Regulatory Quality - Governance estimate in Thailand
Thailand: Regulatory Quality - Governance estimate was 0.1064 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in Thailand, 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 Thailand is 0.1064 approx. -2.5 to +2.5, measured in 2024.
The figure is down 10.6% on the previous year and down 33.4% over ten years.
Over the whole period, regulatory quality - governance estimate in Thailand peaked at 0.3294 approx. -2.5 to +2.5 in 2000 and was at its lowest, -0.1242 approx. -2.5 to +2.5, in 1998.
That places Thailand 83rd 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 | -0.0908 approx. -2.5 to +2.5 | -0.1242 approx. -2.5 to +2.5 | -0.0575 approx. -2.5 to +2.5 | 2 |
| 2000s | 0.2148 approx. -2.5 to +2.5 | 0.0999 approx. -2.5 to +2.5 | 0.3294 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.1552 approx. -2.5 to +2.5 | 0.0807 approx. -2.5 to +2.5 | 0.2103 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.1056 approx. -2.5 to +2.5 | 0.0859 approx. -2.5 to +2.5 | 0.119 approx. -2.5 to +2.5 | 5 |
Countries ranked near Thailand
- 80 Azerbaijan 0.1349 approx. -2.5 to +2.5 compare
- 81 Montenegro 0.1273 approx. -2.5 to +2.5 compare
- 82 Indonesia 0.1247 approx. -2.5 to +2.5 compare
- 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
More reference data data for Thailand
- Number of child deaths per woman 0.0127 under-five deaths per woman (2024)
- Fertility rate vs. Human Development Index 1.21 live births per woman (2023)
- Fertility rate: births per woman 1.21 live births per woman (2023)
- Fertility rate: births per woman 1.21 live births per woman (2023)
- Human Development Index 0.798 (2023)
- Rule of Law - Governance estimate -0.2155 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 53.26 0-100 (2024)
- Voice and Accountability - Governance score 47.05 0-100 (2024)
- Voice and Accountability - Governance estimate -0.5598 approx. -2.5 to +2.5 (2024)
- Political Stability - Governance score 54.22 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Thailand?
- Regulatory quality - governance estimate in Thailand was 0.1064 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 Thailand?
- The highest recorded value was 0.3294 approx. -2.5 to +2.5 in 2000.
- What is the lowest regulatory quality - governance estimate recorded in Thailand?
- The lowest recorded value was -0.1242 approx. -2.5 to +2.5 in 1998.
- How does Thailand rank for regulatory quality - governance estimate?
- Thailand ranks 83rd out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Thailand?
- Over the last ten years it is down 33.4%. The long-run trend across the full record is volatile.
- Where does this Thailand 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.