Regulatory Quality - Governance estimate in Chile
Chile: Regulatory Quality - Governance estimate was 0.7807 approx. -2.5 to +2.5 in 2024. ▼ Falling
Regulatory Quality - Governance estimate in Chile, 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
The most recent figure for regulatory quality - governance estimate in Chile is 0.7807 approx. -2.5 to +2.5, measured in 2024. That is the lowest value across all 26 years on record.
The figure is down 7.9% on the previous year and down 41.0% over ten years.
Over the whole period, regulatory quality - governance estimate in Chile peaked at 1.62 approx. -2.5 to +2.5 in 2005 and was at its lowest, 0.7807 approx. -2.5 to +2.5, in 2024.
Chile ranks 42nd of 204 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.27 approx. -2.5 to +2.5 | 1.25 approx. -2.5 to +2.5 | 1.29 approx. -2.5 to +2.5 | 2 |
| 2000s | 1.55 approx. -2.5 to +2.5 | 1.41 approx. -2.5 to +2.5 | 1.62 approx. -2.5 to +2.5 | 9 |
| 2010s | 1.33 approx. -2.5 to +2.5 | 1.08 approx. -2.5 to +2.5 | 1.55 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.844 approx. -2.5 to +2.5 | 0.7807 approx. -2.5 to +2.5 | 0.8903 approx. -2.5 to +2.5 | 5 |
Countries ranked near Chile
More reference data data for Chile
- Number of child deaths per woman 0.0117 under-five deaths per woman (2024)
- Fertility rate: births per woman 1.17 live births per woman (2023)
- Fertility rate: births per woman 1.17 live births per woman (2023)
- Fertility rate vs. Human Development Index 1.17 live births per woman (2023)
- Human Development Index 0.878 (2023)
- Rule of Law - Governance estimate 0.6911 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 68.86 0-100 (2024)
- Voice and Accountability - Governance estimate 0.9942 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 74.25 0-100 (2024)
- Political Stability - Governance score 67.97 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Chile?
- Regulatory quality - governance estimate in Chile was 0.7807 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 Chile?
- The highest recorded value was 1.62 approx. -2.5 to +2.5 in 2005.
- What is the lowest regulatory quality - governance estimate recorded in Chile?
- The lowest recorded value was 0.7807 approx. -2.5 to +2.5 in 2024.
- How does Chile rank for regulatory quality - governance estimate?
- Chile ranks 42nd out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Chile?
- Over the last ten years it is down 41.0%. The long-run trend across the full record is falling.
- Where does this Chile 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.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.