Regulatory Quality: Percentile Rank, Upper Bound of 90% Confidence Interval for Algeria



Indicator Definition:
Regulatory Quality captures perceptions of the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development. Percentile rank indicates the country's rank among all countries covered by the aggregate indicator, with 0 corresponding to lowest rank, and 100 to highest rank. Percentile ranks have been adjusted to correct for changes over time in the composition of the countries covered by the WGI. Percentile Rank Upper refers to upper bound of 90 percent confidence interval for governance, expressed in percentile rank terms.

The indicator "Regulatory Quality: Percentile Rank, Upper Bound of 90% Confidence Interval" stands at 30.66 as of 12/31/2023, the highest value since 12/31/2009.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 18.18 percent compared to the value the year prior.
The 1 year change in percent is 18.18.
The 3 year change in percent is 107.70.
The 5 year change in percent is 122.02.
The 10 year change in percent is 26.85.

The Serie's long term average value is 30.56. It's latest available value, on 12/31/2023, is 0.316 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2019, to it's latest available value, on 12/31/2023, is +157.55%.
The Serie's change in percent from it's maximum value, on 12/31/2005, to it's latest available value, on 12/31/2023, is -40.43%.

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