Governance Rating

The Governance Rating (GR) gives an indication of a Country’s Performance in the area of governance and the quality of its institutions.

Prior to 2008, a country’s performance in the area of governance was measured within Cluster D (Public Sector Management and Institutions) of the Country Policy and Institutional Assessment (CPIA). Now the GR is a standalone element of the overall County Performance Assessment (CPA). This reflects the importance the Bank places on good governance for the achievement of inclusive and sustained economic growth in its Regional Member Countries (RMCs). As a result, the GR today accounts for 58% of the overall CPA.

The GR measures RMCs’ progress in the area of governance and the quality of their institutions along 5 areas:

1. Property Rights and Rule-based Governance
2. Quality of Budgetary and Financial Management
3. Efficiency of Revenue Mobilization
4. Quality of Public Administration
5. Transparency, Accountability, and Corruption in the Public Sector

A Bank staff “Guidance Note on Governance Rating” has been developed to guide the Bank’s country economists and country teams in formulating their assessment of the GR, through the provision of a menu of available sources of information and indicators to inform the assessment of each area.