Government Effectiveness: Percentile Rank for Palau

Indicator Definition:
Government Effectiveness captures perceptions of the quality of public services, the quality of the civil service and the degree of its independence from political pressures, the quality of policy formulation and implementation, and the credibility of the government's commitment to such policies. 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.

The indicator "Government Effectiveness: Percentile Rank" stands at 67.45 as of 12/31/2023.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.6945 percent compared to the value the year prior.
The 1 year change in percent is -0.6945.
The 3 year change in percent is 1.91.
The 5 year change in percent is 9.81.
The 10 year change in percent is 97.67.

The Serie's long term average value is 49.84. It's latest available value, on 12/31/2023, is 35.33 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2010, to it's latest available value, on 12/31/2023, is +193.70%.
The Serie's change in percent from it's maximum value, on 12/31/2022, to it's latest available value, on 12/31/2023, is -0.694%.