Regulatory Quality - Governance score in Vietnam

Vietnam: Regulatory Quality - Governance score was 50.65 0-100 in 2024. ▲ Rising

Latest (2024)
50.65 0-100
Change on year
up 0.4%
World rank
117th
of 204 countries
All-time high
51.14 0-100
in 2020
All-time low
41.71 0-100
in 2002
Years of data
26
1996–2024

Regulatory Quality - Governance score in Vietnam, 1996–2024

02040601996201020241996: 42.1 0-1001998: 42.6 0-1002000: 44.2 0-1002002: 41.7 0-1002003: 43.2 0-1002004: 45.8 0-1002005: 46.6 0-1002006: 47.1 0-1002007: 48 0-1002008: 48 0-1002009: 47.1 0-1002010: 46.3 0-1002011: 47.1 0-1002012: 44.9 0-1002013: 45.4 0-1002014: 47.2 0-1002015: 49.7 0-1002016: 49.9 0-1002017: 50.5 0-1002018: 50.3 0-1002019: 50.5 0-1002020: 51.1 0-1002021: 49.4 0-1002022: 49.4 0-1002023: 50.5 0-1002024: 50.7 0-100

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

Analysis

The most recent figure for regulatory quality - governance score in Vietnam is 50.65 0-100, measured in 2024.

That represents a change of up 0.4% on the previous year and up 7.4% over ten years.

Over the whole period, regulatory quality - governance score in Vietnam peaked at 51.14 0-100 in 2020 and was at its lowest, 41.71 0-100, in 2002.

Vietnam ranks 117th 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 42.31 0-100 42.07 0-100 42.56 0-100 2
2000s 45.76 0-100 41.71 0-100 48.05 0-100 9
2010s 48.18 0-100 44.87 0-100 50.55 0-100 10
2020s 50.21 0-100 49.39 0-100 51.14 0-100 5

Countries ranked near Vietnam

  1. 114 Argentina 51.16 0-100 compare
  2. 115 Maldives 51.15 0-100 compare
  3. 116 Senegal 51.05 0-100 compare
  4. 118 Benin 50.49 0-100 compare
  5. 119 Brazil 50.22 0-100 compare
  6. 120 Sri Lanka 50.14 0-100 compare

See the full ranking of 204 places →

More reference data data for Vietnam

All data for Vietnam →

Frequently asked questions

What is regulatory quality - governance score in Vietnam?
Regulatory quality - governance score in Vietnam was 50.65 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 Vietnam?
The highest recorded value was 51.14 0-100 in 2020.
What is the lowest regulatory quality - governance score recorded in Vietnam?
The lowest recorded value was 41.71 0-100 in 2002.
How does Vietnam rank for regulatory quality - governance score?
Vietnam ranks 117th out of 204 countries with data for 2024.
Is regulatory quality - governance score rising or falling in Vietnam?
Over the last ten years it is up 7.4%. The long-run trend across the full record is rising.
Where does this Vietnam 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).