Regulatory Quality - Governance estimate in Hungary
Hungary: Regulatory Quality - Governance estimate was 0.335 approx. -2.5 to +2.5 in 2024. ▼ Falling
Regulatory Quality - Governance estimate in Hungary, 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
In 2024, regulatory quality - governance estimate in Hungary stood at 0.335 approx. -2.5 to +2.5.
That represents a change of up 41.1% on the previous year and down 23.0% over ten years.
Over the whole period, regulatory quality - governance estimate in Hungary peaked at 1.29 approx. -2.5 to +2.5 in 2007 and was at its lowest, 0.2375 approx. -2.5 to +2.5, in 2023.
Hungary ranks 69th 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 | 0.5858 approx. -2.5 to +2.5 | 0.4438 approx. -2.5 to +2.5 | 0.7278 approx. -2.5 to +2.5 | 2 |
| 2000s | 1.18 approx. -2.5 to +2.5 | 0.8153 approx. -2.5 to +2.5 | 1.29 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.6161 approx. -2.5 to +2.5 | 0.4352 approx. -2.5 to +2.5 | 0.9305 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.3398 approx. -2.5 to +2.5 | 0.2375 approx. -2.5 to +2.5 | 0.4381 approx. -2.5 to +2.5 | 5 |
Countries ranked near Hungary
More reference data data for Hungary
- Number of child deaths per woman 0.0054 under-five deaths per woman (2024)
- Fertility rate: births per woman 1.49 live births per woman (2023)
- Fertility rate: births per woman 1.49 live births per woman (2023)
- Fertility rate vs. Human Development Index 1.49 live births per woman (2023)
- Human Development Index 0.87 (2023)
- Rule of Law - Governance estimate 0.1923 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 60.27 0-100 (2024)
- Voice and Accountability - Governance estimate -0.0277 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 56.36 0-100 (2024)
- Political Stability - Governance score 73.35 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Hungary?
- Regulatory quality - governance estimate in Hungary was 0.335 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 Hungary?
- The highest recorded value was 1.29 approx. -2.5 to +2.5 in 2007.
- What is the lowest regulatory quality - governance estimate recorded in Hungary?
- The lowest recorded value was 0.2375 approx. -2.5 to +2.5 in 2023.
- How does Hungary rank for regulatory quality - governance estimate?
- Hungary ranks 69th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Hungary?
- Over the last ten years it is down 23.0%. The long-run trend across the full record is falling.
- Where does this Hungary 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.