Regulatory Quality - Governance estimate in Bulgaria

Bulgaria: Regulatory Quality - Governance estimate was 0.288 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
0.288 approx. -2.5 to +2.5
Change on year
down 18.1%
World rank
70th
of 204 countries
All-time high
0.6354 approx. -2.5 to +2.5
in 2005
All-time low
-0.5184 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Bulgaria, 1996–2024

-0.5-0.2500.250.50.751996201020241996: -0.518 approx. -2.5 to +2.51998: 0.103 approx. -2.5 to +2.52000: 0.138 approx. -2.5 to +2.52002: 0.386 approx. -2.5 to +2.52003: 0.524 approx. -2.5 to +2.52004: 0.542 approx. -2.5 to +2.52005: 0.635 approx. -2.5 to +2.52006: 0.552 approx. -2.5 to +2.52007: 0.597 approx. -2.5 to +2.52008: 0.629 approx. -2.5 to +2.52009: 0.501 approx. -2.5 to +2.52010: 0.483 approx. -2.5 to +2.52011: 0.329 approx. -2.5 to +2.52012: 0.331 approx. -2.5 to +2.52013: 0.296 approx. -2.5 to +2.52014: 0.308 approx. -2.5 to +2.52015: 0.418 approx. -2.5 to +2.52016: 0.556 approx. -2.5 to +2.52017: 0.538 approx. -2.5 to +2.52018: 0.482 approx. -2.5 to +2.52019: 0.458 approx. -2.5 to +2.52020: 0.308 approx. -2.5 to +2.52021: 0.323 approx. -2.5 to +2.52022: 0.248 approx. -2.5 to +2.52023: 0.352 approx. -2.5 to +2.52024: 0.288 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

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

DecadeAverage LowestHighest 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

  1. 67 Seychelles 0.3897 approx. -2.5 to +2.5 compare
  2. 68 Romania 0.3835 approx. -2.5 to +2.5 compare
  3. 69 Hungary 0.335 approx. -2.5 to +2.5 compare
  4. 71 Croatia 0.2859 approx. -2.5 to +2.5 compare
  5. 72 Jordan 0.276 approx. -2.5 to +2.5 compare
  6. 73 Rwanda 0.2696 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Bulgaria

All data for Bulgaria →

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

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.