Regulatory Quality - Governance score in Colombia

Colombia: Regulatory Quality - Governance score was 55.07 0-100 in 2024. ▲ Rising

Latest (2024)
55.07 0-100
Change on year
down 3.4%
World rank
94th
of 204 countries
All-time high
59.74 0-100
in 2015
All-time low
49.51 0-100
in 1998
Years of data
26
1996–2024

Regulatory Quality - Governance score in Colombia, 1996–2024

02040601996201020241996: 50.1 0-1001998: 49.5 0-1002000: 51 0-1002002: 54.2 0-1002003: 54.6 0-1002004: 54.4 0-1002005: 55.7 0-1002006: 56.4 0-1002007: 57 0-1002008: 58.6 0-1002009: 55.7 0-1002010: 55.8 0-1002011: 58.3 0-1002012: 58.4 0-1002013: 58.6 0-1002014: 58.9 0-1002015: 59.7 0-1002016: 59.2 0-1002017: 57.5 0-1002018: 56.6 0-1002019: 58.5 0-1002020: 57.4 0-1002021: 58.6 0-1002022: 57.8 0-1002023: 57 0-1002024: 55.1 0-100

Source: The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Measured in 0-100.

Analysis

The most recent figure for regulatory quality - governance score in Colombia is 55.07 0-100, measured in 2024.

That represents a change of down 3.4% on the previous year and down 6.5% over ten years.

Over the whole period, regulatory quality - governance score in Colombia peaked at 59.74 0-100 in 2015 and was at its lowest, 49.51 0-100, in 1998.

Colombia ranks 94th 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

DecadeAverage LowestHighest Years
1990s 49.82 0-100 49.51 0-100 50.13 0-100 2
2000s 55.29 0-100 51.05 0-100 58.58 0-100 9
2010s 58.14 0-100 55.75 0-100 59.74 0-100 10
2020s 57.18 0-100 55.07 0-100 58.59 0-100 5

Countries ranked near Colombia

  1. 91 Grenada 55.65 0-100 compare
  2. 92 Kazakhstan 55.6 0-100 compare
  3. 93 Cape Verde 55.57 0-100 compare
  4. 95 Morocco 54.44 0-100 compare
  5. 96 Moldova 54.13 0-100 compare
  6. 97 South Africa 53.91 0-100 compare

See the full ranking of 204 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is regulatory quality - governance score in Colombia?
Regulatory quality - governance score in Colombia was 55.07 0-100 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 score recorded in Colombia?
The highest recorded value was 59.74 0-100 in 2015.
What is the lowest regulatory quality - governance score recorded in Colombia?
The lowest recorded value was 49.51 0-100 in 1998.
How does Colombia rank for regulatory quality - governance score?
Colombia ranks 94th out of 204 countries with data for 2024.
Is regulatory quality - governance score rising or falling in Colombia?
Over the last ten years it is down 6.5%. The long-run trend across the full record is rising.
Where does this Colombia 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 score (0-100). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Regulatory Quality - Governance score (0-100)
Unit
0-100
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 score is a linear transformation of the governance estimate using hypothetical worst-case and base-case countries. It is an absolute score ranging from 0-100. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) confidence intervals (lower and upper bound). The number of sources indicates the number of underlying data sources on which the governance score (respectively the underlying governance estimate) is based. The confidence intervals include the lower and upper bound of the 90% confidence interval for the governance score. Confidence intervals are a statistical range of values that likely contain the true value (of what is being estimated).