Regulatory Quality - Governance score in Mongolia

Mongolia: Regulatory Quality - Governance score was 53.75 0-100 in 2024. ▲ Rising

Latest (2024)
53.75 0-100
Change on year
down 0.9%
World rank
98th
of 204 countries
All-time high
56.33 0-100
in 2002
All-time low
47.02 0-100
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance score in Mongolia, 1996–2024

02040601996201020241996: 47 0-1001998: 49.4 0-1002000: 49.5 0-1002002: 56.3 0-1002003: 53.4 0-1002004: 49.3 0-1002005: 52.5 0-1002006: 52.1 0-1002007: 52 0-1002008: 50.8 0-1002009: 50.2 0-1002010: 50.5 0-1002011: 50 0-1002012: 48.8 0-1002013: 47.4 0-1002014: 50 0-1002015: 50.1 0-1002016: 54.4 0-1002017: 54.3 0-1002018: 55.3 0-1002019: 53.8 0-1002020: 52.7 0-1002021: 52.8 0-1002022: 51.8 0-1002023: 54.2 0-1002024: 53.7 0-100

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

Analysis

In 2024, regulatory quality - governance score in Mongolia stood at 53.75 0-100.

The figure is down 0.9% on the previous year and up 7.5% over ten years.

Over the whole period, regulatory quality - governance score in Mongolia peaked at 56.33 0-100 in 2002 and was at its lowest, 47.02 0-100, in 1996.

Mongolia ranks 98th 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 48.22 0-100 47.02 0-100 49.42 0-100 2
2000s 51.79 0-100 49.28 0-100 56.33 0-100 9
2010s 51.46 0-100 47.44 0-100 55.28 0-100 10
2020s 53.07 0-100 51.79 0-100 54.22 0-100 5

Countries ranked near Mongolia

  1. 95 Morocco 54.44 0-100 compare
  2. 96 Moldova 54.13 0-100 compare
  3. 97 South Africa 53.91 0-100 compare
  4. 99 China 53.74 0-100 compare
  5. 100 Panama 53.7 0-100 compare
  6. 101 Ghana 53.45 0-100 compare

See the full ranking of 204 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is regulatory quality - governance score in Mongolia?
Regulatory quality - governance score in Mongolia was 53.75 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 Mongolia?
The highest recorded value was 56.33 0-100 in 2002.
What is the lowest regulatory quality - governance score recorded in Mongolia?
The lowest recorded value was 47.02 0-100 in 1996.
How does Mongolia rank for regulatory quality - governance score?
Mongolia ranks 98th out of 204 countries with data for 2024.
Is regulatory quality - governance score rising or falling in Mongolia?
Over the last ten years it is up 7.5%. The long-run trend across the full record is rising.
Where does this Mongolia 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).