Korea, Democratic People's Republic of vs Turkmenistan: Regulatory Quality - Governance estimate
Regulatory Quality - Governance estimate over time
- Korea, Democratic People's Republic of
- Turkmenistan
How they compare
Turkmenistan currently reports -1.69 approx. -2.5 to +2.5 against -1.87 approx. -2.5 to +2.5 in Korea, Democratic People's Republic of, a difference of 0.18 approx. -2.5 to +2.5.
The two have swapped places 6 times across 26 shared years of data; in 1996 it was Turkmenistan ahead.
Korea, Democratic People's Republic of ranks 201st and Turkmenistan ranks 198th of 205 countries.
Turkmenistan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Korea, Democratic People's Republic of | Turkmenistan | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -2.18 approx. -2.5 to +2.5 | -2.14 approx. -2.5 to +2.5 | 0.0407 approx. -2.5 to +2.5 | Turkmenistan |
| 2000s | -2.09 approx. -2.5 to +2.5 | -1.96 approx. -2.5 to +2.5 | 0.1286 approx. -2.5 to +2.5 | Turkmenistan |
| 2010s | -2.1 approx. -2.5 to +2.5 | -1.78 approx. -2.5 to +2.5 | 0.3176 approx. -2.5 to +2.5 | Turkmenistan |
| 2020s | -1.92 approx. -2.5 to +2.5 | -1.71 approx. -2.5 to +2.5 | 0.2103 approx. -2.5 to +2.5 | Turkmenistan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher regulatory quality - governance estimate, Korea, Democratic People's Republic of or Turkmenistan?
- Turkmenistan, at -1.69 approx. -2.5 to +2.5 against -1.87 approx. -2.5 to +2.5 in Korea, Democratic People's Republic of as of 2024.
- What is the difference in regulatory quality - governance estimate between Korea, Democratic People's Republic of and Turkmenistan?
- 0.18 approx. -2.5 to +2.5, with Turkmenistan ahead.
- How many years of comparable data are there for Korea, Democratic People's Republic of and Turkmenistan?
- 26 years are reported by both, from 1996 to 2024.
- How do Korea, Democratic People's Republic of and Turkmenistan rank globally for regulatory quality - governance estimate?
- Korea, Democratic People's Republic of ranks 201st and Turkmenistan ranks 198th of 205 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.