Georgia vs Uruguay: Regulatory Quality - Governance estimate

Georgia
0.65 approx. -2.5 to +2.5
in 2024
Uruguay
0.6468 approx. -2.5 to +2.5
in 2024
Georgia rank
50th
Uruguay rank
51st

Regulatory Quality - Governance estimate over time

  • Georgia
  • Uruguay
-1-0.500.51199620102024

How they compare

Georgia currently reports 0.65 approx. -2.5 to +2.5 against 0.6468 approx. -2.5 to +2.5 in Uruguay, a difference of 0.0032 approx. -2.5 to +2.5.

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

Georgia ranks 50th and Uruguay ranks 51st of 204 countries.

Across the 4 decades both report, Georgia averaged higher in 2 and Uruguay in 2.

Head to head by decade

Decade Georgia Uruguay Difference Ahead
1990s -0.9338 approx. -2.5 to +2.5 0.5569 approx. -2.5 to +2.5 1.49 approx. -2.5 to +2.5 Uruguay
2000s -0.1417 approx. -2.5 to +2.5 0.4064 approx. -2.5 to +2.5 0.5481 approx. -2.5 to +2.5 Uruguay
2010s 0.7977 approx. -2.5 to +2.5 0.6554 approx. -2.5 to +2.5 0.1422 approx. -2.5 to +2.5 Georgia
2020s 0.7762 approx. -2.5 to +2.5 0.7084 approx. -2.5 to +2.5 0.0677 approx. -2.5 to +2.5 Georgia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Georgia or Uruguay?
Georgia, at 0.65 approx. -2.5 to +2.5 against 0.6468 approx. -2.5 to +2.5 in Uruguay as of 2024.
What is the difference in regulatory quality - governance estimate between Georgia and Uruguay?
0.0032 approx. -2.5 to +2.5, with Georgia ahead.
How many years of comparable data are there for Georgia and Uruguay?
26 years are reported by both, from 1996 to 2024.
How do Georgia and Uruguay rank globally for regulatory quality - governance estimate?
Georgia ranks 50th and Uruguay ranks 51st 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.