Regulatory Quality - Governance estimate in North Macedonia
North Macedonia: Regulatory Quality - Governance estimate was 0.2663 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in North Macedonia, 1996–2024
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
The most recent figure for regulatory quality - governance estimate in North Macedonia is 0.2663 approx. -2.5 to +2.5, measured in 2024.
Compared with earlier readings it is up 32.1% on the previous year and down 5.0% over ten years.
Over the whole period, regulatory quality - governance estimate in North Macedonia peaked at 0.3988 approx. -2.5 to +2.5 in 2018 and was at its lowest, -0.5755 approx. -2.5 to +2.5, in 1996.
North Macedonia ranks 74th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.5701 approx. -2.5 to +2.5 | -0.5755 approx. -2.5 to +2.5 | -0.5647 approx. -2.5 to +2.5 | 2 |
| 2000s | -0.0957 approx. -2.5 to +2.5 | -0.5209 approx. -2.5 to +2.5 | 0.1964 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.1915 approx. -2.5 to +2.5 | -0.1119 approx. -2.5 to +2.5 | 0.3988 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.2435 approx. -2.5 to +2.5 | 0.2015 approx. -2.5 to +2.5 | 0.3034 approx. -2.5 to +2.5 | 5 |
Countries ranked near North Macedonia
More reference data data for North Macedonia
- Number of child deaths per woman 0.0045 under-five deaths per woman (2024)
- Fertility rate: births per woman 1.47 live births per woman (2023)
- Fertility rate: births per woman 1.47 live births per woman (2023)
- Fertility rate vs. Human Development Index 1.47 live births per woman (2023)
- Human Development Index 0.815 (2023)
- Rule of Law - Governance score 53.09 0-100 (2024)
- Rule of Law - Governance estimate -0.2249 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance estimate 0.0737 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 58.14 0-100 (2024)
- Political Stability - Governance estimate 0.1558 approx. -2.5 to +2.5 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in North Macedonia?
- Regulatory quality - governance estimate in North Macedonia was 0.2663 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 North Macedonia?
- The highest recorded value was 0.3988 approx. -2.5 to +2.5 in 2018.
- What is the lowest regulatory quality - governance estimate recorded in North Macedonia?
- The lowest recorded value was -0.5755 approx. -2.5 to +2.5 in 1996.
- How does North Macedonia rank for regulatory quality - governance estimate?
- North Macedonia ranks 74th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in North Macedonia?
- Over the last ten years it is down 5.0%. The long-run trend across the full record is volatile.
- Where does this North Macedonia 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
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.