Regulatory Quality - Governance estimate in Monaco
Monaco: Regulatory Quality - Governance estimate was 1.1 approx. -2.5 to +2.5 in 2024. ▼ Falling
Regulatory Quality - Governance estimate in Monaco, 2015–2024
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 Monaco stood at 1.1 approx. -2.5 to +2.5. That is the lowest value across all 10 years on record.
The figure is down 17.6% on the previous year and down 17.8% over ten years.
Over the whole period, regulatory quality - governance estimate in Monaco peaked at 1.35 approx. -2.5 to +2.5 in 2019 and was at its lowest, 1.1 approx. -2.5 to +2.5, in 2024.
Monaco ranks 30th of 204 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.35 approx. -2.5 to +2.5 | 1.34 approx. -2.5 to +2.5 | 1.35 approx. -2.5 to +2.5 | 5 |
| 2020s | 1.29 approx. -2.5 to +2.5 | 1.1 approx. -2.5 to +2.5 | 1.34 approx. -2.5 to +2.5 | 5 |
Countries ranked near Monaco
- 27 France 1.15 approx. -2.5 to +2.5 compare
- 28 United Arab Emirates 1.13 approx. -2.5 to +2.5 compare
- 29 Israel 1.11 approx. -2.5 to +2.5 compare
- 30 United States Virgin Islands 1.1 approx. -2.5 to +2.5 compare
- 32 Latvia 1.1 approx. -2.5 to +2.5 compare
- 33 Cayman Islands 1.07 approx. -2.5 to +2.5 compare
More reference data data for Monaco
- Number of child deaths per woman 0.0062 under-five deaths per woman (2021)
- Fertility rate vs. Human Development Index 2.11 live births per woman (2023)
- Fertility rate: births per woman 2.11 live births per woman (2023)
- Fertility rate: births per woman 2.11 live births per woman (2023)
- Rule of Law - Governance estimate 1.35 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 80.12 0-100 (2024)
- Voice and Accountability - Governance score 71.5 0-100 (2024)
- Voice and Accountability - Governance estimate 0.8368 approx. -2.5 to +2.5 (2024)
- Political Stability - Governance score 87.05 0-100 (2024)
- Political Stability - Governance estimate 1.24 approx. -2.5 to +2.5 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Monaco?
- Regulatory quality - governance estimate in Monaco was 1.1 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 Monaco?
- The highest recorded value was 1.35 approx. -2.5 to +2.5 in 2019.
- What is the lowest regulatory quality - governance estimate recorded in Monaco?
- The lowest recorded value was 1.1 approx. -2.5 to +2.5 in 2024.
- How does Monaco rank for regulatory quality - governance estimate?
- Monaco ranks 30th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Monaco?
- Over the last ten years it is down 17.8%. The long-run trend across the full record is falling.
- Where does this Monaco 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 — 10 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.