Regulatory Quality - Governance estimate in Cyprus
Cyprus: Regulatory Quality - Governance estimate was 0.7396 approx. -2.5 to +2.5 in 2024. ▼ Falling
Regulatory Quality - Governance estimate in Cyprus, 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 Cyprus stood at 0.7396 approx. -2.5 to +2.5.
That represents a change of down 4.2% on the previous year and down 25.1% over ten years.
Over the whole period, regulatory quality - governance estimate in Cyprus peaked at 1.52 approx. -2.5 to +2.5 in 2007 and was at its lowest, 0.7331 approx. -2.5 to +2.5, in 2022.
That places Cyprus 44th out of 204 countries with data for 2024, putting it 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 | 0.9137 approx. -2.5 to +2.5 | 0.9022 approx. -2.5 to +2.5 | 0.9252 approx. -2.5 to +2.5 | 2 |
| 2000s | 1.29 approx. -2.5 to +2.5 | 0.7774 approx. -2.5 to +2.5 | 1.52 approx. -2.5 to +2.5 | 9 |
| 2010s | 1.04 approx. -2.5 to +2.5 | 0.8203 approx. -2.5 to +2.5 | 1.44 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.7983 approx. -2.5 to +2.5 | 0.7331 approx. -2.5 to +2.5 | 0.8979 approx. -2.5 to +2.5 | 5 |
Countries ranked near Cyprus
More reference data data for Cyprus
- Number of child deaths per woman 0.0068 under-five deaths per woman (2024)
- Fertility rate: births per woman 1.39 live births per woman (2023)
- Fertility rate: births per woman 1.39 live births per woman (2023)
- Fertility rate vs. Human Development Index 1.39 live births per woman (2023)
- Human Development Index 0.913 (2023)
- Rule of Law - Governance estimate 0.6892 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 68.83 0-100 (2024)
- Voice and Accountability - Governance estimate 0.8873 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 72.38 0-100 (2024)
- Political Stability - Governance score 72.49 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Cyprus?
- Regulatory quality - governance estimate in Cyprus was 0.7396 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 Cyprus?
- The highest recorded value was 1.52 approx. -2.5 to +2.5 in 2007.
- What is the lowest regulatory quality - governance estimate recorded in Cyprus?
- The lowest recorded value was 0.7331 approx. -2.5 to +2.5 in 2022.
- How does Cyprus rank for regulatory quality - governance estimate?
- Cyprus ranks 44th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Cyprus?
- Over the last ten years it is down 25.1%. The long-run trend across the full record is falling.
- Where does this Cyprus 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.