Regulatory Quality - Governance estimate in Namibia

Namibia: Regulatory Quality - Governance estimate was 0.1349 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
0.1349 approx. -2.5 to +2.5
Change on year
up 55.7%
World rank
79th
of 204 countries
All-time high
0.6657 approx. -2.5 to +2.5
in 2002
All-time low
-0.0013 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Namibia, 1996–2024

00.20.40.61996201020241996: -0.001 approx. -2.5 to +2.51998: 0.256 approx. -2.5 to +2.52000: 0.175 approx. -2.5 to +2.52002: 0.666 approx. -2.5 to +2.52003: 0.507 approx. -2.5 to +2.52004: 0.167 approx. -2.5 to +2.52005: 0.097 approx. -2.5 to +2.52006: 0.181 approx. -2.5 to +2.52007: 0.118 approx. -2.5 to +2.52008: 0.291 approx. -2.5 to +2.52009: 0.324 approx. -2.5 to +2.52010: 0.161 approx. -2.5 to +2.52011: 0.007 approx. -2.5 to +2.52012: 0.179 approx. -2.5 to +2.52013: 0.222 approx. -2.5 to +2.52014: 0.178 approx. -2.5 to +2.52015: 0.244 approx. -2.5 to +2.52016: 0.148 approx. -2.5 to +2.52017: 0.096 approx. -2.5 to +2.52018: 0.063 approx. -2.5 to +2.52019: 0.121 approx. -2.5 to +2.52020: 0.077 approx. -2.5 to +2.52021: 0.149 approx. -2.5 to +2.52022: 0.082 approx. -2.5 to +2.52023: 0.087 approx. -2.5 to +2.52024: 0.135 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 Namibia is 0.1349 approx. -2.5 to +2.5, measured in 2024.

That represents a change of up 55.7% on the previous year and down 24.2% over ten years.

Over the whole period, regulatory quality - governance estimate in Namibia peaked at 0.6657 approx. -2.5 to +2.5 in 2002 and was at its lowest, -0.0013 approx. -2.5 to +2.5, in 1996.

Namibia ranks 79th of 204 countries on this measure, 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 0.1275 approx. -2.5 to +2.5 -0.0013 approx. -2.5 to +2.5 0.2563 approx. -2.5 to +2.5 2
2000s 0.2807 approx. -2.5 to +2.5 0.0969 approx. -2.5 to +2.5 0.6657 approx. -2.5 to +2.5 9
2010s 0.1418 approx. -2.5 to +2.5 0.0071 approx. -2.5 to +2.5 0.2438 approx. -2.5 to +2.5 10
2020s 0.1059 approx. -2.5 to +2.5 0.0768 approx. -2.5 to +2.5 0.1492 approx. -2.5 to +2.5 5

Countries ranked near Namibia

  1. 76 Saint Lucia 0.1818 approx. -2.5 to +2.5 compare
  2. 77 Armenia 0.138 approx. -2.5 to +2.5 compare
  3. 78 Albania 0.1357 approx. -2.5 to +2.5 compare
  4. 80 Azerbaijan 0.1349 approx. -2.5 to +2.5 compare
  5. 81 Montenegro 0.1273 approx. -2.5 to +2.5 compare
  6. 82 Indonesia 0.1247 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Namibia

All data for Namibia →

Frequently asked questions

What is regulatory quality - governance estimate in Namibia?
Regulatory quality - governance estimate in Namibia was 0.1349 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 Namibia?
The highest recorded value was 0.6657 approx. -2.5 to +2.5 in 2002.
What is the lowest regulatory quality - governance estimate recorded in Namibia?
The lowest recorded value was -0.0013 approx. -2.5 to +2.5 in 1996.
How does Namibia rank for regulatory quality - governance estimate?
Namibia ranks 79th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Namibia?
Over the last ten years it is down 24.2%. The long-run trend across the full record is volatile.
Where does this Namibia 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.