Regulatory Quality - Governance estimate in Aruba

Aruba: Regulatory Quality - Governance estimate was 0.9809 approx. -2.5 to +2.5 in 2024. ▼ Falling

Latest (2024)
0.9809 approx. -2.5 to +2.5
Change on year
up 0.1%
World rank
35th
of 204 countries
All-time high
1.47 approx. -2.5 to +2.5
in 2011
All-time low
0.7433 approx. -2.5 to +2.5
in 2004
Years of data
21
2004–2024

Regulatory Quality - Governance estimate in Aruba, 2004–2024

00.511.52004201420242004: 0.743 approx. -2.5 to +2.52005: 1.1 approx. -2.5 to +2.52006: 1.1 approx. -2.5 to +2.52007: 1.1 approx. -2.5 to +2.52008: 1.1 approx. -2.5 to +2.52009: 1.5 approx. -2.5 to +2.52010: 1.5 approx. -2.5 to +2.52011: 1.5 approx. -2.5 to +2.52012: 1.5 approx. -2.5 to +2.52013: 1.5 approx. -2.5 to +2.52014: 1.2 approx. -2.5 to +2.52015: 1.4 approx. -2.5 to +2.52016: 1.4 approx. -2.5 to +2.52017: 1.3 approx. -2.5 to +2.52018: 0.985 approx. -2.5 to +2.52019: 0.986 approx. -2.5 to +2.52020: 0.984 approx. -2.5 to +2.52021: 0.983 approx. -2.5 to +2.52022: 0.98 approx. -2.5 to +2.52023: 0.98 approx. -2.5 to +2.52024: 0.981 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

Aruba recorded 0.9809 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

Compared with earlier readings it is up 0.1% on the previous year and down 21.2% over ten years.

Over the whole period, regulatory quality - governance estimate in Aruba peaked at 1.47 approx. -2.5 to +2.5 in 2011 and was at its lowest, 0.7433 approx. -2.5 to +2.5, in 2004.

That places Aruba 35th out of 204 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.11 approx. -2.5 to +2.5 0.7433 approx. -2.5 to +2.5 1.47 approx. -2.5 to +2.5 6
2010s 1.31 approx. -2.5 to +2.5 0.9845 approx. -2.5 to +2.5 1.47 approx. -2.5 to +2.5 10
2020s 0.9815 approx. -2.5 to +2.5 0.98 approx. -2.5 to +2.5 0.9835 approx. -2.5 to +2.5 5

Countries ranked near Aruba

  1. 32 Latvia 1.1 approx. -2.5 to +2.5 compare
  2. 33 Cayman Islands 1.07 approx. -2.5 to +2.5 compare
  3. 34 South Korea 1.01 approx. -2.5 to +2.5 compare
  4. 36 Qatar 0.9663 approx. -2.5 to +2.5 compare
  5. 37 Bahrain 0.9502 approx. -2.5 to +2.5 compare
  6. 38 Mauritius 0.94 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Aruba

All data for Aruba →

Frequently asked questions

What is regulatory quality - governance estimate in Aruba?
Regulatory quality - governance estimate in Aruba was 0.9809 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 Aruba?
The highest recorded value was 1.47 approx. -2.5 to +2.5 in 2011.
What is the lowest regulatory quality - governance estimate recorded in Aruba?
The lowest recorded value was 0.7433 approx. -2.5 to +2.5 in 2004.
How does Aruba rank for regulatory quality - governance estimate?
Aruba ranks 35th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Aruba?
Over the last ten years it is down 21.2%. The long-run trend across the full record is falling.
Where does this Aruba 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.

Download this data

CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.