Ecuador vs Laos: Regulatory Quality - Governance estimate

Ecuador
-0.6464 approx. -2.5 to +2.5
in 2024
Laos
-0.636 approx. -2.5 to +2.5
in 2024
Ecuador rank
150th
Laos rank
148th

Regulatory Quality - Governance estimate over time

  • Ecuador
  • Laos
-1.5-1-0.50199620102024

How they compare

Laos currently reports -0.636 approx. -2.5 to +2.5 against -0.6464 approx. -2.5 to +2.5 in Ecuador, a difference of 0.0104 approx. -2.5 to +2.5.

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

Ecuador ranks 150th and Laos ranks 148th of 204 countries.

Across the 4 decades both report, Ecuador averaged higher in 3 and Laos in 1.

Head to head by decade

Decade Ecuador Laos Difference Ahead
1990s -0.2981 approx. -2.5 to +2.5 -1.38 approx. -2.5 to +2.5 1.08 approx. -2.5 to +2.5 Ecuador
2000s -0.9158 approx. -2.5 to +2.5 -1.25 approx. -2.5 to +2.5 0.3372 approx. -2.5 to +2.5 Ecuador
2010s -0.9308 approx. -2.5 to +2.5 -0.7841 approx. -2.5 to +2.5 0.1466 approx. -2.5 to +2.5 Laos
2020s -0.6031 approx. -2.5 to +2.5 -0.7485 approx. -2.5 to +2.5 0.1455 approx. -2.5 to +2.5 Ecuador

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Ecuador or Laos?
Laos, at -0.636 approx. -2.5 to +2.5 against -0.6464 approx. -2.5 to +2.5 in Ecuador as of 2024.
What is the difference in regulatory quality - governance estimate between Ecuador and Laos?
0.0104 approx. -2.5 to +2.5, with Laos ahead.
How many years of comparable data are there for Ecuador and Laos?
26 years are reported by both, from 1996 to 2024.
How do Ecuador and Laos rank globally for regulatory quality - governance estimate?
Ecuador ranks 150th and Laos ranks 148th 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.