Ghana vs Mongolia: Regulatory Quality - Governance estimate

Ghana
-0.0899 approx. -2.5 to +2.5
in 2024
Mongolia
-0.0707 approx. -2.5 to +2.5
in 2024
Ghana rank
101st
Mongolia rank
98th

Regulatory Quality - Governance estimate over time

  • Ghana
  • Mongolia
-0.8-0.6-0.4-0.2-0199620102024

How they compare

Mongolia currently reports -0.0707 approx. -2.5 to +2.5 against -0.0899 approx. -2.5 to +2.5 in Ghana, a difference of 0.0192 approx. -2.5 to +2.5.

The two have swapped places 6 times across 26 shared years of data; in 1996 it was Mongolia ahead.

Ghana ranks 101st and Mongolia ranks 98th of 204 countries.

Across the 4 decades both report, Ghana averaged higher in 1 and Mongolia in 3.

Head to head by decade

Decade Ghana Mongolia Difference Ahead
1990s -0.4721 approx. -2.5 to +2.5 -0.4211 approx. -2.5 to +2.5 0.051 approx. -2.5 to +2.5 Mongolia
2000s -0.2807 approx. -2.5 to +2.5 -0.1951 approx. -2.5 to +2.5 0.0856 approx. -2.5 to +2.5 Mongolia
2010s -0.1116 approx. -2.5 to +2.5 -0.2159 approx. -2.5 to +2.5 0.1042 approx. -2.5 to +2.5 Ghana
2020s -0.1519 approx. -2.5 to +2.5 -0.1138 approx. -2.5 to +2.5 0.0381 approx. -2.5 to +2.5 Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Ghana or Mongolia?
Mongolia, at -0.0707 approx. -2.5 to +2.5 against -0.0899 approx. -2.5 to +2.5 in Ghana as of 2024.
What is the difference in regulatory quality - governance estimate between Ghana and Mongolia?
0.0192 approx. -2.5 to +2.5, with Mongolia ahead.
How many years of comparable data are there for Ghana and Mongolia?
26 years are reported by both, from 1996 to 2024.
How do Ghana and Mongolia rank globally for regulatory quality - governance estimate?
Ghana ranks 101st and Mongolia ranks 98th 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.