Cape Verde vs Colombia: Regulatory Quality - Governance estimate

Cape Verde
0.0451 approx. -2.5 to +2.5
in 2024
Colombia
0.0134 approx. -2.5 to +2.5
in 2024
Cape Verde rank
93rd
Colombia rank
94th

Regulatory Quality - Governance estimate over time

  • Cape Verde
  • Colombia
-0.6-0.4-0.2-00.20.4199620102024

How they compare

Cape Verde currently reports 0.0451 approx. -2.5 to +2.5 against 0.0134 approx. -2.5 to +2.5 in Colombia, a difference of 0.0317 approx. -2.5 to +2.5.

That makes Cape Verde's figure about 3.4 times Colombia's.

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

Cape Verde ranks 93rd and Colombia ranks 94th of 204 countries.

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

Head to head by decade

Decade Cape Verde Colombia Difference Ahead
1990s -0.4819 approx. -2.5 to +2.5 -0.32 approx. -2.5 to +2.5 0.1619 approx. -2.5 to +2.5 Colombia
2000s -0.2235 approx. -2.5 to +2.5 0.0271 approx. -2.5 to +2.5 0.2507 approx. -2.5 to +2.5 Colombia
2010s -0.1335 approx. -2.5 to +2.5 0.2081 approx. -2.5 to +2.5 0.3415 approx. -2.5 to +2.5 Colombia
2020s 0.0613 approx. -2.5 to +2.5 0.1468 approx. -2.5 to +2.5 0.0855 approx. -2.5 to +2.5 Colombia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Cape Verde or Colombia?
Cape Verde, at 0.0451 approx. -2.5 to +2.5 against 0.0134 approx. -2.5 to +2.5 in Colombia as of 2024.
What is the difference in regulatory quality - governance estimate between Cape Verde and Colombia?
0.0317 approx. -2.5 to +2.5, with Cape Verde ahead.
How many years of comparable data are there for Cape Verde and Colombia?
26 years are reported by both, from 1996 to 2024.
How do Cape Verde and Colombia rank globally for regulatory quality - governance estimate?
Cape Verde ranks 93rd and Colombia ranks 94th 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.