Regulatory Quality - Governance estimate in Jamaica

Jamaica: Regulatory Quality - Governance estimate was 0.0909 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
0.0909 approx. -2.5 to +2.5
Change on year
down 38.8%
World rank
85th
of 204 countries
All-time high
0.3057 approx. -2.5 to +2.5
in 2007
All-time low
-0.0022 approx. -2.5 to +2.5
in 2012
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Jamaica, 1996–2024

00.10.20.31996201020241996: 0.067 approx. -2.5 to +2.51998: 0.24 approx. -2.5 to +2.52000: 0.059 approx. -2.5 to +2.52002: 0.104 approx. -2.5 to +2.52003: 0.13 approx. -2.5 to +2.52004: 0.192 approx. -2.5 to +2.52005: 0.225 approx. -2.5 to +2.52006: 0.289 approx. -2.5 to +2.52007: 0.306 approx. -2.5 to +2.52008: 0.284 approx. -2.5 to +2.52009: 0.253 approx. -2.5 to +2.52010: 0.254 approx. -2.5 to +2.52011: 0.195 approx. -2.5 to +2.52012: -0.002 approx. -2.5 to +2.52013: 0.042 approx. -2.5 to +2.52014: 0.055 approx. -2.5 to +2.52015: 0.127 approx. -2.5 to +2.52016: 0.145 approx. -2.5 to +2.52017: 0.124 approx. -2.5 to +2.52018: 0.147 approx. -2.5 to +2.52019: 0.136 approx. -2.5 to +2.52020: 0.099 approx. -2.5 to +2.52021: 0.182 approx. -2.5 to +2.52022: 0.171 approx. -2.5 to +2.52023: 0.149 approx. -2.5 to +2.52024: 0.091 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 Jamaica stood at 0.0909 approx. -2.5 to +2.5.

That represents a change of down 38.8% on the previous year and up 64.8% over ten years.

Over the whole period, regulatory quality - governance estimate in Jamaica peaked at 0.3057 approx. -2.5 to +2.5 in 2007 and was at its lowest, -0.0022 approx. -2.5 to +2.5, in 2012.

That places Jamaica 85th 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

DecadeAverage LowestHighest Years
1990s 0.1536 approx. -2.5 to +2.5 0.0668 approx. -2.5 to +2.5 0.2403 approx. -2.5 to +2.5 2
2000s 0.2047 approx. -2.5 to +2.5 0.0591 approx. -2.5 to +2.5 0.3057 approx. -2.5 to +2.5 9
2010s 0.1223 approx. -2.5 to +2.5 -0.0022 approx. -2.5 to +2.5 0.2537 approx. -2.5 to +2.5 10
2020s 0.1381 approx. -2.5 to +2.5 0.0909 approx. -2.5 to +2.5 0.1818 approx. -2.5 to +2.5 5

Countries ranked near Jamaica

  1. 82 Indonesia 0.1247 approx. -2.5 to +2.5 compare
  2. 83 Thailand 0.1064 approx. -2.5 to +2.5 compare
  3. 84 Saint Vincent and the Grenadines 0.1062 approx. -2.5 to +2.5 compare
  4. 86 Peru 0.0828 approx. -2.5 to +2.5 compare
  5. 87 Philippines 0.0793 approx. -2.5 to +2.5 compare
  6. 88 Serbia 0.0784 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Jamaica

All data for Jamaica →

Frequently asked questions

What is regulatory quality - governance estimate in Jamaica?
Regulatory quality - governance estimate in Jamaica was 0.0909 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 Jamaica?
The highest recorded value was 0.3057 approx. -2.5 to +2.5 in 2007.
What is the lowest regulatory quality - governance estimate recorded in Jamaica?
The lowest recorded value was -0.0022 approx. -2.5 to +2.5 in 2012.
How does Jamaica rank for regulatory quality - governance estimate?
Jamaica ranks 85th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Jamaica?
Over the last ten years it is up 64.8%. The long-run trend across the full record is volatile.
Where does this Jamaica 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.