Australia vs Finland: Regulatory Quality - Governance estimate (approx. -2.5 to +2.5)
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) over time
- Australia
- Finland
How they compare
Australia currently reports 1.67 approx. -2.5 to +2.5 against 1.63 approx. -2.5 to +2.5 in Finland, a difference of 0.04 approx. -2.5 to +2.5.
The two have swapped places 11 times across 27 shared years of data; in 1996 it was Finland ahead.
Australia ranks 5th and Finland ranks 7th of 206 countries.
Finland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Finland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.19 approx. -2.5 to +2.5 | 1.53 approx. -2.5 to +2.5 | 0.3414 approx. -2.5 to +2.5 | Finland |
| 2000s | 1.76 approx. -2.5 to +2.5 | 1.9 approx. -2.5 to +2.5 | 0.1433 approx. -2.5 to +2.5 | Finland |
| 2010s | 1.83 approx. -2.5 to +2.5 | 1.92 approx. -2.5 to +2.5 | 0.089 approx. -2.5 to +2.5 | Finland |
| 2020s | 1.77 approx. -2.5 to +2.5 | 1.85 approx. -2.5 to +2.5 | 0.0814 approx. -2.5 to +2.5 | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher regulatory quality - governance estimate, Australia or Finland?
- Australia, at 1.67 approx. -2.5 to +2.5 against 1.63 approx. -2.5 to +2.5 in Finland as of 2025.
- What is the difference in regulatory quality - governance estimate between Australia and Finland?
- 0.04 approx. -2.5 to +2.5, with Australia ahead.
- How many years of comparable data are there for Australia and Finland?
- 27 years are reported by both, from 1996 to 2025.
- How do Australia and Finland rank globally for regulatory quality - governance estimate?
- Australia ranks 5th and Finland ranks 7th of 206 countries.
- Where does this data come from?
- The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG), published as Regulatory Quality - Governance estimate (approx. -2.5 to +2.5). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Regulatory Quality (RQ) captures perceptions of the government’s ability to design and implement policies and regulations that promote private sector development. Governance estimate from the aggregation model, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) standard error. The number of sources indicates the number of underlying data sources on which the governance estimate is based. The standard error indicates the precision of the governance estimate. Larger values indicate less precise estimates. A 90% confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.