Regulatory Quality - Governance estimate in Bhutan

Bhutan: Regulatory Quality - Governance estimate was -0.0913 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
-0.0913 approx. -2.5 to +2.5
Change on year
up 16.4%
World rank
102nd
of 204 countries
All-time high
0.2261 approx. -2.5 to +2.5
in 2003
All-time low
-0.8672 approx. -2.5 to +2.5
in 2010
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Bhutan, 1996–2024

-0.75-0.5-0.2500.251996201020241996: -0.181 approx. -2.5 to +2.51998: -0.15 approx. -2.5 to +2.52000: -0.142 approx. -2.5 to +2.52002: -0.129 approx. -2.5 to +2.52003: 0.226 approx. -2.5 to +2.52004: -0.653 approx. -2.5 to +2.52005: -0.157 approx. -2.5 to +2.52006: -0.487 approx. -2.5 to +2.52007: -0.472 approx. -2.5 to +2.52008: -0.557 approx. -2.5 to +2.52009: -0.842 approx. -2.5 to +2.52010: -0.867 approx. -2.5 to +2.52011: -0.865 approx. -2.5 to +2.52012: -0.84 approx. -2.5 to +2.52013: -0.841 approx. -2.5 to +2.52014: -0.728 approx. -2.5 to +2.52015: -0.402 approx. -2.5 to +2.52016: -0.344 approx. -2.5 to +2.52017: -0.129 approx. -2.5 to +2.52018: -0.047 approx. -2.5 to +2.52019: -0.07 approx. -2.5 to +2.52020: -0.031 approx. -2.5 to +2.52021: -0.045 approx. -2.5 to +2.52022: -0.109 approx. -2.5 to +2.52023: -0.109 approx. -2.5 to +2.52024: -0.091 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 Bhutan is -0.0913 approx. -2.5 to +2.5, measured in 2024.

The figure is up 16.4% on the previous year and up 87.5% over ten years.

Over the whole period, regulatory quality - governance estimate in Bhutan peaked at 0.2261 approx. -2.5 to +2.5 in 2003 and was at its lowest, -0.8672 approx. -2.5 to +2.5, in 2010.

Bhutan ranks 102nd 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 -0.1657 approx. -2.5 to +2.5 -0.1811 approx. -2.5 to +2.5 -0.1502 approx. -2.5 to +2.5 2
2000s -0.3571 approx. -2.5 to +2.5 -0.8418 approx. -2.5 to +2.5 0.2261 approx. -2.5 to +2.5 9
2010s -0.5131 approx. -2.5 to +2.5 -0.8672 approx. -2.5 to +2.5 -0.0472 approx. -2.5 to +2.5 10
2020s -0.0772 approx. -2.5 to +2.5 -0.1094 approx. -2.5 to +2.5 -0.0309 approx. -2.5 to +2.5 5

Countries ranked near Bhutan

  1. 99 China -0.0713 approx. -2.5 to +2.5 compare
  2. 100 Panama -0.0738 approx. -2.5 to +2.5 compare
  3. 101 Ghana -0.0899 approx. -2.5 to +2.5 compare
  4. 103 India -0.0961 approx. -2.5 to +2.5 compare
  5. 104 Samoa -0.1017 approx. -2.5 to +2.5 compare
  6. 105 Bahamas -0.1073 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Bhutan

All data for Bhutan →

Frequently asked questions

What is regulatory quality - governance estimate in Bhutan?
Regulatory quality - governance estimate in Bhutan was -0.0913 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 Bhutan?
The highest recorded value was 0.2261 approx. -2.5 to +2.5 in 2003.
What is the lowest regulatory quality - governance estimate recorded in Bhutan?
The lowest recorded value was -0.8672 approx. -2.5 to +2.5 in 2010.
How does Bhutan rank for regulatory quality - governance estimate?
Bhutan ranks 102nd out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Bhutan?
Over the last ten years it is up 87.5%. The long-run trend across the full record is volatile.
Where does this Bhutan 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.