Regulatory Quality - Governance estimate in Bahamas

Bahamas: Regulatory Quality - Governance estimate was -0.1073 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
-0.1073 approx. -2.5 to +2.5
Change on year
down 13.8%
World rank
105th
of 204 countries
All-time high
1.35 approx. -2.5 to +2.5
in 2002
All-time low
-0.1073 approx. -2.5 to +2.5
in 2024
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Bahamas, 1996–2024

00.511.51996201020241996: 0.553 approx. -2.5 to +2.51998: 0.977 approx. -2.5 to +2.52000: 1.1 approx. -2.5 to +2.52002: 1.3 approx. -2.5 to +2.52003: 1.3 approx. -2.5 to +2.52004: 1.1 approx. -2.5 to +2.52005: 1.2 approx. -2.5 to +2.52006: 1.2 approx. -2.5 to +2.52007: 1.2 approx. -2.5 to +2.52008: 1.2 approx. -2.5 to +2.52009: 0.756 approx. -2.5 to +2.52010: 0.639 approx. -2.5 to +2.52011: 0.58 approx. -2.5 to +2.52012: 0.576 approx. -2.5 to +2.52013: 0.439 approx. -2.5 to +2.52014: 0.357 approx. -2.5 to +2.52015: 0.186 approx. -2.5 to +2.52016: 0.218 approx. -2.5 to +2.52017: 0.072 approx. -2.5 to +2.52018: 0.142 approx. -2.5 to +2.52019: -0.004 approx. -2.5 to +2.52020: -0.011 approx. -2.5 to +2.52021: -0.02 approx. -2.5 to +2.52022: -0.067 approx. -2.5 to +2.52023: -0.094 approx. -2.5 to +2.52024: -0.107 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 Bahamas is -0.1073 approx. -2.5 to +2.5, measured in 2024. That is the lowest value across all 26 years on record.

That represents a change of down 13.8% on the previous year and down 130.1% over ten years.

Over the whole period, regulatory quality - governance estimate in Bahamas peaked at 1.35 approx. -2.5 to +2.5 in 2002 and was at its lowest, -0.1073 approx. -2.5 to +2.5, in 2024.

Bahamas ranks 105th 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 0.7649 approx. -2.5 to +2.5 0.5528 approx. -2.5 to +2.5 0.9769 approx. -2.5 to +2.5 2
2000s 1.14 approx. -2.5 to +2.5 0.7564 approx. -2.5 to +2.5 1.35 approx. -2.5 to +2.5 9
2010s 0.3204 approx. -2.5 to +2.5 -0.004 approx. -2.5 to +2.5 0.6386 approx. -2.5 to +2.5 10
2020s -0.0601 approx. -2.5 to +2.5 -0.1073 approx. -2.5 to +2.5 -0.0114 approx. -2.5 to +2.5 5

Countries ranked near Bahamas

  1. 102 Bhutan -0.0913 approx. -2.5 to +2.5 compare
  2. 103 India -0.0961 approx. -2.5 to +2.5 compare
  3. 104 Samoa -0.1017 approx. -2.5 to +2.5 compare
  4. 106 Paraguay -0.1412 approx. -2.5 to +2.5 compare
  5. 107 Cote d'Ivoire -0.167 approx. -2.5 to +2.5 compare
  6. 108 El Salvador -0.1762 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Bahamas

All data for Bahamas →

Frequently asked questions

What is regulatory quality - governance estimate in Bahamas?
Regulatory quality - governance estimate in Bahamas was -0.1073 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 Bahamas?
The highest recorded value was 1.35 approx. -2.5 to +2.5 in 2002.
What is the lowest regulatory quality - governance estimate recorded in Bahamas?
The lowest recorded value was -0.1073 approx. -2.5 to +2.5 in 2024.
How does Bahamas rank for regulatory quality - governance estimate?
Bahamas ranks 105th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Bahamas?
Over the last ten years it is down 130.1%. The long-run trend across the full record is volatile.
Where does this Bahamas 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.