Regulatory Quality - Governance estimate in Kiribati

Kiribati: Regulatory Quality - Governance estimate was -0.5014 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
-0.5014 approx. -2.5 to +2.5
Change on year
up 16.4%
World rank
135th
of 204 countries
All-time high
-0.4622 approx. -2.5 to +2.5
in 2004
All-time low
-1.18 approx. -2.5 to +2.5
in 2013
Years of data
21
2004–2024

Regulatory Quality - Governance estimate in Kiribati, 2004–2024

-1.2-1-0.8-0.6-0.42004201420242004: -0.462 approx. -2.5 to +2.52005: -0.961 approx. -2.5 to +2.52006: -0.962 approx. -2.5 to +2.52007: -1 approx. -2.5 to +2.52008: -1.1 approx. -2.5 to +2.52009: -1.1 approx. -2.5 to +2.52010: -1.2 approx. -2.5 to +2.52011: -1.2 approx. -2.5 to +2.52012: -1.2 approx. -2.5 to +2.52013: -1.2 approx. -2.5 to +2.52014: -0.667 approx. -2.5 to +2.52015: -0.663 approx. -2.5 to +2.52016: -0.679 approx. -2.5 to +2.52017: -0.678 approx. -2.5 to +2.52018: -0.677 approx. -2.5 to +2.52019: -0.505 approx. -2.5 to +2.52020: -0.549 approx. -2.5 to +2.52021: -0.55 approx. -2.5 to +2.52022: -0.534 approx. -2.5 to +2.52023: -0.6 approx. -2.5 to +2.52024: -0.501 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 Kiribati stood at -0.5014 approx. -2.5 to +2.5.

That represents a change of up 16.4% on the previous year and up 24.8% over ten years.

Over the whole period, regulatory quality - governance estimate in Kiribati peaked at -0.4622 approx. -2.5 to +2.5 in 2004 and was at its lowest, -1.18 approx. -2.5 to +2.5, in 2013.

That places Kiribati 135th out of 204 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s -0.929 approx. -2.5 to +2.5 -1.11 approx. -2.5 to +2.5 -0.4622 approx. -2.5 to +2.5 6
2010s -0.857 approx. -2.5 to +2.5 -1.18 approx. -2.5 to +2.5 -0.5049 approx. -2.5 to +2.5 10
2020s -0.5469 approx. -2.5 to +2.5 -0.5998 approx. -2.5 to +2.5 -0.5014 approx. -2.5 to +2.5 5

Countries ranked near Kiribati

  1. 132 Palestine -0.4676 approx. -2.5 to +2.5 compare
  2. 133 Lesotho -0.4849 approx. -2.5 to +2.5 compare
  3. 134 Egypt -0.4995 approx. -2.5 to +2.5 compare
  4. 136 Kyrgyzstan -0.5167 approx. -2.5 to +2.5 compare
  5. 137 Uganda -0.5243 approx. -2.5 to +2.5 compare
  6. 138 Nauru -0.5245 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Kiribati

All data for Kiribati →

Frequently asked questions

What is regulatory quality - governance estimate in Kiribati?
Regulatory quality - governance estimate in Kiribati was -0.5014 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 Kiribati?
The highest recorded value was -0.4622 approx. -2.5 to +2.5 in 2004.
What is the lowest regulatory quality - governance estimate recorded in Kiribati?
The lowest recorded value was -1.18 approx. -2.5 to +2.5 in 2013.
How does Kiribati rank for regulatory quality - governance estimate?
Kiribati ranks 135th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Kiribati?
Over the last ten years it is up 24.8%. The long-run trend across the full record is rising.
Where does this Kiribati 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.