Regulatory Quality - Governance estimate in Azerbaijan

Azerbaijan: Regulatory Quality - Governance estimate was 0.1349 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
0.1349 approx. -2.5 to +2.5
Change on year
up 212.1%
World rank
80th
of 204 countries
All-time high
0.1349 approx. -2.5 to +2.5
in 2024
All-time low
-1.27 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Azerbaijan, 1996–2024

-1.5-1-0.501996201020241996: -1.3 approx. -2.5 to +2.51998: -1.1 approx. -2.5 to +2.52000: -0.863 approx. -2.5 to +2.52002: -0.782 approx. -2.5 to +2.52003: -0.636 approx. -2.5 to +2.52004: -0.622 approx. -2.5 to +2.52005: -0.542 approx. -2.5 to +2.52006: -0.488 approx. -2.5 to +2.52007: -0.45 approx. -2.5 to +2.52008: -0.376 approx. -2.5 to +2.52009: -0.333 approx. -2.5 to +2.52010: -0.463 approx. -2.5 to +2.52011: -0.442 approx. -2.5 to +2.52012: -0.489 approx. -2.5 to +2.52013: -0.39 approx. -2.5 to +2.52014: -0.277 approx. -2.5 to +2.52015: -0.262 approx. -2.5 to +2.52016: -0.217 approx. -2.5 to +2.52017: -0.185 approx. -2.5 to +2.52018: -0.201 approx. -2.5 to +2.52019: -0.105 approx. -2.5 to +2.52020: -0.106 approx. -2.5 to +2.52021: -0.059 approx. -2.5 to +2.52022: -0.061 approx. -2.5 to +2.52023: 0.043 approx. -2.5 to +2.52024: 0.135 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 Azerbaijan is 0.1349 approx. -2.5 to +2.5, measured in 2024. That is the highest value across all 26 years on record.

Compared with earlier readings it is up 212.1% on the previous year and up 148.7% over ten years.

Over the whole period, regulatory quality - governance estimate in Azerbaijan peaked at 0.1349 approx. -2.5 to +2.5 in 2024 and was at its lowest, -1.27 approx. -2.5 to +2.5, in 1996.

Azerbaijan ranks 80th 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

DecadeAverage LowestHighest Years
1990s -1.2 approx. -2.5 to +2.5 -1.27 approx. -2.5 to +2.5 -1.12 approx. -2.5 to +2.5 2
2000s -0.5657 approx. -2.5 to +2.5 -0.8632 approx. -2.5 to +2.5 -0.3327 approx. -2.5 to +2.5 9
2010s -0.3031 approx. -2.5 to +2.5 -0.4894 approx. -2.5 to +2.5 -0.1045 approx. -2.5 to +2.5 10
2020s -0.0095 approx. -2.5 to +2.5 -0.1056 approx. -2.5 to +2.5 0.1349 approx. -2.5 to +2.5 5

Countries ranked near Azerbaijan

  1. 77 Armenia 0.138 approx. -2.5 to +2.5 compare
  2. 78 Albania 0.1357 approx. -2.5 to +2.5 compare
  3. 79 Namibia 0.1349 approx. -2.5 to +2.5 compare
  4. 81 Montenegro 0.1273 approx. -2.5 to +2.5 compare
  5. 82 Indonesia 0.1247 approx. -2.5 to +2.5 compare
  6. 83 Thailand 0.1064 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is regulatory quality - governance estimate in Azerbaijan?
Regulatory quality - governance estimate in Azerbaijan was 0.1349 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 Azerbaijan?
The highest recorded value was 0.1349 approx. -2.5 to +2.5 in 2024.
What is the lowest regulatory quality - governance estimate recorded in Azerbaijan?
The lowest recorded value was -1.27 approx. -2.5 to +2.5 in 1996.
How does Azerbaijan rank for regulatory quality - governance estimate?
Azerbaijan ranks 80th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Azerbaijan?
Over the last ten years it is up 148.7%. The long-run trend across the full record is volatile.
Where does this Azerbaijan 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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CSV · JSON — 26 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.