Democratic People’s Republic of Korea vs Libya: Regulatory Quality - Governance estimate

Democratic People’s Republic of Korea
-1.87 approx. -2.5 to +2.5
in 2024
Libya
-1.74 approx. -2.5 to +2.5
in 2024
Democratic People’s Republic of Korea rank
200th
Libya rank
199th

Regulatory Quality - Governance estimate over time

  • Democratic People’s Republic of Korea
  • Libya
-2.5-2-1.5-1199620102024

How they compare

Libya currently reports -1.74 approx. -2.5 to +2.5 against -1.87 approx. -2.5 to +2.5 in Democratic People’s Republic of Korea, a difference of 0.13 approx. -2.5 to +2.5.

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

Democratic People’s Republic of Korea ranks 200th and Libya ranks 199th of 204 countries.

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

Head to head by decade

Decade Democratic People’s Republic of Korea Libya Difference Ahead
1990s -2.18 approx. -2.5 to +2.5 -1.76 approx. -2.5 to +2.5 0.4154 approx. -2.5 to +2.5 Libya
2000s -2.09 approx. -2.5 to +2.5 -1.36 approx. -2.5 to +2.5 0.7289 approx. -2.5 to +2.5 Libya
2010s -2.1 approx. -2.5 to +2.5 -1.78 approx. -2.5 to +2.5 0.3178 approx. -2.5 to +2.5 Libya
2020s -1.92 approx. -2.5 to +2.5 -1.87 approx. -2.5 to +2.5 0.0464 approx. -2.5 to +2.5 Libya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Democratic People’s Republic of Korea or Libya?
Libya, at -1.74 approx. -2.5 to +2.5 against -1.87 approx. -2.5 to +2.5 in Democratic People’s Republic of Korea as of 2024.
What is the difference in regulatory quality - governance estimate between Democratic People’s Republic of Korea and Libya?
0.13 approx. -2.5 to +2.5, with Libya ahead.
How many years of comparable data are there for Democratic People’s Republic of Korea and Libya?
26 years are reported by both, from 1996 to 2024.
How do Democratic People’s Republic of Korea and Libya rank globally for regulatory quality - governance estimate?
Democratic People’s Republic of Korea ranks 200th and Libya ranks 199th 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.

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Democratic People’s Republic of Korea vs Libya: 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/korea-dem-people-s-rep/libya/

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<a href="https://reference.statizoid.com/compare/regulatory-quality-governance-estimate-approx-2-5-to-2-5/korea-dem-people-s-rep/libya/">Democratic People’s Republic of Korea vs Libya: 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.