Regulatory Quality - Governance estimate in Vanuatu

Vanuatu: Regulatory Quality - Governance estimate was -0.3248 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
-0.3248 approx. -2.5 to +2.5
Change on year
up 20.8%
World rank
123rd
of 204 countries
All-time high
-0.1465 approx. -2.5 to +2.5
in 2004
All-time low
-0.6286 approx. -2.5 to +2.5
in 2008
Years of data
21
2004–2024

Regulatory Quality - Governance estimate in Vanuatu, 2004–2024

-0.6-0.5-0.4-0.3-0.2-0.12004201420242004: -0.146 approx. -2.5 to +2.52005: -0.364 approx. -2.5 to +2.52006: -0.459 approx. -2.5 to +2.52007: -0.464 approx. -2.5 to +2.52008: -0.629 approx. -2.5 to +2.52009: -0.581 approx. -2.5 to +2.52010: -0.612 approx. -2.5 to +2.52011: -0.532 approx. -2.5 to +2.52012: -0.555 approx. -2.5 to +2.52013: -0.392 approx. -2.5 to +2.52014: -0.262 approx. -2.5 to +2.52015: -0.289 approx. -2.5 to +2.52016: -0.346 approx. -2.5 to +2.52017: -0.345 approx. -2.5 to +2.52018: -0.447 approx. -2.5 to +2.52019: -0.367 approx. -2.5 to +2.52020: -0.422 approx. -2.5 to +2.52021: -0.432 approx. -2.5 to +2.52022: -0.418 approx. -2.5 to +2.52023: -0.41 approx. -2.5 to +2.52024: -0.325 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

In 2024, regulatory quality - governance estimate in Vanuatu stood at -0.3248 approx. -2.5 to +2.5.

Compared with earlier readings it is up 20.8% on the previous year and down 24.0% over ten years.

Over the whole period, regulatory quality - governance estimate in Vanuatu peaked at -0.1465 approx. -2.5 to +2.5 in 2004 and was at its lowest, -0.6286 approx. -2.5 to +2.5, in 2008.

That places Vanuatu 123rd out of 204 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s -0.4405 approx. -2.5 to +2.5 -0.6286 approx. -2.5 to +2.5 -0.1465 approx. -2.5 to +2.5 6
2010s -0.4147 approx. -2.5 to +2.5 -0.6116 approx. -2.5 to +2.5 -0.2619 approx. -2.5 to +2.5 10
2020s -0.4013 approx. -2.5 to +2.5 -0.4321 approx. -2.5 to +2.5 -0.3248 approx. -2.5 to +2.5 5

Countries ranked near Vanuatu

  1. 120 Sri Lanka -0.2992 approx. -2.5 to +2.5 compare
  2. 121 Ukraine -0.3009 approx. -2.5 to +2.5 compare
  3. 122 Guatemala -0.3094 approx. -2.5 to +2.5 compare
  4. 124 Kenya -0.3336 approx. -2.5 to +2.5 compare
  5. 125 Bosnia and Herzegovina -0.3498 approx. -2.5 to +2.5 compare
  6. 126 Tunisia -0.3901 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Vanuatu

All data for Vanuatu →

Frequently asked questions

What is regulatory quality - governance estimate in Vanuatu?
Regulatory quality - governance estimate in Vanuatu was -0.3248 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 Vanuatu?
The highest recorded value was -0.1465 approx. -2.5 to +2.5 in 2004.
What is the lowest regulatory quality - governance estimate recorded in Vanuatu?
The lowest recorded value was -0.6286 approx. -2.5 to +2.5 in 2008.
How does Vanuatu rank for regulatory quality - governance estimate?
Vanuatu ranks 123rd out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Vanuatu?
Over the last ten years it is down 24.0%. The long-run trend across the full record is rising.
Where does this Vanuatu 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.