Regulatory Quality - Governance estimate in Greece
Greece: Regulatory Quality - Governance estimate was 0.4797 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in Greece, 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
Greece recorded 0.4797 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.
That represents a change of down 6.8% on the previous year and up 212.1% over ten years.
Over the whole period, regulatory quality - governance estimate in Greece peaked at 0.9382 approx. -2.5 to +2.5 in 2003 and was at its lowest, 0.1446 approx. -2.5 to +2.5, in 2012.
That places Greece 60th out of 204 countries with data for 2024, putting it 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5099 approx. -2.5 to +2.5 | 0.3661 approx. -2.5 to +2.5 | 0.6536 approx. -2.5 to +2.5 | 2 |
| 2000s | 0.8146 approx. -2.5 to +2.5 | 0.6473 approx. -2.5 to +2.5 | 0.9382 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.2531 approx. -2.5 to +2.5 | 0.1446 approx. -2.5 to +2.5 | 0.4349 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.4508 approx. -2.5 to +2.5 | 0.3963 approx. -2.5 to +2.5 | 0.5146 approx. -2.5 to +2.5 | 5 |
Countries ranked near Greece
More reference data data for Greece
- Number of child deaths per woman 0.0051 under-five deaths per woman (2024)
- Fertility rate: births per woman 1.33 live births per woman (2023)
- Fertility rate: births per woman 1.33 live births per woman (2023)
- Fertility rate vs. Human Development Index 1.33 live births per woman (2023)
- Human Development Index 0.908 (2023)
- Rule of Law - Governance estimate 0.2983 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 62.1 0-100 (2024)
- Voice and Accountability - Governance estimate 0.7819 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 70.53 0-100 (2024)
- Political Stability - Governance score 68.28 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Greece?
- Regulatory quality - governance estimate in Greece was 0.4797 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 Greece?
- The highest recorded value was 0.9382 approx. -2.5 to +2.5 in 2003.
- What is the lowest regulatory quality - governance estimate recorded in Greece?
- The lowest recorded value was 0.1446 approx. -2.5 to +2.5 in 2012.
- How does Greece rank for regulatory quality - governance estimate?
- Greece ranks 60th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Greece?
- Over the last ten years it is up 212.1%. The long-run trend across the full record is volatile.
- Where does this Greece 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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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.