Regulatory Quality - Governance estimate in Bulgaria
Bulgaria: Regulatory Quality - Governance estimate was 0.288 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in Bulgaria, 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 Bulgaria stood at 0.288 approx. -2.5 to +2.5.
The figure is down 18.1% on the previous year and down 6.6% over ten years.
Over the whole period, regulatory quality - governance estimate in Bulgaria peaked at 0.6354 approx. -2.5 to +2.5 in 2005 and was at its lowest, -0.5184 approx. -2.5 to +2.5, in 1996.
Bulgaria ranks 70th 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 | -0.2077 approx. -2.5 to +2.5 | -0.5184 approx. -2.5 to +2.5 | 0.103 approx. -2.5 to +2.5 | 2 |
| 2000s | 0.5006 approx. -2.5 to +2.5 | 0.1382 approx. -2.5 to +2.5 | 0.6354 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.42 approx. -2.5 to +2.5 | 0.2963 approx. -2.5 to +2.5 | 0.5564 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.3036 approx. -2.5 to +2.5 | 0.2476 approx. -2.5 to +2.5 | 0.3518 approx. -2.5 to +2.5 | 5 |
Countries ranked near Bulgaria
More reference data data for Bulgaria
- Number of child deaths per woman 0.0095 under-five deaths per woman (2024)
- Fertility rate: births per woman 1.75 live births per woman (2023)
- Fertility rate: births per woman 1.75 live births per woman (2023)
- Fertility rate vs. Human Development Index 1.75 live births per woman (2023)
- Human Development Index 0.845 (2023)
- Rule of Law - Governance estimate -0.0333 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 56.39 0-100 (2024)
- Voice and Accountability - Governance estimate 0.2134 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 60.58 0-100 (2024)
- Political Stability - Governance estimate 0.0399 approx. -2.5 to +2.5 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Bulgaria?
- Regulatory quality - governance estimate in Bulgaria was 0.288 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 Bulgaria?
- The highest recorded value was 0.6354 approx. -2.5 to +2.5 in 2005.
- What is the lowest regulatory quality - governance estimate recorded in Bulgaria?
- The lowest recorded value was -0.5184 approx. -2.5 to +2.5 in 1996.
- How does Bulgaria rank for regulatory quality - governance estimate?
- Bulgaria ranks 70th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Bulgaria?
- Over the last ten years it is down 6.6%. The long-run trend across the full record is volatile.
- Where does this Bulgaria 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.