Regulatory Quality - Governance estimate in Spain
Spain: Regulatory Quality - Governance estimate was 0.6208 approx. -2.5 to +2.5 in 2024. ▼ Falling
Regulatory Quality - Governance estimate in Spain, 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 Spain stood at 0.6208 approx. -2.5 to +2.5. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 10.6% on the previous year and down 10.9% over ten years.
Over the whole period, regulatory quality - governance estimate in Spain peaked at 1.47 approx. -2.5 to +2.5 in 2002 and was at its lowest, 0.6208 approx. -2.5 to +2.5, in 2024.
That places Spain 55th out of 204 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.08 approx. -2.5 to +2.5 | 0.8897 approx. -2.5 to +2.5 | 1.27 approx. -2.5 to +2.5 | 2 |
| 2000s | 1.32 approx. -2.5 to +2.5 | 1.11 approx. -2.5 to +2.5 | 1.47 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.8988 approx. -2.5 to +2.5 | 0.6969 approx. -2.5 to +2.5 | 1.1 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.7824 approx. -2.5 to +2.5 | 0.6208 approx. -2.5 to +2.5 | 0.9212 approx. -2.5 to +2.5 | 5 |
Countries ranked near Spain
More reference data data for Spain
- Number of child deaths per woman 0.0047 under-five deaths per woman (2024)
- Fertility rate: births per woman 1.21 live births per woman (2023)
- Fertility rate: births per woman 1.21 live births per woman (2023)
- Fertility rate vs. Human Development Index 1.21 live births per woman (2023)
- Human Development Index 0.918 (2023)
- Rule of Law - Governance estimate 0.9318 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 73 0-100 (2024)
- Voice and Accountability - Governance estimate 1.15 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 76.95 0-100 (2024)
- Political Stability - Governance score 65.84 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Spain?
- Regulatory quality - governance estimate in Spain was 0.6208 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 Spain?
- The highest recorded value was 1.47 approx. -2.5 to +2.5 in 2002.
- What is the lowest regulatory quality - governance estimate recorded in Spain?
- The lowest recorded value was 0.6208 approx. -2.5 to +2.5 in 2024.
- How does Spain rank for regulatory quality - governance estimate?
- Spain ranks 55th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Spain?
- Over the last ten years it is down 10.9%. The long-run trend across the full record is falling.
- Where does this Spain 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.