Regulatory Quality - Governance estimate in Uruguay
Uruguay: Regulatory Quality - Governance estimate was 0.6468 approx. -2.5 to +2.5 in 2024. ▲ Rising
Regulatory Quality - Governance estimate in Uruguay, 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
Uruguay recorded 0.6468 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.
The figure is down 12.3% on the previous year and down 10.3% over ten years.
Over the whole period, regulatory quality - governance estimate in Uruguay peaked at 0.7567 approx. -2.5 to +2.5 in 2013 and was at its lowest, 0.2545 approx. -2.5 to +2.5, in 2003.
That places Uruguay 51st out of 204 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5569 approx. -2.5 to +2.5 | 0.3941 approx. -2.5 to +2.5 | 0.7198 approx. -2.5 to +2.5 | 2 |
| 2000s | 0.4064 approx. -2.5 to +2.5 | 0.2545 approx. -2.5 to +2.5 | 0.6882 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.6554 approx. -2.5 to +2.5 | 0.5345 approx. -2.5 to +2.5 | 0.7567 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.7084 approx. -2.5 to +2.5 | 0.6468 approx. -2.5 to +2.5 | 0.7376 approx. -2.5 to +2.5 | 5 |
Countries ranked near Uruguay
More reference data data for Uruguay
- Number of child deaths per woman 0.0143 under-five deaths per woman (2024)
- Fertility rate: births per woman 1.41 live births per woman (2023)
- Fertility rate: births per woman 1.41 live births per woman (2023)
- Fertility rate vs. Human Development Index 1.41 live births per woman (2023)
- Human Development Index 0.862 (2023)
- Rule of Law - Governance estimate 0.9506 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 73.32 0-100 (2024)
- Voice and Accountability - Governance estimate 1.23 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 78.34 0-100 (2024)
- Political Stability - Governance score 87.72 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Uruguay?
- Regulatory quality - governance estimate in Uruguay was 0.6468 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 Uruguay?
- The highest recorded value was 0.7567 approx. -2.5 to +2.5 in 2013.
- What is the lowest regulatory quality - governance estimate recorded in Uruguay?
- The lowest recorded value was 0.2545 approx. -2.5 to +2.5 in 2003.
- How does Uruguay rank for regulatory quality - governance estimate?
- Uruguay ranks 51st out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Uruguay?
- Over the last ten years it is down 10.3%. The long-run trend across the full record is rising.
- Where does this Uruguay 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.