Regulatory Quality - Governance estimate in Armenia
Armenia: Regulatory Quality - Governance estimate was 0.138 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in Armenia, 1996–2024
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
In 2024, regulatory quality - governance estimate in Armenia stood at 0.138 approx. -2.5 to +2.5.
That represents a change of up 43.1% on the previous year and up 11.8% over ten years.
Over the whole period, regulatory quality - governance estimate in Armenia peaked at 0.4086 approx. -2.5 to +2.5 in 2009 and was at its lowest, -0.7898 approx. -2.5 to +2.5, in 1998.
Armenia ranks 77th of 204 countries on this measure, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.7787 approx. -2.5 to +2.5 | -0.7898 approx. -2.5 to +2.5 | -0.7676 approx. -2.5 to +2.5 | 2 |
| 2000s | 0.1072 approx. -2.5 to +2.5 | -0.7265 approx. -2.5 to +2.5 | 0.4086 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.2896 approx. -2.5 to +2.5 | 0.1234 approx. -2.5 to +2.5 | 0.4081 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.1436 approx. -2.5 to +2.5 | 0.0783 approx. -2.5 to +2.5 | 0.2081 approx. -2.5 to +2.5 | 5 |
Countries ranked near Armenia
- 74 North Macedonia 0.2663 approx. -2.5 to +2.5 compare
- 75 Dominican Republic 0.2073 approx. -2.5 to +2.5 compare
- 76 Saint Lucia 0.1818 approx. -2.5 to +2.5 compare
- 78 Albania 0.1357 approx. -2.5 to +2.5 compare
- 79 Namibia 0.1349 approx. -2.5 to +2.5 compare
- 80 Azerbaijan 0.1349 approx. -2.5 to +2.5 compare
More reference data data for Armenia
- Number of child deaths per woman 0.0151 under-five deaths per woman (2024)
- Fertility rate: births per woman 1.71 live births per woman (2023)
- Fertility rate: births per woman 1.71 live births per woman (2023)
- Fertility rate vs. Human Development Index 1.71 live births per woman (2023)
- Human Development Index 0.811 (2023)
- Rule of Law - Governance score 54.51 0-100 (2024)
- Rule of Law - Governance estimate -0.1424 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance estimate 0.1202 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 58.95 0-100 (2024)
- Political Stability - Governance estimate -0.7233 approx. -2.5 to +2.5 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Armenia?
- Regulatory quality - governance estimate in Armenia was 0.138 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 Armenia?
- The highest recorded value was 0.4086 approx. -2.5 to +2.5 in 2009.
- What is the lowest regulatory quality - governance estimate recorded in Armenia?
- The lowest recorded value was -0.7898 approx. -2.5 to +2.5 in 1998.
- How does Armenia rank for regulatory quality - governance estimate?
- Armenia ranks 77th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Armenia?
- Over the last ten years it is up 11.8%. The long-run trend across the full record is volatile.
- Where does this Armenia 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
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.