Worldwide Governance Indicators, Annual Update

Description

Worldwide Governance indicators reports aggregate and individual governance indicators for 215 economies over the period 1996–2015. The governance indicators presented here reflect the statistical compilation of responses on the quality of governance given by a large number of enterprise, citizen and expert survey respondents in industrial and developing countries, as reported by a number of survey institutes, think tanks, non-governmental organizations, and international organizations. The aggregate indicators do not reflect the official views of the World Bank, its Executive Directors, or the countries they represent.

Measure description:
Estimate:-Estimate of governance (ranges from approximately -2.5 (weak) to 2.5 (strong) governance performance)
*Standard error (StdErr):-*Standard error reflects variability around the point estimate of governance.
Number of sources (NumSrc):-Number of data sources on which estimate is based
*Rank:- *Percentile rank among all countries (ranges from 0 (lowest) to 100 (highest) rank)
Lower:- Lower bound of 90% confidence interval for governance, in percentile rank terms
*Upper:- *Upper bound of 90% confidence interval for governance, in percentile rank terms