Regulatory Quality - Governance estimate in Kuwait

Kuwait: Regulatory Quality - Governance estimate was 0.4035 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
0.4035 approx. -2.5 to +2.5
Change on year
up 25.1%
World rank
63rd
of 204 countries
All-time high
0.4485 approx. -2.5 to +2.5
in 2010
All-time low
-0.5038 approx. -2.5 to +2.5
in 1998
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Kuwait, 1996–2024

-0.6-0.4-0.2-00.20.41996201020241996: -0.116 approx. -2.5 to +2.51998: -0.504 approx. -2.5 to +2.52000: -0.419 approx. -2.5 to +2.52002: 0.149 approx. -2.5 to +2.52003: 0.201 approx. -2.5 to +2.52004: 0.31 approx. -2.5 to +2.52005: 0.411 approx. -2.5 to +2.52006: 0.286 approx. -2.5 to +2.52007: 0.326 approx. -2.5 to +2.52008: 0.373 approx. -2.5 to +2.52009: 0.383 approx. -2.5 to +2.52010: 0.449 approx. -2.5 to +2.52011: 0.286 approx. -2.5 to +2.52012: 0.151 approx. -2.5 to +2.52013: 0.119 approx. -2.5 to +2.52014: -0.065 approx. -2.5 to +2.52015: -0.025 approx. -2.5 to +2.52016: -0.049 approx. -2.5 to +2.52017: -0.031 approx. -2.5 to +2.52018: 0.019 approx. -2.5 to +2.52019: 0.106 approx. -2.5 to +2.52020: 0.136 approx. -2.5 to +2.52021: 0.164 approx. -2.5 to +2.52022: 0.246 approx. -2.5 to +2.52023: 0.322 approx. -2.5 to +2.52024: 0.404 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

The most recent figure for regulatory quality - governance estimate in Kuwait is 0.4035 approx. -2.5 to +2.5, measured in 2024.

The figure is up 25.1% on the previous year and up 720.2% over ten years.

Over the whole period, regulatory quality - governance estimate in Kuwait peaked at 0.4485 approx. -2.5 to +2.5 in 2010 and was at its lowest, -0.5038 approx. -2.5 to +2.5, in 1998.

That places Kuwait 63rd 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 -0.31 approx. -2.5 to +2.5 -0.5038 approx. -2.5 to +2.5 -0.1162 approx. -2.5 to +2.5 2
2000s 0.2244 approx. -2.5 to +2.5 -0.4185 approx. -2.5 to +2.5 0.4106 approx. -2.5 to +2.5 9
2010s 0.0959 approx. -2.5 to +2.5 -0.0651 approx. -2.5 to +2.5 0.4485 approx. -2.5 to +2.5 10
2020s 0.2544 approx. -2.5 to +2.5 0.1356 approx. -2.5 to +2.5 0.4035 approx. -2.5 to +2.5 5

Countries ranked near Kuwait

  1. 60 Greece 0.4797 approx. -2.5 to +2.5 compare
  2. 61 Barbados 0.4405 approx. -2.5 to +2.5 compare
  3. 62 Slovakia 0.4047 approx. -2.5 to +2.5 compare
  4. 64 Botswana 0.4019 approx. -2.5 to +2.5 compare
  5. 65 American Samoa 0.3917 approx. -2.5 to +2.5 compare
  6. 65 Guam 0.3917 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Kuwait

All data for Kuwait →

Frequently asked questions

What is regulatory quality - governance estimate in Kuwait?
Regulatory quality - governance estimate in Kuwait was 0.4035 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 Kuwait?
The highest recorded value was 0.4485 approx. -2.5 to +2.5 in 2010.
What is the lowest regulatory quality - governance estimate recorded in Kuwait?
The lowest recorded value was -0.5038 approx. -2.5 to +2.5 in 1998.
How does Kuwait rank for regulatory quality - governance estimate?
Kuwait ranks 63rd out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Kuwait?
Over the last ten years it is up 720.2%. The long-run trend across the full record is volatile.
Where does this Kuwait 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

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.