Regulatory Quality - Governance score in Venezuela
Venezuela: Regulatory Quality - Governance score was 24.85 0-100 in 2024. ▼ Falling
Regulatory Quality - Governance score in Venezuela, 1996–2024
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 Venezuela stood at 24.85 0-100.
Compared with earlier readings it is down 1.0% on the previous year and down 11.1% over ten years.
Over the whole period, regulatory quality - governance score in Venezuela peaked at 44.59 0-100 in 2000 and was at its lowest, 20.6 0-100, in 2019.
Venezuela ranks 201st of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.45 0-100 | 42.87 0-100 | 44.04 0-100 | 2 |
| 2000s | 36.88 0-100 | 31.75 0-100 | 44.59 0-100 | 9 |
| 2010s | 27.74 0-100 | 20.6 0-100 | 33.61 0-100 | 10 |
| 2020s | 23.41 0-100 | 20.66 0-100 | 25.09 0-100 | 5 |
Countries ranked near Venezuela
More reference data data for Venezuela
- Number of child deaths per woman 0.0518 under-five deaths per woman (2024)
- Fertility rate vs. Human Development Index 2.08 live births per woman (2023)
- Fertility rate: births per woman 2.08 live births per woman (2023)
- Fertility rate: births per woman 2.08 live births per woman (2023)
- Human Development Index 0.709 (2023)
- Rule of Law - Governance estimate -2.2 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 19.03 0-100 (2024)
- Voice and Accountability - Governance score 25.04 0-100 (2024)
- Voice and Accountability - Governance estimate -1.82 approx. -2.5 to +2.5 (2024)
- Political Stability - Governance score 36.17 0-100 (2024)
Frequently asked questions
- What is regulatory quality - governance score in Venezuela?
- Regulatory quality - governance score in Venezuela was 24.85 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 Venezuela?
- The highest recorded value was 44.59 0-100 in 2000.
- What is the lowest regulatory quality - governance score recorded in Venezuela?
- The lowest recorded value was 20.6 0-100 in 2019.
- How does Venezuela rank for regulatory quality - governance score?
- Venezuela ranks 201st out of 204 countries with data for 2024.
- Is regulatory quality - governance score rising or falling in Venezuela?
- Over the last ten years it is down 11.1%. The long-run trend across the full record is falling.
- Where does this Venezuela 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
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).