Bangladesh vs Nicaragua: Regulatory Quality - Governance estimate

Bangladesh
-0.9501 approx. -2.5 to +2.5
in 2024
Nicaragua
-0.991 approx. -2.5 to +2.5
in 2024
Bangladesh rank
174th
Nicaragua rank
176th

Regulatory Quality - Governance estimate over time

  • Bangladesh
  • Nicaragua
-1.2-1-0.8-0.6-0.4-0.2199620102024

How they compare

Bangladesh currently reports -0.9501 approx. -2.5 to +2.5 against -0.991 approx. -2.5 to +2.5 in Nicaragua, a difference of 0.0409 approx. -2.5 to +2.5.

The two have swapped places 1 time across 26 shared years of data; in 1996 it was Nicaragua ahead.

Bangladesh ranks 174th and Nicaragua ranks 176th of 204 countries.

Across the 4 decades both report, Bangladesh averaged higher in 1 and Nicaragua in 3.

Head to head by decade

Decade Bangladesh Nicaragua Difference Ahead
1990s -1.16 approx. -2.5 to +2.5 -0.6943 approx. -2.5 to +2.5 0.4608 approx. -2.5 to +2.5 Nicaragua
2000s -0.9876 approx. -2.5 to +2.5 -0.3646 approx. -2.5 to +2.5 0.623 approx. -2.5 to +2.5 Nicaragua
2010s -0.8443 approx. -2.5 to +2.5 -0.4487 approx. -2.5 to +2.5 0.3956 approx. -2.5 to +2.5 Nicaragua
2020s -0.9081 approx. -2.5 to +2.5 -0.9146 approx. -2.5 to +2.5 0.0065 approx. -2.5 to +2.5 Bangladesh

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Bangladesh or Nicaragua?
Bangladesh, at -0.9501 approx. -2.5 to +2.5 against -0.991 approx. -2.5 to +2.5 in Nicaragua as of 2024.
What is the difference in regulatory quality - governance estimate between Bangladesh and Nicaragua?
0.0409 approx. -2.5 to +2.5, with Bangladesh ahead.
How many years of comparable data are there for Bangladesh and Nicaragua?
26 years are reported by both, from 1996 to 2024.
How do Bangladesh and Nicaragua rank globally for regulatory quality - governance estimate?
Bangladesh ranks 174th and Nicaragua ranks 176th 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.

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Bangladesh vs Nicaragua: Regulatory Quality - Governance estimate. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 29 August 2026, from https://reference.statizoid.com/compare/regulatory-quality-governance-estimate-approx-2-5-to-2-5/bangladesh/nicaragua/

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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.