Bermuda vs Uruguay: Regulatory Quality - Governance estimate

Bermuda
0.6285 approx. -2.5 to +2.5
in 2024
Uruguay
0.6468 approx. -2.5 to +2.5
in 2024
Bermuda rank
54th
Uruguay rank
51st

Regulatory Quality - Governance estimate over time

  • Bermuda
  • Uruguay
0.250.50.7511.21.5199620102024

How they compare

Uruguay currently reports 0.6468 approx. -2.5 to +2.5 against 0.6285 approx. -2.5 to +2.5 in Bermuda, a difference of 0.0183 approx. -2.5 to +2.5.

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

Bermuda ranks 54th and Uruguay ranks 51st of 204 countries.

Bermuda has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Bermuda Uruguay Difference Ahead
1990s 1.43 approx. -2.5 to +2.5 0.5569 approx. -2.5 to +2.5 0.8757 approx. -2.5 to +2.5 Bermuda
2000s 1.43 approx. -2.5 to +2.5 0.4064 approx. -2.5 to +2.5 1.03 approx. -2.5 to +2.5 Bermuda
2010s 1.06 approx. -2.5 to +2.5 0.6554 approx. -2.5 to +2.5 0.4019 approx. -2.5 to +2.5 Bermuda
2020s 0.7718 approx. -2.5 to +2.5 0.7084 approx. -2.5 to +2.5 0.0634 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 Uruguay?
Uruguay, at 0.6468 approx. -2.5 to +2.5 against 0.6285 approx. -2.5 to +2.5 in Bermuda as of 2024.
What is the difference in regulatory quality - governance estimate between Bermuda and Uruguay?
0.0183 approx. -2.5 to +2.5, with Uruguay ahead.
How many years of comparable data are there for Bermuda and Uruguay?
26 years are reported by both, from 1996 to 2024.
How do Bermuda and Uruguay rank globally for regulatory quality - governance estimate?
Bermuda ranks 54th and Uruguay ranks 51st 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.