Regulatory Quality - Governance estimate in Palau
Palau: Regulatory Quality - Governance estimate was 0.4812 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in Palau, 2008–2024
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
Palau recorded 0.4812 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 21.9% on the previous year and up 192.8% over ten years.
Over the whole period, regulatory quality - governance estimate in Palau peaked at 0.4812 approx. -2.5 to +2.5 in 2024 and was at its lowest, -0.7486 approx. -2.5 to +2.5, in 2009.
That places Palau 58th out of 204 countries with data for 2024, putting it 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 |
|---|---|---|---|---|
| 2000s | -0.743 approx. -2.5 to +2.5 | -0.7486 approx. -2.5 to +2.5 | -0.7374 approx. -2.5 to +2.5 | 2 |
| 2010s | -0.0948 approx. -2.5 to +2.5 | -0.7482 approx. -2.5 to +2.5 | 0.4055 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.414 approx. -2.5 to +2.5 | 0.3941 approx. -2.5 to +2.5 | 0.4812 approx. -2.5 to +2.5 | 5 |
Countries ranked near Palau
More reference data data for Palau
- Number of child deaths per woman 0.0547 under-five deaths per woman (2021)
- Fertility rate vs. Human Development Index 1.91 live births per woman (2023)
- Fertility rate: births per woman 1.91 live births per woman (2023)
- Fertility rate: births per woman 1.91 live births per woman (2023)
- Human Development Index 0.786 (2023)
- Rule of Law - Governance estimate 1.17 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 77.12 0-100 (2024)
- Voice and Accountability - Governance estimate 1.04 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 75 0-100 (2024)
- Political Stability - Governance score 87.05 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Palau?
- Regulatory quality - governance estimate in Palau was 0.4812 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 Palau?
- The highest recorded value was 0.4812 approx. -2.5 to +2.5 in 2024.
- What is the lowest regulatory quality - governance estimate recorded in Palau?
- The lowest recorded value was -0.7486 approx. -2.5 to +2.5 in 2009.
- How does Palau rank for regulatory quality - governance estimate?
- Palau ranks 58th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Palau?
- Over the last ten years it is up 192.8%. The long-run trend across the full record is volatile.
- Where does this Palau 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 — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.