Chile vs Cyprus: Regulatory Quality - Governance estimate

Chile
0.7807 approx. -2.5 to +2.5
in 2024
Cyprus
0.7396 approx. -2.5 to +2.5
in 2024
Chile rank
42nd
Cyprus rank
44th

Regulatory Quality - Governance estimate over time

  • Chile
  • Cyprus
00.511.5199620102024

How they compare

Chile currently reports 0.7807 approx. -2.5 to +2.5 against 0.7396 approx. -2.5 to +2.5 in Cyprus, a difference of 0.0411 approx. -2.5 to +2.5.

That makes Chile's figure about 1.1 times Cyprus's.

The two have swapped places 2 times across 26 shared years of data; in 1996 it was Chile ahead.

Chile ranks 42nd and Cyprus ranks 44th of 204 countries.

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

Head to head by decade

Decade Chile Cyprus Difference Ahead
1990s 1.27 approx. -2.5 to +2.5 0.9137 approx. -2.5 to +2.5 0.3558 approx. -2.5 to +2.5 Chile
2000s 1.55 approx. -2.5 to +2.5 1.29 approx. -2.5 to +2.5 0.2588 approx. -2.5 to +2.5 Chile
2010s 1.33 approx. -2.5 to +2.5 1.04 approx. -2.5 to +2.5 0.2891 approx. -2.5 to +2.5 Chile
2020s 0.844 approx. -2.5 to +2.5 0.7983 approx. -2.5 to +2.5 0.0457 approx. -2.5 to +2.5 Chile

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Chile or Cyprus?
Chile, at 0.7807 approx. -2.5 to +2.5 against 0.7396 approx. -2.5 to +2.5 in Cyprus as of 2024.
What is the difference in regulatory quality - governance estimate between Chile and Cyprus?
0.0411 approx. -2.5 to +2.5, with Chile ahead.
How many years of comparable data are there for Chile and Cyprus?
26 years are reported by both, from 1996 to 2024.
How do Chile and Cyprus rank globally for regulatory quality - governance estimate?
Chile ranks 42nd and Cyprus ranks 44th 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.