Regulatory Quality - Governance estimate in Guyana
Guyana: Regulatory Quality - Governance estimate was -0.4475 approx. -2.5 to +2.5 in 2024. ▼ Falling
Regulatory Quality - Governance estimate in Guyana, 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
Guyana recorded -0.4475 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.
Compared with earlier readings it is up 32.8% on the previous year and up 22.7% over ten years.
Over the whole period, regulatory quality - governance estimate in Guyana peaked at -0.1703 approx. -2.5 to +2.5 in 1998 and was at its lowest, -0.6656 approx. -2.5 to +2.5, in 2023.
Guyana ranks 130th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.3824 approx. -2.5 to +2.5 | -0.5945 approx. -2.5 to +2.5 | -0.1703 approx. -2.5 to +2.5 | 2 |
| 2000s | -0.4693 approx. -2.5 to +2.5 | -0.5854 approx. -2.5 to +2.5 | -0.3015 approx. -2.5 to +2.5 | 9 |
| 2010s | -0.5281 approx. -2.5 to +2.5 | -0.6387 approx. -2.5 to +2.5 | -0.3708 approx. -2.5 to +2.5 | 10 |
| 2020s | -0.5844 approx. -2.5 to +2.5 | -0.6656 approx. -2.5 to +2.5 | -0.4475 approx. -2.5 to +2.5 | 5 |
Countries ranked near Guyana
More reference data data for Guyana
- Number of child deaths per woman 0.0587 under-five deaths per woman (2024)
- Fertility rate vs. Human Development Index 2.41 live births per woman (2023)
- Fertility rate: births per woman 2.41 live births per woman (2023)
- Fertility rate: births per woman 2.41 live births per woman (2023)
- Human Development Index 0.776 (2023)
- Rule of Law - Governance estimate -0.3342 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 51.21 0-100 (2024)
- Voice and Accountability - Governance estimate -0.1074 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 54.97 0-100 (2024)
- Political Stability - Governance score 69.59 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Guyana?
- Regulatory quality - governance estimate in Guyana was -0.4475 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 Guyana?
- The highest recorded value was -0.1703 approx. -2.5 to +2.5 in 1998.
- What is the lowest regulatory quality - governance estimate recorded in Guyana?
- The lowest recorded value was -0.6656 approx. -2.5 to +2.5 in 2023.
- How does Guyana rank for regulatory quality - governance estimate?
- Guyana ranks 130th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Guyana?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is falling.
- Where does this Guyana 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.