Hong Kong vs Luxembourg: Regulatory Quality - Governance estimate
Regulatory Quality - Governance estimate over time
- Hong Kong
- Luxembourg
How they compare
Luxembourg currently reports 1.84 approx. -2.5 to +2.5 against 1.74 approx. -2.5 to +2.5 in Hong Kong, a difference of 0.1 approx. -2.5 to +2.5.
That makes Luxembourg's figure about 1.1 times Hong Kong's.
The two have swapped places 5 times across 26 shared years of data; in 1996 it was Hong Kong ahead.
Hong Kong ranks 8th and Luxembourg ranks 5th of 204 countries.
Across the 4 decades both report, Hong Kong averaged higher in 3 and Luxembourg in 1.
Head to head by decade
| Decade | Hong Kong | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.38 approx. -2.5 to +2.5 | 1.33 approx. -2.5 to +2.5 | 0.043 approx. -2.5 to +2.5 | Hong Kong |
| 2000s | 2.02 approx. -2.5 to +2.5 | 1.89 approx. -2.5 to +2.5 | 0.1281 approx. -2.5 to +2.5 | Hong Kong |
| 2010s | 2.06 approx. -2.5 to +2.5 | 1.72 approx. -2.5 to +2.5 | 0.3459 approx. -2.5 to +2.5 | Hong Kong |
| 2020s | 1.76 approx. -2.5 to +2.5 | 1.84 approx. -2.5 to +2.5 | 0.0814 approx. -2.5 to +2.5 | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher regulatory quality - governance estimate, Hong Kong or Luxembourg?
- Luxembourg, at 1.84 approx. -2.5 to +2.5 against 1.74 approx. -2.5 to +2.5 in Hong Kong as of 2024.
- What is the difference in regulatory quality - governance estimate between Hong Kong and Luxembourg?
- 0.1 approx. -2.5 to +2.5, with Luxembourg ahead.
- How many years of comparable data are there for Hong Kong and Luxembourg?
- 26 years are reported by both, from 1996 to 2024.
- How do Hong Kong and Luxembourg rank globally for regulatory quality - governance estimate?
- Hong Kong ranks 8th and Luxembourg ranks 5th 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
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.