Costa Rica vs Palau: Regulatory Quality - Governance estimate
Regulatory Quality - Governance estimate over time
- Costa Rica
- Palau
How they compare
Costa Rica currently reports 0.5818 approx. -2.5 to +2.5 against 0.4812 approx. -2.5 to +2.5 in Palau, a difference of 0.1006 approx. -2.5 to +2.5.
That makes Costa Rica's figure about 1.2 times Palau's.
Across all 17 years both countries report, Costa Rica has been ahead every year.
Costa Rica ranks 56th and Palau ranks 58th of 204 countries.
Costa Rica has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Costa Rica | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.7414 approx. -2.5 to +2.5 | -0.743 approx. -2.5 to +2.5 | 1.48 approx. -2.5 to +2.5 | Costa Rica |
| 2010s | 0.6281 approx. -2.5 to +2.5 | -0.0948 approx. -2.5 to +2.5 | 0.7229 approx. -2.5 to +2.5 | Costa Rica |
| 2020s | 0.5697 approx. -2.5 to +2.5 | 0.414 approx. -2.5 to +2.5 | 0.1557 approx. -2.5 to +2.5 | Costa Rica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher regulatory quality - governance estimate, Costa Rica or Palau?
- Costa Rica, at 0.5818 approx. -2.5 to +2.5 against 0.4812 approx. -2.5 to +2.5 in Palau as of 2024.
- What is the difference in regulatory quality - governance estimate between Costa Rica and Palau?
- 0.1006 approx. -2.5 to +2.5, with Costa Rica ahead.
- How many years of comparable data are there for Costa Rica and Palau?
- 17 years are reported by both, from 2008 to 2024.
- How do Costa Rica and Palau rank globally for regulatory quality - governance estimate?
- Costa Rica ranks 56th and Palau ranks 58th 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.