Regulatory Quality - Governance estimate in Philippines
Philippines: Regulatory Quality - Governance estimate was 0.0793 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in Philippines, 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
In 2024, regulatory quality - governance estimate in Philippines stood at 0.0793 approx. -2.5 to +2.5.
The figure is up 25.1% on the previous year and up 32.9% over ten years.
Over the whole period, regulatory quality - governance estimate in Philippines peaked at 0.1817 approx. -2.5 to +2.5 in 1998 and was at its lowest, -0.1675 approx. -2.5 to +2.5, in 2002.
That places Philippines 87th 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 |
|---|---|---|---|---|
| 1990s | 0.0847 approx. -2.5 to +2.5 | -0.0123 approx. -2.5 to +2.5 | 0.1817 approx. -2.5 to +2.5 | 2 |
| 2000s | 0.0228 approx. -2.5 to +2.5 | -0.1675 approx. -2.5 to +2.5 | 0.1743 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.0609 approx. -2.5 to +2.5 | -0.0306 approx. -2.5 to +2.5 | 0.1368 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.0353 approx. -2.5 to +2.5 | 0.0048 approx. -2.5 to +2.5 | 0.0793 approx. -2.5 to +2.5 | 5 |
Countries ranked near Philippines
- 84 Saint Vincent and the Grenadines 0.1062 approx. -2.5 to +2.5 compare
- 85 Jamaica 0.0909 approx. -2.5 to +2.5 compare
- 86 Peru 0.0828 approx. -2.5 to +2.5 compare
- 88 Serbia 0.0784 approx. -2.5 to +2.5 compare
- 89 Fiji 0.0651 approx. -2.5 to +2.5 compare
- 90 Dominica 0.0598 approx. -2.5 to +2.5 compare
More reference data data for Philippines
- Number of child deaths per woman 0.0712 under-five deaths per woman (2024)
- Fertility rate vs. Human Development Index 1.92 live births per woman (2023)
- Fertility rate: births per woman 1.92 live births per woman (2023)
- Fertility rate: births per woman 1.92 live births per woman (2023)
- Human Development Index 0.72 (2023)
- Rule of Law - Governance estimate -0.574 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 47.09 0-100 (2024)
- Voice and Accountability - Governance score 50.63 0-100 (2024)
- Voice and Accountability - Governance estimate -0.3554 approx. -2.5 to +2.5 (2024)
- Political Stability - Governance score 52.67 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Philippines?
- Regulatory quality - governance estimate in Philippines was 0.0793 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 Philippines?
- The highest recorded value was 0.1817 approx. -2.5 to +2.5 in 1998.
- What is the lowest regulatory quality - governance estimate recorded in Philippines?
- The lowest recorded value was -0.1675 approx. -2.5 to +2.5 in 2002.
- How does Philippines rank for regulatory quality - governance estimate?
- Philippines ranks 87th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Philippines?
- Over the last ten years it is up 32.9%. The long-run trend across the full record is volatile.
- Where does this Philippines 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.