Barbados vs Greece: Regulatory Quality - Governance estimate

Barbados
0.4405 approx. -2.5 to +2.5
in 2024
Greece
0.4797 approx. -2.5 to +2.5
in 2024
Barbados rank
61st
Greece rank
60th

Regulatory Quality - Governance estimate over time

  • Barbados
  • Greece
00.511.5199620102024

How they compare

Greece currently reports 0.4797 approx. -2.5 to +2.5 against 0.4405 approx. -2.5 to +2.5 in Barbados, a difference of 0.0392 approx. -2.5 to +2.5.

That makes Greece's figure about 1.1 times Barbados's.

The two have swapped places 3 times across 26 shared years of data; in 1996 it was Barbados ahead.

Barbados ranks 61st and Greece ranks 60th of 204 countries.

Across the 4 decades both report, Barbados averaged higher in 3 and Greece in 1.

Head to head by decade

Decade Barbados Greece Difference Ahead
1990s 1.39 approx. -2.5 to +2.5 0.5099 approx. -2.5 to +2.5 0.8796 approx. -2.5 to +2.5 Barbados
2000s 1.12 approx. -2.5 to +2.5 0.8146 approx. -2.5 to +2.5 0.3028 approx. -2.5 to +2.5 Barbados
2010s 0.5473 approx. -2.5 to +2.5 0.2531 approx. -2.5 to +2.5 0.2942 approx. -2.5 to +2.5 Barbados
2020s 0.4303 approx. -2.5 to +2.5 0.4508 approx. -2.5 to +2.5 0.0205 approx. -2.5 to +2.5 Greece

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Barbados or Greece?
Greece, at 0.4797 approx. -2.5 to +2.5 against 0.4405 approx. -2.5 to +2.5 in Barbados as of 2024.
What is the difference in regulatory quality - governance estimate between Barbados and Greece?
0.0392 approx. -2.5 to +2.5, with Greece ahead.
How many years of comparable data are there for Barbados and Greece?
26 years are reported by both, from 1996 to 2024.
How do Barbados and Greece rank globally for regulatory quality - governance estimate?
Barbados ranks 61st and Greece ranks 60th 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.