Grenada vs Serbia: Regulatory Quality - Governance estimate

Grenada
0.0499 approx. -2.5 to +2.5
in 2024
Serbia
0.0784 approx. -2.5 to +2.5
in 2024
Grenada rank
91st
Serbia rank
88th

Regulatory Quality - Governance estimate over time

  • Grenada
  • Serbia
-2-1.5-1-0.500.5199620102024

How they compare

Serbia currently reports 0.0784 approx. -2.5 to +2.5 against 0.0499 approx. -2.5 to +2.5 in Grenada, a difference of 0.0285 approx. -2.5 to +2.5.

That makes Serbia's figure about 1.6 times Grenada's.

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

Grenada ranks 91st and Serbia ranks 88th of 204 countries.

Across the 4 decades both report, Grenada averaged higher in 3 and Serbia in 1.

Head to head by decade

Decade Grenada Serbia Difference Ahead
1990s 0.3671 approx. -2.5 to +2.5 -1.61 approx. -2.5 to +2.5 1.98 approx. -2.5 to +2.5 Grenada
2000s 0.2548 approx. -2.5 to +2.5 -0.7602 approx. -2.5 to +2.5 1.02 approx. -2.5 to +2.5 Grenada
2010s 0.0895 approx. -2.5 to +2.5 -0.0843 approx. -2.5 to +2.5 0.1738 approx. -2.5 to +2.5 Grenada
2020s -0.0221 approx. -2.5 to +2.5 0.0747 approx. -2.5 to +2.5 0.0968 approx. -2.5 to +2.5 Serbia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Grenada or Serbia?
Serbia, at 0.0784 approx. -2.5 to +2.5 against 0.0499 approx. -2.5 to +2.5 in Grenada as of 2024.
What is the difference in regulatory quality - governance estimate between Grenada and Serbia?
0.0285 approx. -2.5 to +2.5, with Serbia ahead.
How many years of comparable data are there for Grenada and Serbia?
26 years are reported by both, from 1996 to 2024.
How do Grenada and Serbia rank globally for regulatory quality - governance estimate?
Grenada ranks 91st and Serbia ranks 88th 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.