Regulatory Quality - Governance estimate in Oman

Oman: Regulatory Quality - Governance estimate was 0.6875 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
0.6875 approx. -2.5 to +2.5
Change on year
up 46.2%
World rank
46th
of 204 countries
All-time high
0.8484 approx. -2.5 to +2.5
in 2010
All-time low
-0.1591 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Oman, 1996–2024

-0.2500.250.50.751996201020241996: -0.159 approx. -2.5 to +2.51998: -0.068 approx. -2.5 to +2.52000: 0.033 approx. -2.5 to +2.52002: 0.717 approx. -2.5 to +2.52003: 0.709 approx. -2.5 to +2.52004: 0.697 approx. -2.5 to +2.52005: 0.769 approx. -2.5 to +2.52006: 0.704 approx. -2.5 to +2.52007: 0.733 approx. -2.5 to +2.52008: 0.831 approx. -2.5 to +2.52009: 0.841 approx. -2.5 to +2.52010: 0.848 approx. -2.5 to +2.52011: 0.74 approx. -2.5 to +2.52012: 0.831 approx. -2.5 to +2.52013: 0.818 approx. -2.5 to +2.52014: 0.776 approx. -2.5 to +2.52015: 0.65 approx. -2.5 to +2.52016: 0.698 approx. -2.5 to +2.52017: 0.708 approx. -2.5 to +2.52018: 0.528 approx. -2.5 to +2.52019: 0.501 approx. -2.5 to +2.52020: 0.472 approx. -2.5 to +2.52021: 0.425 approx. -2.5 to +2.52022: 0.468 approx. -2.5 to +2.52023: 0.47 approx. -2.5 to +2.52024: 0.688 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 Oman stood at 0.6875 approx. -2.5 to +2.5.

That represents a change of up 46.2% on the previous year and down 11.4% over ten years.

Over the whole period, regulatory quality - governance estimate in Oman peaked at 0.8484 approx. -2.5 to +2.5 in 2010 and was at its lowest, -0.1591 approx. -2.5 to +2.5, in 1996.

That places Oman 46th out of 204 countries with data for 2024, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.1136 approx. -2.5 to +2.5 -0.1591 approx. -2.5 to +2.5 -0.068 approx. -2.5 to +2.5 2
2000s 0.6705 approx. -2.5 to +2.5 0.0331 approx. -2.5 to +2.5 0.8408 approx. -2.5 to +2.5 9
2010s 0.7098 approx. -2.5 to +2.5 0.501 approx. -2.5 to +2.5 0.8484 approx. -2.5 to +2.5 10
2020s 0.5046 approx. -2.5 to +2.5 0.4254 approx. -2.5 to +2.5 0.6875 approx. -2.5 to +2.5 5

Countries ranked near Oman

  1. 43 Portugal 0.7402 approx. -2.5 to +2.5 compare
  2. 44 Cyprus 0.7396 approx. -2.5 to +2.5 compare
  3. 45 Saudi Arabia 0.7103 approx. -2.5 to +2.5 compare
  4. 47 Poland 0.6858 approx. -2.5 to +2.5 compare
  5. 48 Malaysia 0.6805 approx. -2.5 to +2.5 compare
  6. 49 Puerto Rico 0.6528 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Oman

All data for Oman →

Frequently asked questions

What is regulatory quality - governance estimate in Oman?
Regulatory quality - governance estimate in Oman was 0.6875 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 Oman?
The highest recorded value was 0.8484 approx. -2.5 to +2.5 in 2010.
What is the lowest regulatory quality - governance estimate recorded in Oman?
The lowest recorded value was -0.1591 approx. -2.5 to +2.5 in 1996.
How does Oman rank for regulatory quality - governance estimate?
Oman ranks 46th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Oman?
Over the last ten years it is down 11.4%. The long-run trend across the full record is rising.
Where does this Oman 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.