Azerbaijan, Republic of vs Thailand: Regulatory Quality - Governance estimate
Regulatory Quality - Governance estimate over time
- Azerbaijan, Republic of
- Thailand
How they compare
Azerbaijan, Republic of currently reports 0.1349 approx. -2.5 to +2.5 against 0.1064 approx. -2.5 to +2.5 in Thailand, a difference of 0.0285 approx. -2.5 to +2.5.
That makes Azerbaijan, Republic of's figure about 1.3 times Thailand's.
The two have swapped places 1 time across 26 shared years of data; in 1996 it was Thailand ahead.
Azerbaijan, Republic of ranks 80th and Thailand ranks 83rd of 204 countries.
Thailand has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Azerbaijan, Republic of | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -1.2 approx. -2.5 to +2.5 | -0.0908 approx. -2.5 to +2.5 | 1.11 approx. -2.5 to +2.5 | Thailand |
| 2000s | -0.5657 approx. -2.5 to +2.5 | 0.2148 approx. -2.5 to +2.5 | 0.7805 approx. -2.5 to +2.5 | Thailand |
| 2010s | -0.3031 approx. -2.5 to +2.5 | 0.1552 approx. -2.5 to +2.5 | 0.4583 approx. -2.5 to +2.5 | Thailand |
| 2020s | -0.0095 approx. -2.5 to +2.5 | 0.1056 approx. -2.5 to +2.5 | 0.1151 approx. -2.5 to +2.5 | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher regulatory quality - governance estimate, Azerbaijan, Republic of or Thailand?
- Azerbaijan, Republic of, at 0.1349 approx. -2.5 to +2.5 against 0.1064 approx. -2.5 to +2.5 in Thailand as of 2024.
- What is the difference in regulatory quality - governance estimate between Azerbaijan, Republic of and Thailand?
- 0.0285 approx. -2.5 to +2.5, with Azerbaijan, Republic of ahead.
- How many years of comparable data are there for Azerbaijan, Republic of and Thailand?
- 26 years are reported by both, from 1996 to 2024.
- How do Azerbaijan, Republic of and Thailand rank globally for regulatory quality - governance estimate?
- Azerbaijan, Republic of ranks 80th and Thailand ranks 83rd of 204 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.