Regulatory Quality - Governance estimate in Russia

Russia: Regulatory Quality - Governance estimate was -1.07 approx. -2.5 to +2.5 in 2024. ▼ Falling

Latest (2024)
-1.07 approx. -2.5 to +2.5
Change on year
down 20.2%
World rank
179th
of 204 countries
All-time high
-0.1538 approx. -2.5 to +2.5
in 2004
All-time low
-1.07 approx. -2.5 to +2.5
in 2024
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Russia, 1996–2024

-1-0.8-0.6-0.4-0.21996201020241996: -0.638 approx. -2.5 to +2.51998: -0.803 approx. -2.5 to +2.52000: -0.783 approx. -2.5 to +2.52002: -0.371 approx. -2.5 to +2.52003: -0.314 approx. -2.5 to +2.52004: -0.154 approx. -2.5 to +2.52005: -0.234 approx. -2.5 to +2.52006: -0.314 approx. -2.5 to +2.52007: -0.159 approx. -2.5 to +2.52008: -0.297 approx. -2.5 to +2.52009: -0.341 approx. -2.5 to +2.52010: -0.362 approx. -2.5 to +2.52011: -0.381 approx. -2.5 to +2.52012: -0.432 approx. -2.5 to +2.52013: -0.406 approx. -2.5 to +2.52014: -0.45 approx. -2.5 to +2.52015: -0.516 approx. -2.5 to +2.52016: -0.424 approx. -2.5 to +2.52017: -0.397 approx. -2.5 to +2.52018: -0.358 approx. -2.5 to +2.52019: -0.354 approx. -2.5 to +2.52020: -0.445 approx. -2.5 to +2.52021: -0.372 approx. -2.5 to +2.52022: -0.892 approx. -2.5 to +2.52023: -0.889 approx. -2.5 to +2.52024: -1.1 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 Russia is -1.07 approx. -2.5 to +2.5, measured in 2024. That is the lowest value across all 26 years on record.

The figure is down 20.2% on the previous year and down 137.3% over ten years.

Over the whole period, regulatory quality - governance estimate in Russia peaked at -0.1538 approx. -2.5 to +2.5 in 2004 and was at its lowest, -1.07 approx. -2.5 to +2.5, in 2024.

That places Russia 179th out of 204 countries with data for 2024, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.7208 approx. -2.5 to +2.5 -0.8034 approx. -2.5 to +2.5 -0.6383 approx. -2.5 to +2.5 2
2000s -0.3296 approx. -2.5 to +2.5 -0.7831 approx. -2.5 to +2.5 -0.1538 approx. -2.5 to +2.5 9
2010s -0.4079 approx. -2.5 to +2.5 -0.5155 approx. -2.5 to +2.5 -0.3542 approx. -2.5 to +2.5 10
2020s -0.7332 approx. -2.5 to +2.5 -1.07 approx. -2.5 to +2.5 -0.372 approx. -2.5 to +2.5 5

Countries ranked near Russia

  1. 176 Nicaragua -0.991 approx. -2.5 to +2.5 compare
  2. 177 Iraq -1.03 approx. -2.5 to +2.5 compare
  3. 178 Sierra Leone -1.06 approx. -2.5 to +2.5 compare
  4. 180 Chad -1.09 approx. -2.5 to +2.5 compare
  5. 181 Congo -1.15 approx. -2.5 to +2.5 compare
  6. 182 Zimbabwe -1.18 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Russia

All data for Russia →

Frequently asked questions

What is regulatory quality - governance estimate in Russia?
Regulatory quality - governance estimate in Russia was -1.07 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 Russia?
The highest recorded value was -0.1538 approx. -2.5 to +2.5 in 2004.
What is the lowest regulatory quality - governance estimate recorded in Russia?
The lowest recorded value was -1.07 approx. -2.5 to +2.5 in 2024.
How does Russia rank for regulatory quality - governance estimate?
Russia ranks 179th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Russia?
Over the last ten years it is down 137.3%. The long-run trend across the full record is falling.
Where does this Russia 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.