Regulatory Quality - Governance score in Colombia
Colombia: Regulatory Quality - Governance score was 55.07 0-100 in 2024. ▲ Rising
Regulatory Quality - Governance score in Colombia, 1996–2024
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
| Decade | Average | Lowest | Highest | 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
- 91 Grenada 55.65 0-100 compare
- 92 Kazakhstan 55.6 0-100 compare
- 93 Cape Verde 55.57 0-100 compare
- 95 Morocco 54.44 0-100 compare
- 96 Moldova 54.13 0-100 compare
- 97 South Africa 53.91 0-100 compare
More reference data data for Colombia
- Number of child deaths per woman 0.0199 under-five deaths per woman (2024)
- Fertility rate vs. Human Development Index 1.65 live births per woman (2023)
- Fertility rate: births per woman 1.65 live births per woman (2023)
- Fertility rate: births per woman 1.65 live births per woman (2023)
- Human Development Index 0.788 (2023)
- Rule of Law - Governance estimate -0.5597 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 47.33 0-100 (2024)
- Voice and Accountability - Governance score 57.45 0-100 (2024)
- Voice and Accountability - Governance estimate 0.0346 approx. -2.5 to +2.5 (2024)
- Political Stability - Governance score 49.31 0-100 (2024)
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.
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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 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).