Barbados vs Palau: Regulatory Quality - Governance estimate

Barbados
0.4405 approx. -2.5 to +2.5
in 2024
Palau
0.4812 approx. -2.5 to +2.5
in 2024
Barbados rank
61st
Palau rank
58th

Regulatory Quality - Governance estimate over time

  • Barbados
  • Palau
-0.500.511.5199620102024

How they compare

Palau currently reports 0.4812 approx. -2.5 to +2.5 against 0.4405 approx. -2.5 to +2.5 in Barbados, a difference of 0.0407 approx. -2.5 to +2.5.

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

The two have swapped places 3 times across 17 shared years of data; in 2008 it was Barbados ahead.

Barbados ranks 61st and Palau ranks 58th of 204 countries.

Barbados has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Barbados Palau Difference Ahead
2000s 0.9361 approx. -2.5 to +2.5 -0.743 approx. -2.5 to +2.5 1.68 approx. -2.5 to +2.5 Barbados
2010s 0.5473 approx. -2.5 to +2.5 -0.0948 approx. -2.5 to +2.5 0.6421 approx. -2.5 to +2.5 Barbados
2020s 0.4303 approx. -2.5 to +2.5 0.414 approx. -2.5 to +2.5 0.0163 approx. -2.5 to +2.5 Barbados

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Barbados or Palau?
Palau, at 0.4812 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 Palau?
0.0407 approx. -2.5 to +2.5, with Palau ahead.
How many years of comparable data are there for Barbados and Palau?
17 years are reported by both, from 2008 to 2024.
How do Barbados and Palau rank globally for regulatory quality - governance estimate?
Barbados ranks 61st and Palau ranks 58th 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.