Regulatory Quality - Governance estimate in India
India: Regulatory Quality - Governance estimate was -0.0961 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in India, 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 India is -0.0961 approx. -2.5 to +2.5, measured in 2024.
The figure is up 24.5% on the previous year and up 74.8% over ten years.
Over the whole period, regulatory quality - governance estimate in India peaked at -0.0877 approx. -2.5 to +2.5 in 2022 and was at its lowest, -0.6386 approx. -2.5 to +2.5, in 1996.
India ranks 103rd of 204 countries on this measure, 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 | -0.6125 approx. -2.5 to +2.5 | -0.6386 approx. -2.5 to +2.5 | -0.5863 approx. -2.5 to +2.5 | 2 |
| 2000s | -0.2777 approx. -2.5 to +2.5 | -0.4414 approx. -2.5 to +2.5 | -0.1775 approx. -2.5 to +2.5 | 9 |
| 2010s | -0.2798 approx. -2.5 to +2.5 | -0.3809 approx. -2.5 to +2.5 | -0.0981 approx. -2.5 to +2.5 | 10 |
| 2020s | -0.1259 approx. -2.5 to +2.5 | -0.1699 approx. -2.5 to +2.5 | -0.0877 approx. -2.5 to +2.5 | 5 |
Countries ranked near India
More reference data data for India
- Number of child deaths per woman 0.0574 under-five deaths per woman (2024)
- Fertility rate vs. Human Development Index 1.98 live births per woman (2023)
- Fertility rate: births per woman 1.98 live births per woman (2023)
- Fertility rate: births per woman 1.98 live births per woman (2023)
- Human Development Index 0.685 (2023)
- Rule of Law - Governance estimate -0.0392 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 56.29 0-100 (2024)
- Voice and Accountability - Governance score 55.47 0-100 (2024)
- Voice and Accountability - Governance estimate -0.0789 approx. -2.5 to +2.5 (2024)
- Political Stability - Governance score 52.47 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in India?
- Regulatory quality - governance estimate in India was -0.0961 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 India?
- The highest recorded value was -0.0877 approx. -2.5 to +2.5 in 2022.
- What is the lowest regulatory quality - governance estimate recorded in India?
- The lowest recorded value was -0.6386 approx. -2.5 to +2.5 in 1996.
- How does India rank for regulatory quality - governance estimate?
- India ranks 103rd out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in India?
- Over the last ten years it is up 74.8%. The long-run trend across the full record is volatile.
- Where does this India 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
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.