Regulatory Quality - Governance estimate in Marshall Islands
Marshall Islands: Regulatory Quality - Governance estimate was -0.6876 approx. -2.5 to +2.5 in 2024. ▲ Rising
Regulatory Quality - Governance estimate in Marshall Islands, 2005–2024
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
In 2024, regulatory quality - governance estimate in Marshall Islands stood at -0.6876 approx. -2.5 to +2.5.
That represents a change of up 25.0% on the previous year and up 36.9% over ten years.
Over the whole period, regulatory quality - governance estimate in Marshall Islands peaked at -0.5991 approx. -2.5 to +2.5 in 2005 and was at its lowest, -1.1 approx. -2.5 to +2.5, in 2009.
Marshall Islands ranks 152nd of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.8652 approx. -2.5 to +2.5 | -1.1 approx. -2.5 to +2.5 | -0.5991 approx. -2.5 to +2.5 | 5 |
| 2010s | -0.9339 approx. -2.5 to +2.5 | -1.09 approx. -2.5 to +2.5 | -0.7905 approx. -2.5 to +2.5 | 10 |
| 2020s | -0.8616 approx. -2.5 to +2.5 | -0.9175 approx. -2.5 to +2.5 | -0.6876 approx. -2.5 to +2.5 | 5 |
Countries ranked near Marshall Islands
More reference data data for Marshall Islands
- Number of child deaths per woman 0.0801 under-five deaths per woman (2021)
- Fertility rate vs. Human Development Index 2.92 live births per woman (2023)
- Fertility rate: births per woman 2.92 live births per woman (2023)
- Fertility rate: births per woman 2.92 live births per woman (2023)
- Human Development Index 0.733 (2023)
- Rule of Law - Governance estimate 0.8357 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 71.35 0-100 (2024)
- Voice and Accountability - Governance estimate 0.9544 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 73.55 0-100 (2024)
- Political Stability - Governance score 87.71 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Marshall Islands?
- Regulatory quality - governance estimate in Marshall Islands was -0.6876 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 Marshall Islands?
- The highest recorded value was -0.5991 approx. -2.5 to +2.5 in 2005.
- What is the lowest regulatory quality - governance estimate recorded in Marshall Islands?
- The lowest recorded value was -1.1 approx. -2.5 to +2.5 in 2009.
- How does Marshall Islands rank for regulatory quality - governance estimate?
- Marshall Islands ranks 152nd out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Marshall Islands?
- Over the last ten years it is up 36.9%. The long-run trend across the full record is rising.
- Where does this Marshall Islands 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 — 20 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.