Regulatory Quality - Governance estimate in Vietnam
Vietnam: Regulatory Quality - Governance estimate was -0.2668 approx. -2.5 to +2.5 in 2024. ▲ Rising
Regulatory Quality - Governance estimate in Vietnam, 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
Vietnam recorded -0.2668 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.
Compared with earlier readings it is up 4.5% on the previous year and up 45.2% over ten years.
Over the whole period, regulatory quality - governance estimate in Vietnam peaked at -0.2359 approx. -2.5 to +2.5 in 2020 and was at its lowest, -0.8342 approx. -2.5 to +2.5, in 2002.
Vietnam ranks 117th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.7957 approx. -2.5 to +2.5 | -0.8114 approx. -2.5 to +2.5 | -0.78 approx. -2.5 to +2.5 | 2 |
| 2000s | -0.5772 approx. -2.5 to +2.5 | -0.8342 approx. -2.5 to +2.5 | -0.4323 approx. -2.5 to +2.5 | 9 |
| 2010s | -0.424 approx. -2.5 to +2.5 | -0.6337 approx. -2.5 to +2.5 | -0.2736 approx. -2.5 to +2.5 | 10 |
| 2020s | -0.2948 approx. -2.5 to +2.5 | -0.3472 approx. -2.5 to +2.5 | -0.2359 approx. -2.5 to +2.5 | 5 |
Countries ranked near Vietnam
More reference data data for Vietnam
- Number of child deaths per woman 0.0333 under-five deaths per woman (2024)
- Fertility rate vs. Human Development Index 1.91 live births per woman (2023)
- Fertility rate: births per woman 1.91 live births per woman (2023)
- Fertility rate: births per woman 1.91 live births per woman (2023)
- Human Development Index 0.766 (2023)
- Rule of Law - Governance estimate -0.3139 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 51.56 0-100 (2024)
- Voice and Accountability - Governance score 37.63 0-100 (2024)
- Voice and Accountability - Governance estimate -1.1 approx. -2.5 to +2.5 (2024)
- Political Stability - Governance score 65.99 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Vietnam?
- Regulatory quality - governance estimate in Vietnam was -0.2668 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 Vietnam?
- The highest recorded value was -0.2359 approx. -2.5 to +2.5 in 2020.
- What is the lowest regulatory quality - governance estimate recorded in Vietnam?
- The lowest recorded value was -0.8342 approx. -2.5 to +2.5 in 2002.
- How does Vietnam rank for regulatory quality - governance estimate?
- Vietnam ranks 117th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Vietnam?
- Over the last ten years it is up 45.2%. The long-run trend across the full record is rising.
- Where does this Vietnam 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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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.