Regulatory Quality - Governance estimate in Lithuania

Lithuania: Regulatory Quality - Governance estimate was 1.29 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
1.29 approx. -2.5 to +2.5
Change on year
up 6.5%
World rank
24th
of 204 countries
All-time high
1.29 approx. -2.5 to +2.5
in 2024
All-time low
0.3678 approx. -2.5 to +2.5
in 2000
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Lithuania, 1996–2024

0.40.60.811.21996201020241996: 0.612 approx. -2.5 to +2.51998: 0.556 approx. -2.5 to +2.52000: 0.368 approx. -2.5 to +2.52002: 0.936 approx. -2.5 to +2.52003: 1.2 approx. -2.5 to +2.52004: 1 approx. -2.5 to +2.52005: 1.1 approx. -2.5 to +2.52006: 1.1 approx. -2.5 to +2.52007: 1.1 approx. -2.5 to +2.52008: 1 approx. -2.5 to +2.52009: 0.945 approx. -2.5 to +2.52010: 0.939 approx. -2.5 to +2.52011: 0.914 approx. -2.5 to +2.52012: 1 approx. -2.5 to +2.52013: 1 approx. -2.5 to +2.52014: 1 approx. -2.5 to +2.52015: 1.2 approx. -2.5 to +2.52016: 1.1 approx. -2.5 to +2.52017: 1.1 approx. -2.5 to +2.52018: 1.1 approx. -2.5 to +2.52019: 0.976 approx. -2.5 to +2.52020: 0.896 approx. -2.5 to +2.52021: 1.2 approx. -2.5 to +2.52022: 1.2 approx. -2.5 to +2.52023: 1.2 approx. -2.5 to +2.52024: 1.3 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 Lithuania is 1.29 approx. -2.5 to +2.5, measured in 2024. That is the highest value across all 26 years on record.

The figure is up 6.5% on the previous year and up 27.8% over ten years.

Over the whole period, regulatory quality - governance estimate in Lithuania peaked at 1.29 approx. -2.5 to +2.5 in 2024 and was at its lowest, 0.3678 approx. -2.5 to +2.5, in 2000.

Lithuania ranks 24th of 204 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5838 approx. -2.5 to +2.5 0.5557 approx. -2.5 to +2.5 0.6119 approx. -2.5 to +2.5 2
2000s 0.9727 approx. -2.5 to +2.5 0.3678 approx. -2.5 to +2.5 1.18 approx. -2.5 to +2.5 9
2010s 1.03 approx. -2.5 to +2.5 0.9138 approx. -2.5 to +2.5 1.19 approx. -2.5 to +2.5 10
2020s 1.15 approx. -2.5 to +2.5 0.8964 approx. -2.5 to +2.5 1.29 approx. -2.5 to +2.5 5

Countries ranked near Lithuania

  1. 21 Austria 1.35 approx. -2.5 to +2.5 compare
  2. 22 Iceland 1.33 approx. -2.5 to +2.5 compare
  3. 23 Japan 1.33 approx. -2.5 to +2.5 compare
  4. 25 Belgium 1.24 approx. -2.5 to +2.5 compare
  5. 26 Czechia 1.23 approx. -2.5 to +2.5 compare
  6. 27 France 1.15 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Lithuania

All data for Lithuania →

Frequently asked questions

What is regulatory quality - governance estimate in Lithuania?
Regulatory quality - governance estimate in Lithuania was 1.29 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 Lithuania?
The highest recorded value was 1.29 approx. -2.5 to +2.5 in 2024.
What is the lowest regulatory quality - governance estimate recorded in Lithuania?
The lowest recorded value was 0.3678 approx. -2.5 to +2.5 in 2000.
How does Lithuania rank for regulatory quality - governance estimate?
Lithuania ranks 24th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Lithuania?
Over the last ten years it is up 27.8%. The long-run trend across the full record is rising.
Where does this Lithuania 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.