Regulatory Quality - Governance estimate in Ecuador

Ecuador: Regulatory Quality - Governance estimate was -0.6464 approx. -2.5 to +2.5 in 2024. ▬ Flat

Latest (2024)
-0.6464 approx. -2.5 to +2.5
Change on year
down 7.8%
World rank
150th
of 204 countries
All-time high
-0.1013 approx. -2.5 to +2.5
in 1998
All-time low
-1.3 approx. -2.5 to +2.5
in 2009
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Ecuador, 1996–2024

-1.2-1-0.75-0.5-0.2501996201020241996: -0.495 approx. -2.5 to +2.51998: -0.101 approx. -2.5 to +2.52000: -0.714 approx. -2.5 to +2.52002: -0.83 approx. -2.5 to +2.52003: -0.761 approx. -2.5 to +2.52004: -0.798 approx. -2.5 to +2.52005: -0.861 approx. -2.5 to +2.52006: -0.916 approx. -2.5 to +2.52007: -0.945 approx. -2.5 to +2.52008: -1.1 approx. -2.5 to +2.52009: -1.3 approx. -2.5 to +2.52010: -1.3 approx. -2.5 to +2.52011: -1.1 approx. -2.5 to +2.52012: -0.998 approx. -2.5 to +2.52013: -0.83 approx. -2.5 to +2.52014: -0.76 approx. -2.5 to +2.52015: -0.966 approx. -2.5 to +2.52016: -0.867 approx. -2.5 to +2.52017: -0.937 approx. -2.5 to +2.52018: -0.824 approx. -2.5 to +2.52019: -0.732 approx. -2.5 to +2.52020: -0.736 approx. -2.5 to +2.52021: -0.555 approx. -2.5 to +2.52022: -0.478 approx. -2.5 to +2.52023: -0.599 approx. -2.5 to +2.52024: -0.646 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 Ecuador is -0.6464 approx. -2.5 to +2.5, measured in 2024.

That represents a change of down 7.8% on the previous year and up 15.0% over ten years.

Over the whole period, regulatory quality - governance estimate in Ecuador peaked at -0.1013 approx. -2.5 to +2.5 in 1998 and was at its lowest, -1.3 approx. -2.5 to +2.5, in 2009.

That places Ecuador 150th out of 204 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.2981 approx. -2.5 to +2.5 -0.495 approx. -2.5 to +2.5 -0.1013 approx. -2.5 to +2.5 2
2000s -0.9158 approx. -2.5 to +2.5 -1.3 approx. -2.5 to +2.5 -0.7137 approx. -2.5 to +2.5 9
2010s -0.9308 approx. -2.5 to +2.5 -1.26 approx. -2.5 to +2.5 -0.7316 approx. -2.5 to +2.5 10
2020s -0.6031 approx. -2.5 to +2.5 -0.736 approx. -2.5 to +2.5 -0.4783 approx. -2.5 to +2.5 5

Countries ranked near Ecuador

  1. 147 Nigeria -0.6333 approx. -2.5 to +2.5 compare
  2. 148 Laos -0.636 approx. -2.5 to +2.5 compare
  3. 149 Eswatini -0.638 approx. -2.5 to +2.5 compare
  4. 151 Gambia -0.664 approx. -2.5 to +2.5 compare
  5. 152 Marshall Islands -0.6876 approx. -2.5 to +2.5 compare
  6. 153 Gabon -0.7235 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is regulatory quality - governance estimate in Ecuador?
Regulatory quality - governance estimate in Ecuador was -0.6464 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 Ecuador?
The highest recorded value was -0.1013 approx. -2.5 to +2.5 in 1998.
What is the lowest regulatory quality - governance estimate recorded in Ecuador?
The lowest recorded value was -1.3 approx. -2.5 to +2.5 in 2009.
How does Ecuador rank for regulatory quality - governance estimate?
Ecuador ranks 150th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Ecuador?
Over the last ten years it is up 15.0%. The long-run trend across the full record is flat.
Where does this Ecuador 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.