Regulatory Quality - Governance score in Finland

Finland: Regulatory Quality - Governance score was 85.83 0-100 in 2024. ▬ Flat

Latest (2024)
85.83 0-100
Change on year
up 1.8%
World rank
2nd
of 204 countries
All-time high
88.67 0-100
in 2003
All-time low
74.65 0-100
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance score in Finland, 1996–2024

0204060801996201020241996: 74.7 0-1001998: 81.7 0-1002000: 82.5 0-1002002: 87.8 0-1002003: 88.7 0-1002004: 84.7 0-1002005: 86.1 0-1002006: 85.1 0-1002007: 82.5 0-1002008: 82.7 0-1002009: 85.6 0-1002010: 85.8 0-1002011: 85 0-1002012: 86.4 0-1002013: 85.5 0-1002014: 84.5 0-1002015: 84.3 0-1002016: 83.5 0-1002017: 83.8 0-1002018: 84.1 0-1002019: 86.3 0-1002020: 86 0-1002021: 86.6 0-1002022: 85 0-1002023: 84.3 0-1002024: 85.8 0-100

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

Analysis

Finland recorded 85.83 0-100 for regulatory quality - governance score in 2024.

Compared with earlier readings it is up 1.8% on the previous year and up 1.6% over ten years.

Over the whole period, regulatory quality - governance score in Finland peaked at 88.67 0-100 in 2003 and was at its lowest, 74.65 0-100, in 1996.

That places Finland 2nd out of 204 countries with data for 2024, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 78.18 0-100 74.65 0-100 81.7 0-100 2
2000s 85.08 0-100 82.53 0-100 88.67 0-100 9
2010s 84.92 0-100 83.48 0-100 86.41 0-100 10
2020s 85.53 0-100 84.31 0-100 86.58 0-100 5

Countries ranked near Finland

  1. 1 Singapore 88.49 0-100 compare
  2. 3 Denmark 85.31 0-100 compare
  3. 4 New Zealand 83.95 0-100 compare
  4. 5 Luxembourg 83.86 0-100 compare

See the full ranking of 204 places →

More reference data data for Finland

All data for Finland →

Frequently asked questions

What is regulatory quality - governance score in Finland?
Regulatory quality - governance score in Finland was 85.83 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 Finland?
The highest recorded value was 88.67 0-100 in 2003.
What is the lowest regulatory quality - governance score recorded in Finland?
The lowest recorded value was 74.65 0-100 in 1996.
How does Finland rank for regulatory quality - governance score?
Finland ranks 2nd out of 204 countries with data for 2024.
Is regulatory quality - governance score rising or falling in Finland?
Over the last ten years it is up 1.6%. The long-run trend across the full record is flat.
Where does this Finland 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).