Iraq vs Nicaragua: Regulatory Quality - Governance estimate (approx. -2.5 to +2.5)

Iraq
-1.01 approx. -2.5 to +2.5
in 2025
Nicaragua
-0.943 approx. -2.5 to +2.5
in 2025
Iraq rank
179th
Nicaragua rank
176th

Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) over time

  • Iraq
  • Nicaragua
-2-1.5-1-0.50199620102025

How they compare

Nicaragua currently reports -0.943 approx. -2.5 to +2.5 against -1.01 approx. -2.5 to +2.5 in Iraq, a difference of 0.067 approx. -2.5 to +2.5.

Across all 27 years both countries report, Nicaragua has been ahead every year.

Iraq ranks 179th and Nicaragua ranks 176th of 206 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 -2.02 approx. -2.5 to +2.5 -0.5416 approx. -2.5 to +2.5 1.48 approx. -2.5 to +2.5 Nicaragua
2000s -1.53 approx. -2.5 to +2.5 -0.3364 approx. -2.5 to +2.5 1.2 approx. -2.5 to +2.5 Nicaragua
2010s -1.07 approx. -2.5 to +2.5 -0.4307 approx. -2.5 to +2.5 0.6362 approx. -2.5 to +2.5 Nicaragua
2020s -1.18 approx. -2.5 to +2.5 -0.8775 approx. -2.5 to +2.5 0.3051 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 -0.943 approx. -2.5 to +2.5 against -1.01 approx. -2.5 to +2.5 in Iraq as of 2025.
What is the difference in regulatory quality - governance estimate between Iraq and Nicaragua?
0.067 approx. -2.5 to +2.5, with Nicaragua ahead.
How many years of comparable data are there for Iraq and Nicaragua?
27 years are reported by both, from 1996 to 2025.
How do Iraq and Nicaragua rank globally for regulatory quality - governance estimate?
Iraq ranks 179th and Nicaragua ranks 176th of 206 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.

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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 13 November 2026, from https://reference.statizoid.com/compare/regulatory-quality-governance-estimate-approx-2-5-to-2-5/iraq/nicaragua/

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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
206 places, 5,391 data points, 1996–2025
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.