Regulatory Quality - Governance score in Nicaragua

Nicaragua: Regulatory Quality - Governance score was 39.23 0-100 in 2024. ▼ Falling

Latest (2024)
39.23 0-100
Change on year
up 0.9%
World rank
176th
of 204 countries
All-time high
51.84 0-100
in 2005
All-time low
38.89 0-100
in 2023
Years of data
26
1996–2024

Regulatory Quality - Governance score in Nicaragua, 1996–2024

02040601996201020241996: 42.8 0-1001998: 45 0-1002000: 48.4 0-1002002: 45.9 0-1002003: 48 0-1002004: 51 0-1002005: 51.8 0-1002006: 50.5 0-1002007: 49.8 0-1002008: 48.9 0-1002009: 47.7 0-1002010: 47.8 0-1002011: 47.7 0-1002012: 48.5 0-1002013: 49 0-1002014: 48.5 0-1002015: 50 0-1002016: 48.6 0-1002017: 47 0-1002018: 46.1 0-1002019: 44.6 0-1002020: 44.1 0-1002021: 40.9 0-1002022: 39.1 0-1002023: 38.9 0-1002024: 39.2 0-100

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

Analysis

Nicaragua recorded 39.23 0-100 for regulatory quality - governance score in 2024.

That represents a change of up 0.9% on the previous year and down 19.1% over ten years.

Over the whole period, regulatory quality - governance score in Nicaragua peaked at 51.84 0-100 in 2005 and was at its lowest, 38.89 0-100, in 2023.

That places Nicaragua 176th out of 204 countries with data for 2024, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 43.91 0-100 42.78 0-100 45.04 0-100 2
2000s 49.11 0-100 45.9 0-100 51.84 0-100 9
2010s 47.79 0-100 44.58 0-100 50.01 0-100 10
2020s 40.44 0-100 38.89 0-100 44.12 0-100 5

Countries ranked near Nicaragua

  1. 173 Suriname 40.37 0-100 compare
  2. 174 Bangladesh 39.88 0-100 compare
  3. 175 Lebanon 39.74 0-100 compare
  4. 177 Iraq 38.61 0-100 compare
  5. 178 Sierra Leone 38.16 0-100 compare
  6. 179 Russia 38.01 0-100 compare

See the full ranking of 204 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is regulatory quality - governance score in Nicaragua?
Regulatory quality - governance score in Nicaragua was 39.23 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 Nicaragua?
The highest recorded value was 51.84 0-100 in 2005.
What is the lowest regulatory quality - governance score recorded in Nicaragua?
The lowest recorded value was 38.89 0-100 in 2023.
How does Nicaragua rank for regulatory quality - governance score?
Nicaragua ranks 176th out of 204 countries with data for 2024.
Is regulatory quality - governance score rising or falling in Nicaragua?
Over the last ten years it is down 19.1%. The long-run trend across the full record is falling.
Where does this Nicaragua 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).