Ghana vs Panama: Regulatory Quality - Governance estimate

Ghana
-0.0899 approx. -2.5 to +2.5
in 2024
Panama
-0.0738 approx. -2.5 to +2.5
in 2024
Ghana rank
101st
Panama rank
100th

Regulatory Quality - Governance estimate over time

  • Ghana
  • Panama
-0.500.5199620102024

How they compare

Panama currently reports -0.0738 approx. -2.5 to +2.5 against -0.0899 approx. -2.5 to +2.5 in Ghana, a difference of 0.0161 approx. -2.5 to +2.5.

Across all 26 years both countries report, Panama has been ahead every year.

Ghana ranks 101st and Panama ranks 100th of 204 countries.

Panama has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Ghana Panama Difference Ahead
1990s -0.4721 approx. -2.5 to +2.5 0.3883 approx. -2.5 to +2.5 0.8604 approx. -2.5 to +2.5 Panama
2000s -0.2807 approx. -2.5 to +2.5 0.3853 approx. -2.5 to +2.5 0.666 approx. -2.5 to +2.5 Panama
2010s -0.1116 approx. -2.5 to +2.5 0.4135 approx. -2.5 to +2.5 0.5252 approx. -2.5 to +2.5 Panama
2020s -0.1519 approx. -2.5 to +2.5 0.094 approx. -2.5 to +2.5 0.2459 approx. -2.5 to +2.5 Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Ghana or Panama?
Panama, at -0.0738 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 Panama?
0.0161 approx. -2.5 to +2.5, with Panama ahead.
How many years of comparable data are there for Ghana and Panama?
26 years are reported by both, from 1996 to 2024.
How do Ghana and Panama rank globally for regulatory quality - governance estimate?
Ghana ranks 101st and Panama ranks 100th 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.