Regulatory Quality - Governance estimate in Liberia

Liberia: Regulatory Quality - Governance estimate was -0.8418 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
-0.8418 approx. -2.5 to +2.5
Change on year
up 7.0%
World rank
168th
of 204 countries
All-time high
-0.79 approx. -2.5 to +2.5
in 2015
All-time low
-2.41 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Liberia, 1996–2024

-2.5-2-1.5-11996201020241996: -2.4 approx. -2.5 to +2.51998: -2.2 approx. -2.5 to +2.52000: -2.2 approx. -2.5 to +2.52002: -2 approx. -2.5 to +2.52003: -2.1 approx. -2.5 to +2.52004: -1.8 approx. -2.5 to +2.52005: -1.7 approx. -2.5 to +2.52006: -1.3 approx. -2.5 to +2.52007: -1.3 approx. -2.5 to +2.52008: -1.2 approx. -2.5 to +2.52009: -1.1 approx. -2.5 to +2.52010: -1.1 approx. -2.5 to +2.52011: -1.2 approx. -2.5 to +2.52012: -1.1 approx. -2.5 to +2.52013: -1.1 approx. -2.5 to +2.52014: -0.827 approx. -2.5 to +2.52015: -0.79 approx. -2.5 to +2.52016: -0.865 approx. -2.5 to +2.52017: -0.86 approx. -2.5 to +2.52018: -0.864 approx. -2.5 to +2.52019: -0.935 approx. -2.5 to +2.52020: -0.96 approx. -2.5 to +2.52021: -0.946 approx. -2.5 to +2.52022: -0.967 approx. -2.5 to +2.52023: -0.905 approx. -2.5 to +2.52024: -0.842 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 Liberia stood at -0.8418 approx. -2.5 to +2.5.

The figure is up 7.0% on the previous year and down 1.8% over ten years.

Over the whole period, regulatory quality - governance estimate in Liberia peaked at -0.79 approx. -2.5 to +2.5 in 2015 and was at its lowest, -2.41 approx. -2.5 to +2.5, in 1996.

That places Liberia 168th out of 204 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s -2.31 approx. -2.5 to +2.5 -2.41 approx. -2.5 to +2.5 -2.21 approx. -2.5 to +2.5 2
2000s -1.65 approx. -2.5 to +2.5 -2.21 approx. -2.5 to +2.5 -1.13 approx. -2.5 to +2.5 9
2010s -0.9488 approx. -2.5 to +2.5 -1.18 approx. -2.5 to +2.5 -0.79 approx. -2.5 to +2.5 10
2020s -0.9239 approx. -2.5 to +2.5 -0.967 approx. -2.5 to +2.5 -0.8418 approx. -2.5 to +2.5 5

Countries ranked near Liberia

  1. 165 Pakistan -0.7928 approx. -2.5 to +2.5 compare
  2. 166 Burundi -0.8139 approx. -2.5 to +2.5 compare
  3. 167 Ethiopia -0.8332 approx. -2.5 to +2.5 compare
  4. 169 Djibouti -0.8528 approx. -2.5 to +2.5 compare
  5. 170 Solomon Islands -0.8885 approx. -2.5 to +2.5 compare
  6. 171 Sao Tome and Principe -0.8909 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Liberia

All data for Liberia →

Frequently asked questions

What is regulatory quality - governance estimate in Liberia?
Regulatory quality - governance estimate in Liberia was -0.8418 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 Liberia?
The highest recorded value was -0.79 approx. -2.5 to +2.5 in 2015.
What is the lowest regulatory quality - governance estimate recorded in Liberia?
The lowest recorded value was -2.41 approx. -2.5 to +2.5 in 1996.
How does Liberia rank for regulatory quality - governance estimate?
Liberia ranks 168th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Liberia?
Over the last ten years it is down 1.8%. The long-run trend across the full record is rising.
Where does this Liberia 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.