Regulatory Quality - Governance estimate in Nepal

Nepal: Regulatory Quality - Governance estimate was -0.5523 approx. -2.5 to +2.5 in 2024. ▬ Flat

Latest (2024)
-0.5523 approx. -2.5 to +2.5
Change on year
up 9.0%
World rank
142nd
of 204 countries
All-time high
-0.4938 approx. -2.5 to +2.5
in 2005
All-time low
-0.8355 approx. -2.5 to +2.5
in 2010
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Nepal, 1996–2024

-0.8-0.7-0.6-0.51996201020241996: -0.639 approx. -2.5 to +2.51998: -0.617 approx. -2.5 to +2.52000: -0.739 approx. -2.5 to +2.52002: -0.618 approx. -2.5 to +2.52003: -0.69 approx. -2.5 to +2.52004: -0.605 approx. -2.5 to +2.52005: -0.494 approx. -2.5 to +2.52006: -0.514 approx. -2.5 to +2.52007: -0.504 approx. -2.5 to +2.52008: -0.642 approx. -2.5 to +2.52009: -0.729 approx. -2.5 to +2.52010: -0.836 approx. -2.5 to +2.52011: -0.807 approx. -2.5 to +2.52012: -0.793 approx. -2.5 to +2.52013: -0.814 approx. -2.5 to +2.52014: -0.717 approx. -2.5 to +2.52015: -0.699 approx. -2.5 to +2.52016: -0.648 approx. -2.5 to +2.52017: -0.657 approx. -2.5 to +2.52018: -0.592 approx. -2.5 to +2.52019: -0.573 approx. -2.5 to +2.52020: -0.664 approx. -2.5 to +2.52021: -0.638 approx. -2.5 to +2.52022: -0.597 approx. -2.5 to +2.52023: -0.607 approx. -2.5 to +2.52024: -0.552 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 Nepal stood at -0.5523 approx. -2.5 to +2.5.

Compared with earlier readings it is up 9.0% on the previous year and up 22.9% over ten years.

Over the whole period, regulatory quality - governance estimate in Nepal peaked at -0.4938 approx. -2.5 to +2.5 in 2005 and was at its lowest, -0.8355 approx. -2.5 to +2.5, in 2010.

That places Nepal 142nd out of 204 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.6278 approx. -2.5 to +2.5 -0.6389 approx. -2.5 to +2.5 -0.6166 approx. -2.5 to +2.5 2
2000s -0.615 approx. -2.5 to +2.5 -0.7389 approx. -2.5 to +2.5 -0.4938 approx. -2.5 to +2.5 9
2010s -0.7135 approx. -2.5 to +2.5 -0.8355 approx. -2.5 to +2.5 -0.5734 approx. -2.5 to +2.5 10
2020s -0.6116 approx. -2.5 to +2.5 -0.664 approx. -2.5 to +2.5 -0.5523 approx. -2.5 to +2.5 5

Countries ranked near Nepal

  1. 139 Burkina Faso -0.5256 approx. -2.5 to +2.5 compare
  2. 140 Uzbekistan -0.5267 approx. -2.5 to +2.5 compare
  3. 141 Tanzania -0.5354 approx. -2.5 to +2.5 compare
  4. 143 Malawi -0.585 approx. -2.5 to +2.5 compare
  5. 144 Papua New Guinea -0.6004 approx. -2.5 to +2.5 compare
  6. 145 Honduras -0.628 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Nepal

All data for Nepal →

Frequently asked questions

What is regulatory quality - governance estimate in Nepal?
Regulatory quality - governance estimate in Nepal was -0.5523 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 Nepal?
The highest recorded value was -0.4938 approx. -2.5 to +2.5 in 2005.
What is the lowest regulatory quality - governance estimate recorded in Nepal?
The lowest recorded value was -0.8355 approx. -2.5 to +2.5 in 2010.
How does Nepal rank for regulatory quality - governance estimate?
Nepal ranks 142nd out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Nepal?
Over the last ten years it is up 22.9%. The long-run trend across the full record is flat.
Where does this Nepal 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 — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.