Regulatory Quality - Governance estimate in Peru

Peru: Regulatory Quality - Governance estimate was 0.0828 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
0.0828 approx. -2.5 to +2.5
Change on year
down 35.9%
World rank
86th
of 204 countries
All-time high
0.5218 approx. -2.5 to +2.5
in 1998
All-time low
-0.1589 approx. -2.5 to +2.5
in 2002
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Peru, 1996–2024

-0.200.20.40.61996201020241996: 0.342 approx. -2.5 to +2.51998: 0.522 approx. -2.5 to +2.52000: 0.207 approx. -2.5 to +2.52002: -0.159 approx. -2.5 to +2.52003: -0.074 approx. -2.5 to +2.52004: 0.069 approx. -2.5 to +2.52005: 0.003 approx. -2.5 to +2.52006: 0.153 approx. -2.5 to +2.52007: 0.228 approx. -2.5 to +2.52008: 0.229 approx. -2.5 to +2.52009: 0.284 approx. -2.5 to +2.52010: 0.31 approx. -2.5 to +2.52011: 0.342 approx. -2.5 to +2.52012: 0.253 approx. -2.5 to +2.52013: 0.234 approx. -2.5 to +2.52014: 0.26 approx. -2.5 to +2.52015: 0.318 approx. -2.5 to +2.52016: 0.322 approx. -2.5 to +2.52017: 0.271 approx. -2.5 to +2.52018: 0.298 approx. -2.5 to +2.52019: 0.345 approx. -2.5 to +2.52020: 0.225 approx. -2.5 to +2.52021: 0.085 approx. -2.5 to +2.52022: 0.072 approx. -2.5 to +2.52023: 0.129 approx. -2.5 to +2.52024: 0.083 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

Peru recorded 0.0828 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

That represents a change of down 35.9% on the previous year and down 68.2% over ten years.

Over the whole period, regulatory quality - governance estimate in Peru peaked at 0.5218 approx. -2.5 to +2.5 in 1998 and was at its lowest, -0.1589 approx. -2.5 to +2.5, in 2002.

Peru ranks 86th 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

DecadeAverage LowestHighest Years
1990s 0.432 approx. -2.5 to +2.5 0.3423 approx. -2.5 to +2.5 0.5218 approx. -2.5 to +2.5 2
2000s 0.1045 approx. -2.5 to +2.5 -0.1589 approx. -2.5 to +2.5 0.2839 approx. -2.5 to +2.5 9
2010s 0.2952 approx. -2.5 to +2.5 0.2335 approx. -2.5 to +2.5 0.345 approx. -2.5 to +2.5 10
2020s 0.1187 approx. -2.5 to +2.5 0.0716 approx. -2.5 to +2.5 0.2251 approx. -2.5 to +2.5 5

Countries ranked near Peru

  1. 83 Thailand 0.1064 approx. -2.5 to +2.5 compare
  2. 84 Saint Vincent and the Grenadines 0.1062 approx. -2.5 to +2.5 compare
  3. 85 Jamaica 0.0909 approx. -2.5 to +2.5 compare
  4. 87 Philippines 0.0793 approx. -2.5 to +2.5 compare
  5. 88 Serbia 0.0784 approx. -2.5 to +2.5 compare
  6. 89 Fiji 0.0651 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Peru

All data for Peru →

Frequently asked questions

What is regulatory quality - governance estimate in Peru?
Regulatory quality - governance estimate in Peru was 0.0828 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 Peru?
The highest recorded value was 0.5218 approx. -2.5 to +2.5 in 1998.
What is the lowest regulatory quality - governance estimate recorded in Peru?
The lowest recorded value was -0.1589 approx. -2.5 to +2.5 in 2002.
How does Peru rank for regulatory quality - governance estimate?
Peru ranks 86th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Peru?
Over the last ten years it is down 68.2%. The long-run trend across the full record is volatile.
Where does this Peru 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.