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

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 98.11 as of 12/31/2023, the highest value at least since 12/31/1998, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.9709 percent compared to the value the year prior.
The 1 year change in percent is 0.9709.
The 3 year change in percent is 2.51.
The 5 year change in percent is 4.59.
The 10 year change in percent is 7.82.

The Serie's long term average value is 91.20. It's latest available value, on 12/31/2023, is 7.57 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2002, to it's latest available value, on 12/31/2023, is +34.45%.
The Serie's change in percent from it's maximum value, on 12/31/2023, to it's latest available value, on 12/31/2023, is 0.0%.