Regulatory Quality - Governance estimate in Saudi Arabia
Saudi Arabia: Regulatory Quality - Governance estimate was 0.7103 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in Saudi Arabia, 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
The most recent figure for regulatory quality - governance estimate in Saudi Arabia is 0.7103 approx. -2.5 to +2.5, measured in 2024. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 16.4% on the previous year and up 264.9% over ten years.
Over the whole period, regulatory quality - governance estimate in Saudi Arabia peaked at 0.7103 approx. -2.5 to +2.5 in 2024 and was at its lowest, -0.362 approx. -2.5 to +2.5, in 1996.
Saudi Arabia ranks 45th of 204 countries on this measure, in the top quarter.
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 | -0.3157 approx. -2.5 to +2.5 | -0.362 approx. -2.5 to +2.5 | -0.2693 approx. -2.5 to +2.5 | 2 |
| 2000s | -0.0094 approx. -2.5 to +2.5 | -0.2456 approx. -2.5 to +2.5 | 0.2717 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.2234 approx. -2.5 to +2.5 | 0.0805 approx. -2.5 to +2.5 | 0.3943 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.4871 approx. -2.5 to +2.5 | 0.1732 approx. -2.5 to +2.5 | 0.7103 approx. -2.5 to +2.5 | 5 |
Countries ranked near Saudi Arabia
More reference data data for Saudi Arabia
- Number of child deaths per woman 0.0133 under-five deaths per woman (2024)
- Fertility rate: births per woman 2.28 live births per woman (2023)
- Fertility rate: births per woman 2.28 live births per woman (2023)
- Fertility rate vs. Human Development Index 2.28 live births per woman (2023)
- Human Development Index 0.9 (2023)
- Rule of Law - Governance estimate 0.2104 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 60.59 0-100 (2024)
- Voice and Accountability - Governance estimate -1.55 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 29.77 0-100 (2024)
- Political Stability - Governance score 65.07 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Saudi Arabia?
- Regulatory quality - governance estimate in Saudi Arabia was 0.7103 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 Saudi Arabia?
- The highest recorded value was 0.7103 approx. -2.5 to +2.5 in 2024.
- What is the lowest regulatory quality - governance estimate recorded in Saudi Arabia?
- The lowest recorded value was -0.362 approx. -2.5 to +2.5 in 1996.
- How does Saudi Arabia rank for regulatory quality - governance estimate?
- Saudi Arabia ranks 45th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Saudi Arabia?
- Over the last ten years it is up 264.9%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia 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 — 26 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.