Regulatory Quality - Governance estimate in Georgia
Georgia: Regulatory Quality - Governance estimate was 0.65 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in Georgia, 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 Georgia is 0.65 approx. -2.5 to +2.5, measured in 2024.
That represents a change of down 19.6% on the previous year and down 20.7% over ten years.
Over the whole period, regulatory quality - governance estimate in Georgia peaked at 0.9448 approx. -2.5 to +2.5 in 2016 and was at its lowest, -1.03 approx. -2.5 to +2.5, in 1996.
Georgia ranks 50th of 204 countries on this measure, in the top quarter.
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 | -0.9338 approx. -2.5 to +2.5 | -1.03 approx. -2.5 to +2.5 | -0.8406 approx. -2.5 to +2.5 | 2 |
| 2000s | -0.1417 approx. -2.5 to +2.5 | -0.8538 approx. -2.5 to +2.5 | 0.5765 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.7977 approx. -2.5 to +2.5 | 0.644 approx. -2.5 to +2.5 | 0.9448 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.7762 approx. -2.5 to +2.5 | 0.65 approx. -2.5 to +2.5 | 0.8431 approx. -2.5 to +2.5 | 5 |
Countries ranked near Georgia
More reference data data for Georgia
- Number of child deaths per woman 0.0167 under-five deaths per woman (2024)
- Fertility rate: births per woman 1.81 live births per woman (2023)
- Fertility rate: births per woman 1.81 live births per woman (2023)
- Fertility rate vs. Human Development Index 1.81 live births per woman (2023)
- Human Development Index 0.844 (2023)
- Rule of Law - Governance score 59.53 0-100 (2024)
- Rule of Law - Governance estimate 0.149 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance estimate -0.2535 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 52.41 0-100 (2024)
- Political Stability - Governance estimate -0.6128 approx. -2.5 to +2.5 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Georgia?
- Regulatory quality - governance estimate in Georgia was 0.65 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 Georgia?
- The highest recorded value was 0.9448 approx. -2.5 to +2.5 in 2016.
- What is the lowest regulatory quality - governance estimate recorded in Georgia?
- The lowest recorded value was -1.03 approx. -2.5 to +2.5 in 1996.
- How does Georgia rank for regulatory quality - governance estimate?
- Georgia ranks 50th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Georgia?
- Over the last ten years it is down 20.7%. The long-run trend across the full record is volatile.
- Where does this Georgia 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.