Bermuda vs Costa Rica: Regulatory Quality - Governance estimate
Regulatory Quality - Governance estimate over time
- Bermuda
- Costa Rica
How they compare
Bermuda currently reports 0.6285 approx. -2.5 to +2.5 against 0.5818 approx. -2.5 to +2.5 in Costa Rica, a difference of 0.0467 approx. -2.5 to +2.5.
That makes Bermuda's figure about 1.1 times Costa Rica's.
Across all 26 years both countries report, Bermuda has been ahead every year.
Bermuda ranks 54th and Costa Rica ranks 56th of 204 countries.
Bermuda has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Bermuda | Costa Rica | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.43 approx. -2.5 to +2.5 | 0.3505 approx. -2.5 to +2.5 | 1.08 approx. -2.5 to +2.5 | Bermuda |
| 2000s | 1.43 approx. -2.5 to +2.5 | 0.5951 approx. -2.5 to +2.5 | 0.8369 approx. -2.5 to +2.5 | Bermuda |
| 2010s | 1.06 approx. -2.5 to +2.5 | 0.6281 approx. -2.5 to +2.5 | 0.4293 approx. -2.5 to +2.5 | Bermuda |
| 2020s | 0.7718 approx. -2.5 to +2.5 | 0.5697 approx. -2.5 to +2.5 | 0.2021 approx. -2.5 to +2.5 | Bermuda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher regulatory quality - governance estimate, Bermuda or Costa Rica?
- Bermuda, at 0.6285 approx. -2.5 to +2.5 against 0.5818 approx. -2.5 to +2.5 in Costa Rica as of 2024.
- What is the difference in regulatory quality - governance estimate between Bermuda and Costa Rica?
- 0.0467 approx. -2.5 to +2.5, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Costa Rica?
- 26 years are reported by both, from 1996 to 2024.
- How do Bermuda and Costa Rica rank globally for regulatory quality - governance estimate?
- Bermuda ranks 54th and Costa Rica ranks 56th 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.