Regulatory Quality - Governance estimate in Mexico

Mexico: Regulatory Quality - Governance estimate was -0.1958 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
-0.1958 approx. -2.5 to +2.5
Change on year
down 11.2%
World rank
110th
of 204 countries
All-time high
0.543 approx. -2.5 to +2.5
in 2002
All-time low
-0.1958 approx. -2.5 to +2.5
in 2024
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Mexico, 1996–2024

-0.200.20.40.61996201020241996: 0.169 approx. -2.5 to +2.51998: 0.269 approx. -2.5 to +2.52000: 0.266 approx. -2.5 to +2.52002: 0.543 approx. -2.5 to +2.52003: 0.516 approx. -2.5 to +2.52004: 0.385 approx. -2.5 to +2.52005: 0.333 approx. -2.5 to +2.52006: 0.386 approx. -2.5 to +2.52007: 0.36 approx. -2.5 to +2.52008: 0.345 approx. -2.5 to +2.52009: 0.342 approx. -2.5 to +2.52010: 0.116 approx. -2.5 to +2.52011: 0.173 approx. -2.5 to +2.52012: 0.286 approx. -2.5 to +2.52013: 0.286 approx. -2.5 to +2.52014: 0.208 approx. -2.5 to +2.52015: 0.183 approx. -2.5 to +2.52016: 0.161 approx. -2.5 to +2.52017: 0.164 approx. -2.5 to +2.52018: -0.003 approx. -2.5 to +2.52019: -0.042 approx. -2.5 to +2.52020: -0.12 approx. -2.5 to +2.52021: -0.191 approx. -2.5 to +2.52022: -0.156 approx. -2.5 to +2.52023: -0.176 approx. -2.5 to +2.52024: -0.196 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 Mexico stood at -0.1958 approx. -2.5 to +2.5. That is the lowest value across all 26 years on record.

That represents a change of down 11.2% on the previous year and down 194.0% over ten years.

Over the whole period, regulatory quality - governance estimate in Mexico peaked at 0.543 approx. -2.5 to +2.5 in 2002 and was at its lowest, -0.1958 approx. -2.5 to +2.5, in 2024.

That places Mexico 110th 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 0.2191 approx. -2.5 to +2.5 0.1694 approx. -2.5 to +2.5 0.2689 approx. -2.5 to +2.5 2
2000s 0.386 approx. -2.5 to +2.5 0.2656 approx. -2.5 to +2.5 0.543 approx. -2.5 to +2.5 9
2010s 0.1533 approx. -2.5 to +2.5 -0.0418 approx. -2.5 to +2.5 0.2865 approx. -2.5 to +2.5 10
2020s -0.1678 approx. -2.5 to +2.5 -0.1958 approx. -2.5 to +2.5 -0.1197 approx. -2.5 to +2.5 5

Countries ranked near Mexico

  1. 107 Cote d'Ivoire -0.167 approx. -2.5 to +2.5 compare
  2. 108 El Salvador -0.1762 approx. -2.5 to +2.5 compare
  3. 109 Tonga -0.1945 approx. -2.5 to +2.5 compare
  4. 111 Trinidad and Tobago -0.2066 approx. -2.5 to +2.5 compare
  5. 112 Turkey -0.2112 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Mexico

All data for Mexico →

Frequently asked questions

What is regulatory quality - governance estimate in Mexico?
Regulatory quality - governance estimate in Mexico was -0.1958 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 Mexico?
The highest recorded value was 0.543 approx. -2.5 to +2.5 in 2002.
What is the lowest regulatory quality - governance estimate recorded in Mexico?
The lowest recorded value was -0.1958 approx. -2.5 to +2.5 in 2024.
How does Mexico rank for regulatory quality - governance estimate?
Mexico ranks 110th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Mexico?
Over the last ten years it is down 194.0%. The long-run trend across the full record is volatile.
Where does this Mexico 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.