Iraq vs Nicaragua: Regulatory Quality - Governance estimate

Iraq
-1.03 approx. -2.5 to +2.5
in 2024
Nicaragua
-0.991 approx. -2.5 to +2.5
in 2024
Iraq rank
177th
Nicaragua rank
176th

Regulatory Quality - Governance estimate over time

  • Iraq
  • Nicaragua
-2-1.5-1-0.50199620102024

How they compare

Nicaragua currently reports -0.991 approx. -2.5 to +2.5 against -1.03 approx. -2.5 to +2.5 in Iraq, a difference of 0.039 approx. -2.5 to +2.5.

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

Iraq ranks 177th and Nicaragua ranks 176th of 204 countries.

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

Head to head by decade

Decade Iraq Nicaragua Difference Ahead
1990s -2.06 approx. -2.5 to +2.5 -0.6943 approx. -2.5 to +2.5 1.37 approx. -2.5 to +2.5 Nicaragua
2000s -1.52 approx. -2.5 to +2.5 -0.3646 approx. -2.5 to +2.5 1.15 approx. -2.5 to +2.5 Nicaragua
2010s -1.04 approx. -2.5 to +2.5 -0.4487 approx. -2.5 to +2.5 0.5873 approx. -2.5 to +2.5 Nicaragua
2020s -1.19 approx. -2.5 to +2.5 -0.9146 approx. -2.5 to +2.5 0.2746 approx. -2.5 to +2.5 Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Iraq or Nicaragua?
Nicaragua, at -0.991 approx. -2.5 to +2.5 against -1.03 approx. -2.5 to +2.5 in Iraq as of 2024.
What is the difference in regulatory quality - governance estimate between Iraq and Nicaragua?
0.039 approx. -2.5 to +2.5, with Nicaragua ahead.
How many years of comparable data are there for Iraq and Nicaragua?
26 years are reported by both, from 1996 to 2024.
How do Iraq and Nicaragua rank globally for regulatory quality - governance estimate?
Iraq ranks 177th and Nicaragua ranks 176th 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

Share, cite or embed this page

Cite this page

Iraq vs Nicaragua: Regulatory Quality - Governance estimate. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 21 August 2026, from https://reference.statizoid.com/compare/regulatory-quality-governance-estimate-approx-2-5-to-2-5/iraq/nicaragua/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/compare/regulatory-quality-governance-estimate-approx-2-5-to-2-5/iraq/nicaragua/">Iraq vs Nicaragua: Regulatory Quality - Governance estimate</a> — Statizoid

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.