Regulatory Quality - Governance estimate in Guinea

Guinea: Regulatory Quality - Governance estimate was -0.8917 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
-0.8917 approx. -2.5 to +2.5
Change on year
up 7.1%
World rank
172nd
of 204 countries
All-time high
-0.7866 approx. -2.5 to +2.5
in 2000
All-time low
-1.65 approx. -2.5 to +2.5
in 2003
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Guinea, 1996–2024

-1.6-1.4-1.2-1-0.81996201020241996: -0.941 approx. -2.5 to +2.51998: -0.791 approx. -2.5 to +2.52000: -0.787 approx. -2.5 to +2.52002: -1.5 approx. -2.5 to +2.52003: -1.6 approx. -2.5 to +2.52004: -1.1 approx. -2.5 to +2.52005: -0.973 approx. -2.5 to +2.52006: -1.1 approx. -2.5 to +2.52007: -1.2 approx. -2.5 to +2.52008: -1.2 approx. -2.5 to +2.52009: -1.2 approx. -2.5 to +2.52010: -1.1 approx. -2.5 to +2.52011: -1.1 approx. -2.5 to +2.52012: -1 approx. -2.5 to +2.52013: -1.1 approx. -2.5 to +2.52014: -1.1 approx. -2.5 to +2.52015: -0.866 approx. -2.5 to +2.52016: -0.829 approx. -2.5 to +2.52017: -0.787 approx. -2.5 to +2.52018: -0.803 approx. -2.5 to +2.52019: -0.793 approx. -2.5 to +2.52020: -0.827 approx. -2.5 to +2.52021: -0.913 approx. -2.5 to +2.52022: -0.961 approx. -2.5 to +2.52023: -0.96 approx. -2.5 to +2.52024: -0.892 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

In 2024, regulatory quality - governance estimate in Guinea stood at -0.8917 approx. -2.5 to +2.5.

That represents a change of up 7.1% on the previous year and up 17.9% over ten years.

Over the whole period, regulatory quality - governance estimate in Guinea peaked at -0.7866 approx. -2.5 to +2.5 in 2000 and was at its lowest, -1.65 approx. -2.5 to +2.5, in 2003.

Guinea ranks 172nd of 204 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.8661 approx. -2.5 to +2.5 -0.9411 approx. -2.5 to +2.5 -0.7912 approx. -2.5 to +2.5 2
2000s -1.18 approx. -2.5 to +2.5 -1.65 approx. -2.5 to +2.5 -0.7866 approx. -2.5 to +2.5 9
2010s -0.9492 approx. -2.5 to +2.5 -1.11 approx. -2.5 to +2.5 -0.7874 approx. -2.5 to +2.5 10
2020s -0.9103 approx. -2.5 to +2.5 -0.9605 approx. -2.5 to +2.5 -0.8267 approx. -2.5 to +2.5 5

Countries ranked near Guinea

  1. 169 Djibouti -0.8528 approx. -2.5 to +2.5 compare
  2. 170 Solomon Islands -0.8885 approx. -2.5 to +2.5 compare
  3. 171 Sao Tome and Principe -0.8909 approx. -2.5 to +2.5 compare
  4. 173 Suriname -0.9187 approx. -2.5 to +2.5 compare
  5. 174 Bangladesh -0.9501 approx. -2.5 to +2.5 compare
  6. 175 Lebanon -0.9589 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Guinea

All data for Guinea →

Frequently asked questions

What is regulatory quality - governance estimate in Guinea?
Regulatory quality - governance estimate in Guinea was -0.8917 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 Guinea?
The highest recorded value was -0.7866 approx. -2.5 to +2.5 in 2000.
What is the lowest regulatory quality - governance estimate recorded in Guinea?
The lowest recorded value was -1.65 approx. -2.5 to +2.5 in 2003.
How does Guinea rank for regulatory quality - governance estimate?
Guinea ranks 172nd out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Guinea?
Over the last ten years it is up 17.9%. The long-run trend across the full record is rising.
Where does this Guinea 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.