Regulatory Quality - Governance estimate in Norway

Norway: Regulatory Quality - Governance estimate was 1.67 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
1.67 approx. -2.5 to +2.5
Change on year
up 2.2%
World rank
12th
of 204 countries
All-time high
1.91 approx. -2.5 to +2.5
in 2013
All-time low
1.24 approx. -2.5 to +2.5
in 2000
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Norway, 1996–2024

00.511.521996201020241996: 1.4 approx. -2.5 to +2.51998: 1.3 approx. -2.5 to +2.52000: 1.2 approx. -2.5 to +2.52002: 1.4 approx. -2.5 to +2.52003: 1.4 approx. -2.5 to +2.52004: 1.6 approx. -2.5 to +2.52005: 1.6 approx. -2.5 to +2.52006: 1.5 approx. -2.5 to +2.52007: 1.6 approx. -2.5 to +2.52008: 1.6 approx. -2.5 to +2.52009: 1.6 approx. -2.5 to +2.52010: 1.6 approx. -2.5 to +2.52011: 1.8 approx. -2.5 to +2.52012: 1.8 approx. -2.5 to +2.52013: 1.9 approx. -2.5 to +2.52014: 1.8 approx. -2.5 to +2.52015: 1.8 approx. -2.5 to +2.52016: 1.8 approx. -2.5 to +2.52017: 1.8 approx. -2.5 to +2.52018: 1.8 approx. -2.5 to +2.52019: 1.8 approx. -2.5 to +2.52020: 1.7 approx. -2.5 to +2.52021: 1.6 approx. -2.5 to +2.52022: 1.6 approx. -2.5 to +2.52023: 1.6 approx. -2.5 to +2.52024: 1.7 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 Norway is 1.67 approx. -2.5 to +2.5, measured in 2024.

The figure is up 2.2% on the previous year and down 5.4% over ten years.

Over the whole period, regulatory quality - governance estimate in Norway peaked at 1.91 approx. -2.5 to +2.5 in 2013 and was at its lowest, 1.24 approx. -2.5 to +2.5, in 2000.

Norway ranks 12th of 204 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.35 approx. -2.5 to +2.5 1.34 approx. -2.5 to +2.5 1.36 approx. -2.5 to +2.5 2
2000s 1.51 approx. -2.5 to +2.5 1.24 approx. -2.5 to +2.5 1.64 approx. -2.5 to +2.5 9
2010s 1.79 approx. -2.5 to +2.5 1.64 approx. -2.5 to +2.5 1.91 approx. -2.5 to +2.5 10
2020s 1.65 approx. -2.5 to +2.5 1.57 approx. -2.5 to +2.5 1.7 approx. -2.5 to +2.5 5

Countries ranked near Norway

  1. 9 Australia 1.72 approx. -2.5 to +2.5 compare
  2. 10 Netherlands 1.72 approx. -2.5 to +2.5 compare
  3. 11 Sweden 1.67 approx. -2.5 to +2.5 compare
  4. 13 Liechtenstein 1.54 approx. -2.5 to +2.5 compare
  5. 14 United Kingdom 1.51 approx. -2.5 to +2.5 compare
  6. 15 Greenland 1.5 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Norway

All data for Norway →

Frequently asked questions

What is regulatory quality - governance estimate in Norway?
Regulatory quality - governance estimate in Norway was 1.67 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 Norway?
The highest recorded value was 1.91 approx. -2.5 to +2.5 in 2013.
What is the lowest regulatory quality - governance estimate recorded in Norway?
The lowest recorded value was 1.24 approx. -2.5 to +2.5 in 2000.
How does Norway rank for regulatory quality - governance estimate?
Norway ranks 12th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Norway?
Over the last ten years it is down 5.4%. The long-run trend across the full record is rising.
Where does this Norway 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 — 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.