Regulatory Quality - Governance score in Grenada

Grenada: Regulatory Quality - Governance score was 55.65 0-100 in 2024. ▼ Falling

Latest (2024)
55.65 0-100
Change on year
down 0.1%
World rank
91st
of 204 countries
All-time high
61.23 0-100
in 2003
All-time low
52.53 0-100
in 2018
Years of data
26
1996–2024

Regulatory Quality - Governance score in Grenada, 1996–2024

02040601996201020241996: 60.4 0-1001998: 60.9 0-1002000: 61 0-1002002: 61.2 0-1002003: 61.2 0-1002004: 56.7 0-1002005: 57 0-1002006: 58.1 0-1002007: 58.2 0-1002008: 58.2 0-1002009: 58.3 0-1002010: 59.8 0-1002011: 58.6 0-1002012: 58.5 0-1002013: 58.5 0-1002014: 55.8 0-1002015: 56.1 0-1002016: 56.1 0-1002017: 54.1 0-1002018: 52.5 0-1002019: 52.8 0-1002020: 52.9 0-1002021: 54.1 0-1002022: 54.2 0-1002023: 55.7 0-1002024: 55.6 0-100

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

Analysis

Grenada recorded 55.65 0-100 for regulatory quality - governance score in 2024.

The figure is down 0.1% on the previous year and down 0.3% over ten years.

Over the whole period, regulatory quality - governance score in Grenada peaked at 61.23 0-100 in 2003 and was at its lowest, 52.53 0-100, in 2018.

That places Grenada 91st out of 204 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 60.65 0-100 60.41 0-100 60.9 0-100 2
2000s 58.88 0-100 56.65 0-100 61.23 0-100 9
2010s 56.27 0-100 52.53 0-100 59.78 0-100 10
2020s 54.51 0-100 52.91 0-100 55.71 0-100 5

Countries ranked near Grenada

  1. 88 Serbia 56.1 0-100 compare
  2. 89 Fiji 55.89 0-100 compare
  3. 90 Dominica 55.81 0-100 compare
  4. 92 Kazakhstan 55.6 0-100 compare
  5. 93 Cape Verde 55.57 0-100 compare
  6. 94 Colombia 55.07 0-100 compare

See the full ranking of 204 places →

More reference data data for Grenada

All data for Grenada →

Frequently asked questions

What is regulatory quality - governance score in Grenada?
Regulatory quality - governance score in Grenada was 55.65 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 Grenada?
The highest recorded value was 61.23 0-100 in 2003.
What is the lowest regulatory quality - governance score recorded in Grenada?
The lowest recorded value was 52.53 0-100 in 2018.
How does Grenada rank for regulatory quality - governance score?
Grenada ranks 91st out of 204 countries with data for 2024.
Is regulatory quality - governance score rising or falling in Grenada?
Over the last ten years it is down 0.3%. The long-run trend across the full record is falling.
Where does this Grenada 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).