Regulatory Quality - Governance estimate in Laos
Laos: Regulatory Quality - Governance estimate was -0.636 approx. -2.5 to +2.5 in 2024. ▲ Rising
Regulatory Quality - Governance estimate in Laos, 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
Laos recorded -0.636 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 17.4% on the previous year and up 14.7% over ten years.
Over the whole period, regulatory quality - governance estimate in Laos peaked at -0.636 approx. -2.5 to +2.5 in 2024 and was at its lowest, -1.49 approx. -2.5 to +2.5, in 2000.
Laos ranks 148th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.38 approx. -2.5 to +2.5 | -1.39 approx. -2.5 to +2.5 | -1.37 approx. -2.5 to +2.5 | 2 |
| 2000s | -1.25 approx. -2.5 to +2.5 | -1.49 approx. -2.5 to +2.5 | -1.02 approx. -2.5 to +2.5 | 9 |
| 2010s | -0.7841 approx. -2.5 to +2.5 | -0.9484 approx. -2.5 to +2.5 | -0.6653 approx. -2.5 to +2.5 | 10 |
| 2020s | -0.7485 approx. -2.5 to +2.5 | -0.8189 approx. -2.5 to +2.5 | -0.636 approx. -2.5 to +2.5 | 5 |
Countries ranked near Laos
More reference data data for Laos
- Number of child deaths per woman 0.0687 under-five deaths per woman (2024)
- Fertility rate vs. Human Development Index 2.42 live births per woman (2023)
- Fertility rate: births per woman 2.42 live births per woman (2023)
- Fertility rate: births per woman 2.42 live births per woman (2023)
- Human Development Index 0.617 (2023)
- Rule of Law - Governance estimate -0.7424 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 44.19 0-100 (2024)
- Voice and Accountability - Governance estimate -1.47 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 31.1 0-100 (2024)
- Political Stability - Governance score 75.42 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Laos?
- Regulatory quality - governance estimate in Laos was -0.636 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 Laos?
- The highest recorded value was -0.636 approx. -2.5 to +2.5 in 2024.
- What is the lowest regulatory quality - governance estimate recorded in Laos?
- The lowest recorded value was -1.49 approx. -2.5 to +2.5 in 2000.
- How does Laos rank for regulatory quality - governance estimate?
- Laos ranks 148th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Laos?
- Over the last ten years it is up 14.7%. The long-run trend across the full record is rising.
- Where does this Laos 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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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.