Regulatory Quality - Governance estimate in Albania

Albania: Regulatory Quality - Governance estimate was 0.1357 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
0.1357 approx. -2.5 to +2.5
Change on year
up 114.6%
World rank
78th
of 204 countries
All-time high
0.1357 approx. -2.5 to +2.5
in 2024
All-time low
-0.9299 approx. -2.5 to +2.5
in 1998
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Albania, 1996–2024

-1-0.75-0.5-0.2500.251996201020241996: -0.79 approx. -2.5 to +2.51998: -0.93 approx. -2.5 to +2.52000: -0.736 approx. -2.5 to +2.52002: -0.433 approx. -2.5 to +2.52003: -0.416 approx. -2.5 to +2.52004: -0.288 approx. -2.5 to +2.52005: -0.356 approx. -2.5 to +2.52006: -0.131 approx. -2.5 to +2.52007: -0.007 approx. -2.5 to +2.52008: 0.038 approx. -2.5 to +2.52009: 0.128 approx. -2.5 to +2.52010: 0.107 approx. -2.5 to +2.52011: 0.054 approx. -2.5 to +2.52012: -0.084 approx. -2.5 to +2.52013: -0.064 approx. -2.5 to +2.52014: 0.057 approx. -2.5 to +2.52015: 0.044 approx. -2.5 to +2.52016: 0.064 approx. -2.5 to +2.52017: 0.111 approx. -2.5 to +2.52018: 0.114 approx. -2.5 to +2.52019: 0.092 approx. -2.5 to +2.52020: -0.02 approx. -2.5 to +2.52021: -0.005 approx. -2.5 to +2.52022: 0.016 approx. -2.5 to +2.52023: 0.063 approx. -2.5 to +2.52024: 0.136 approx. -2.5 to +2.5

Source: The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Measured in approx. -2.5 to +2.5.

Analysis

The most recent figure for regulatory quality - governance estimate in Albania is 0.1357 approx. -2.5 to +2.5, measured in 2024. That is the highest value across all 26 years on record.

The figure is up 114.6% on the previous year and up 140.1% over ten years.

Over the whole period, regulatory quality - governance estimate in Albania peaked at 0.1357 approx. -2.5 to +2.5 in 2024 and was at its lowest, -0.9299 approx. -2.5 to +2.5, in 1998.

That places Albania 78th out of 204 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.86 approx. -2.5 to +2.5 -0.9299 approx. -2.5 to +2.5 -0.79 approx. -2.5 to +2.5 2
2000s -0.2445 approx. -2.5 to +2.5 -0.7362 approx. -2.5 to +2.5 0.1277 approx. -2.5 to +2.5 9
2010s 0.0495 approx. -2.5 to +2.5 -0.0836 approx. -2.5 to +2.5 0.114 approx. -2.5 to +2.5 10
2020s 0.038 approx. -2.5 to +2.5 -0.0196 approx. -2.5 to +2.5 0.1357 approx. -2.5 to +2.5 5

Countries ranked near Albania

  1. 75 Dominican Republic 0.2073 approx. -2.5 to +2.5 compare
  2. 76 Saint Lucia 0.1818 approx. -2.5 to +2.5 compare
  3. 77 Armenia 0.138 approx. -2.5 to +2.5 compare
  4. 79 Namibia 0.1349 approx. -2.5 to +2.5 compare
  5. 80 Azerbaijan 0.1349 approx. -2.5 to +2.5 compare
  6. 81 Montenegro 0.1273 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Albania

All data for Albania →

Frequently asked questions

What is regulatory quality - governance estimate in Albania?
Regulatory quality - governance estimate in Albania was 0.1357 approx. -2.5 to +2.5 in 2024, according to The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG).
What is the highest regulatory quality - governance estimate recorded in Albania?
The highest recorded value was 0.1357 approx. -2.5 to +2.5 in 2024.
What is the lowest regulatory quality - governance estimate recorded in Albania?
The lowest recorded value was -0.9299 approx. -2.5 to +2.5 in 1998.
How does Albania rank for regulatory quality - governance estimate?
Albania ranks 78th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Albania?
Over the last ten years it is up 140.1%. The long-run trend across the full record is volatile.
Where does this Albania data come from?
The figures come from The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG), published as part of Regulatory Quality - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.

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About this data

Indicator
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5)
Unit
approx. -2.5 to +2.5
Source
The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 5,143 data points, 1996–2024
Last refreshed

Regulatory Quality (RQ) captures perceptions of the government’s ability to design and implement policies and regulations that promote private sector development. Governance estimate from the aggregation model, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) standard error. The number of sources indicates the number of underlying data sources on which the governance estimate is based. The standard error indicates the precision of the governance estimate. Larger values indicate less precise estimates. A 90% confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.