Regulatory Quality - Governance score in Micronesia (country)

Micronesia (country): Regulatory Quality - Governance score was 42.82 0-100 in 2024. ▼ Falling

Latest (2024)
42.82 0-100
Change on year
up 0.0%
World rank
161st
of 204 countries
All-time high
62.45 0-100
in 2005
All-time low
41.43 0-100
in 2020
Years of data
21
2004–2024

Regulatory Quality - Governance score in Micronesia (country), 2004–2024

02040602004201420242004: 57.3 0-1002005: 62.4 0-1002006: 62.4 0-1002007: 52.4 0-1002008: 47.5 0-1002009: 46.2 0-1002010: 46.2 0-1002011: 42.6 0-1002012: 42.5 0-1002013: 42.9 0-1002014: 42.1 0-1002015: 42.6 0-1002016: 42.7 0-1002017: 44.1 0-1002018: 42.7 0-1002019: 41.5 0-1002020: 41.4 0-1002021: 42.8 0-1002022: 42.8 0-1002023: 42.8 0-1002024: 42.8 0-100

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

Analysis

Micronesia (country) recorded 42.82 0-100 for regulatory quality - governance score in 2024.

Compared with earlier readings it is up 1.7% over ten years.

Over the whole period, regulatory quality - governance score in Micronesia (country) peaked at 62.45 0-100 in 2005 and was at its lowest, 41.43 0-100, in 2020.

Micronesia (country) ranks 161st of 204 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 54.7 0-100 46.17 0-100 62.45 0-100 6
2010s 42.97 0-100 41.46 0-100 46.17 0-100 10
2020s 42.55 0-100 41.43 0-100 42.85 0-100 5

Countries ranked near Micronesia (country)

  1. 158 Tajikistan 42.9 0-100 compare
  2. 159 Mali 42.84 0-100 compare
  3. 160 Niger 42.84 0-100 compare
  4. 162 Mozambique 42.82 0-100 compare
  5. 163 Angola 42.67 0-100 compare
  6. 164 Mauritania 42.59 0-100 compare

See the full ranking of 204 places →

More reference data data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is regulatory quality - governance score in Micronesia (country)?
Regulatory quality - governance score in Micronesia (country) was 42.82 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 Micronesia (country)?
The highest recorded value was 62.45 0-100 in 2005.
What is the lowest regulatory quality - governance score recorded in Micronesia (country)?
The lowest recorded value was 41.43 0-100 in 2020.
How does Micronesia (country) rank for regulatory quality - governance score?
Micronesia (country) ranks 161st out of 204 countries with data for 2024.
Is regulatory quality - governance score rising or falling in Micronesia (country)?
Over the last ten years it is up 1.7%. The long-run trend across the full record is falling.
Where does this Micronesia (country) 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 — 21 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).