Regulatory Quality - Governance estimate in Saint Lucia

Saint Lucia: Regulatory Quality - Governance estimate was 0.1818 approx. -2.5 to +2.5 in 2024. ▼ Falling

Latest (2024)
0.1818 approx. -2.5 to +2.5
Change on year
down 15.3%
World rank
76th
of 204 countries
All-time high
0.7189 approx. -2.5 to +2.5
in 2011
All-time low
0.1102 approx. -2.5 to +2.5
in 2004
Years of data
21
2004–2024

Regulatory Quality - Governance estimate in Saint Lucia, 2004–2024

0.20.40.60.82004201420242004: 0.11 approx. -2.5 to +2.52005: 0.643 approx. -2.5 to +2.52006: 0.642 approx. -2.5 to +2.52007: 0.656 approx. -2.5 to +2.52008: 0.473 approx. -2.5 to +2.52009: 0.611 approx. -2.5 to +2.52010: 0.668 approx. -2.5 to +2.52011: 0.719 approx. -2.5 to +2.52012: 0.571 approx. -2.5 to +2.52013: 0.57 approx. -2.5 to +2.52014: 0.424 approx. -2.5 to +2.52015: 0.321 approx. -2.5 to +2.52016: 0.322 approx. -2.5 to +2.52017: 0.29 approx. -2.5 to +2.52018: 0.294 approx. -2.5 to +2.52019: 0.346 approx. -2.5 to +2.52020: 0.285 approx. -2.5 to +2.52021: 0.2 approx. -2.5 to +2.52022: 0.2 approx. -2.5 to +2.52023: 0.215 approx. -2.5 to +2.52024: 0.182 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

Saint Lucia recorded 0.1818 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

That represents a change of down 15.3% on the previous year and down 57.2% over ten years.

Over the whole period, regulatory quality - governance estimate in Saint Lucia peaked at 0.7189 approx. -2.5 to +2.5 in 2011 and was at its lowest, 0.1102 approx. -2.5 to +2.5, in 2004.

That places Saint Lucia 76th 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 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.5226 approx. -2.5 to +2.5 0.1102 approx. -2.5 to +2.5 0.6565 approx. -2.5 to +2.5 6
2010s 0.4525 approx. -2.5 to +2.5 0.2897 approx. -2.5 to +2.5 0.7189 approx. -2.5 to +2.5 10
2020s 0.2162 approx. -2.5 to +2.5 0.1818 approx. -2.5 to +2.5 0.2845 approx. -2.5 to +2.5 5

Countries ranked near Saint Lucia

  1. 73 Rwanda 0.2696 approx. -2.5 to +2.5 compare
  2. 74 North Macedonia 0.2663 approx. -2.5 to +2.5 compare
  3. 75 Dominican Republic 0.2073 approx. -2.5 to +2.5 compare
  4. 77 Armenia 0.138 approx. -2.5 to +2.5 compare
  5. 78 Albania 0.1357 approx. -2.5 to +2.5 compare
  6. 79 Namibia 0.1349 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Saint Lucia

All data for Saint Lucia →

Frequently asked questions

What is regulatory quality - governance estimate in Saint Lucia?
Regulatory quality - governance estimate in Saint Lucia was 0.1818 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 Saint Lucia?
The highest recorded value was 0.7189 approx. -2.5 to +2.5 in 2011.
What is the lowest regulatory quality - governance estimate recorded in Saint Lucia?
The lowest recorded value was 0.1102 approx. -2.5 to +2.5 in 2004.
How does Saint Lucia rank for regulatory quality - governance estimate?
Saint Lucia ranks 76th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Saint Lucia?
Over the last ten years it is down 57.2%. The long-run trend across the full record is falling.
Where does this Saint Lucia 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.