Bahrain vs South Korea: Regulatory Quality - Governance estimate

Bahrain
0.9502 approx. -2.5 to +2.5
in 2024
South Korea
1.01 approx. -2.5 to +2.5
in 2024
Bahrain rank
37th
South Korea rank
34th

Regulatory Quality - Governance estimate over time

  • Bahrain
  • South Korea
0.20.40.60.81199620102024

How they compare

South Korea currently reports 1.01 approx. -2.5 to +2.5 against 0.9502 approx. -2.5 to +2.5 in Bahrain, a difference of 0.0598 approx. -2.5 to +2.5.

That makes South Korea's figure about 1.1 times Bahrain's.

The two have swapped places 5 times across 26 shared years of data; in 1996 it was Bahrain ahead.

Bahrain ranks 37th and South Korea ranks 34th of 204 countries.

Across the 4 decades both report, Bahrain averaged higher in 2 and South Korea in 2.

Head to head by decade

Decade Bahrain South Korea Difference Ahead
1990s 0.3969 approx. -2.5 to +2.5 0.1637 approx. -2.5 to +2.5 0.2332 approx. -2.5 to +2.5 Bahrain
2000s 0.8033 approx. -2.5 to +2.5 0.736 approx. -2.5 to +2.5 0.0672 approx. -2.5 to +2.5 Bahrain
2010s 0.6815 approx. -2.5 to +2.5 0.9475 approx. -2.5 to +2.5 0.2659 approx. -2.5 to +2.5 South Korea
2020s 0.8163 approx. -2.5 to +2.5 0.9854 approx. -2.5 to +2.5 0.1691 approx. -2.5 to +2.5 South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Bahrain or South Korea?
South Korea, at 1.01 approx. -2.5 to +2.5 against 0.9502 approx. -2.5 to +2.5 in Bahrain as of 2024.
What is the difference in regulatory quality - governance estimate between Bahrain and South Korea?
0.0598 approx. -2.5 to +2.5, with South Korea ahead.
How many years of comparable data are there for Bahrain and South Korea?
26 years are reported by both, from 1996 to 2024.
How do Bahrain and South Korea rank globally for regulatory quality - governance estimate?
Bahrain ranks 37th and South Korea ranks 34th 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

Indicator
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5)
Unit
approx. -2.5 to +2.5
Source
The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 5,143 data points, 1996–2024
Last refreshed

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.