Greece vs Kuwait: Regulatory Quality - Governance estimate

Greece
0.4797 approx. -2.5 to +2.5
in 2024
Kuwait
0.4035 approx. -2.5 to +2.5
in 2024
Greece rank
60th
Kuwait rank
63rd

Regulatory Quality - Governance estimate over time

  • Greece
  • Kuwait
-0.500.51199620102024

How they compare

Greece currently reports 0.4797 approx. -2.5 to +2.5 against 0.4035 approx. -2.5 to +2.5 in Kuwait, a difference of 0.0762 approx. -2.5 to +2.5.

That makes Greece's figure about 1.2 times Kuwait's.

The two have swapped places 2 times across 26 shared years of data; in 1996 it was Greece ahead.

Greece ranks 60th and Kuwait ranks 63rd of 204 countries.

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

Head to head by decade

Decade Greece Kuwait Difference Ahead
1990s 0.5099 approx. -2.5 to +2.5 -0.31 approx. -2.5 to +2.5 0.8198 approx. -2.5 to +2.5 Greece
2000s 0.8146 approx. -2.5 to +2.5 0.2244 approx. -2.5 to +2.5 0.5901 approx. -2.5 to +2.5 Greece
2010s 0.2531 approx. -2.5 to +2.5 0.0959 approx. -2.5 to +2.5 0.1572 approx. -2.5 to +2.5 Greece
2020s 0.4508 approx. -2.5 to +2.5 0.2544 approx. -2.5 to +2.5 0.1963 approx. -2.5 to +2.5 Greece

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Greece or Kuwait?
Greece, at 0.4797 approx. -2.5 to +2.5 against 0.4035 approx. -2.5 to +2.5 in Kuwait as of 2024.
What is the difference in regulatory quality - governance estimate between Greece and Kuwait?
0.0762 approx. -2.5 to +2.5, with Greece ahead.
How many years of comparable data are there for Greece and Kuwait?
26 years are reported by both, from 1996 to 2024.
How do Greece and Kuwait rank globally for regulatory quality - governance estimate?
Greece ranks 60th and Kuwait ranks 63rd 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.