Colombia vs Grenada: Regulatory Quality - Governance estimate
Regulatory Quality - Governance estimate over time
- Colombia
- Grenada
How they compare
Grenada currently reports 0.0499 approx. -2.5 to +2.5 against 0.0134 approx. -2.5 to +2.5 in Colombia, a difference of 0.0365 approx. -2.5 to +2.5.
That makes Grenada's figure about 3.7 times Colombia's.
The two have swapped places 4 times across 26 shared years of data; in 1996 it was Grenada ahead.
Colombia ranks 94th and Grenada ranks 91st of 204 countries.
Across the 4 decades both report, Colombia averaged higher in 2 and Grenada in 2.
Head to head by decade
| Decade | Colombia | Grenada | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -0.32 approx. -2.5 to +2.5 | 0.3671 approx. -2.5 to +2.5 | 0.6871 approx. -2.5 to +2.5 | Grenada |
| 2000s | 0.0271 approx. -2.5 to +2.5 | 0.2548 approx. -2.5 to +2.5 | 0.2277 approx. -2.5 to +2.5 | Grenada |
| 2010s | 0.2081 approx. -2.5 to +2.5 | 0.0895 approx. -2.5 to +2.5 | 0.1185 approx. -2.5 to +2.5 | Colombia |
| 2020s | 0.1468 approx. -2.5 to +2.5 | -0.0221 approx. -2.5 to +2.5 | 0.1689 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, Colombia or Grenada?
- Grenada, at 0.0499 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 Colombia and Grenada?
- 0.0365 approx. -2.5 to +2.5, with Grenada ahead.
- How many years of comparable data are there for Colombia and Grenada?
- 26 years are reported by both, from 1996 to 2024.
- How do Colombia and Grenada rank globally for regulatory quality - governance estimate?
- Colombia ranks 94th and Grenada ranks 91st 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.