The Space Shuttle program had two failures in something like 130 flights. That's roughly a 2% failure rate. It's pretty bad for a manned system.
The Soyuz series has flown 1700 times, with phenomenally low failure rates.
http://en.wikipedia.org/wiki/Soyuz_(rocket_family)
In the old days, reliability was a serious issue, and statistics for rockets were easy to get. Of course, not many had flown, so there was considerable speculation on what the current failure rates actually are. One of the problems is that for most of these systems, the rocket is used once. Each lauch is a newly manufactured vehicle. If quality control deteriorates, then the failure rate increases. It can be difficult to guess what the current failure rate is, even for rockets that have had many launches.
The Saturn V flew 11 times, without failure. One could say that this is represents a 0% failure rate. Or, one could say that the upper bound is something like 1 in 22 launches, or something like it.
Even for the Space Shuttle, speculation ran rampant. The Challenger distaster failure mode seems to have been fixed. But the Columbia disaster failure mode was not. Does that mean that the Shuttle program was reduced to a 1% failure rate? Probably not.