Mongolia vs Panama: Regulatory Quality - Governance estimate

Mongolia
-0.0707 approx. -2.5 to +2.5
in 2024
Panama
-0.0738 approx. -2.5 to +2.5
in 2024
Mongolia rank
98th
Panama rank
100th

Regulatory Quality - Governance estimate over time

  • Mongolia
  • Panama
-0.5-0.2500.250.5199620102024

How they compare

Mongolia currently reports -0.0707 approx. -2.5 to +2.5 against -0.0738 approx. -2.5 to +2.5 in Panama, a difference of 0.0031 approx. -2.5 to +2.5.

The two have swapped places 1 time across 26 shared years of data; in 1996 it was Panama ahead.

Mongolia ranks 98th and Panama ranks 100th of 204 countries.

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

Head to head by decade

Decade Mongolia Panama Difference Ahead
1990s -0.4211 approx. -2.5 to +2.5 0.3883 approx. -2.5 to +2.5 0.8094 approx. -2.5 to +2.5 Panama
2000s -0.1951 approx. -2.5 to +2.5 0.3853 approx. -2.5 to +2.5 0.5804 approx. -2.5 to +2.5 Panama
2010s -0.2159 approx. -2.5 to +2.5 0.4135 approx. -2.5 to +2.5 0.6294 approx. -2.5 to +2.5 Panama
2020s -0.1138 approx. -2.5 to +2.5 0.094 approx. -2.5 to +2.5 0.2078 approx. -2.5 to +2.5 Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Mongolia or Panama?
Mongolia, at -0.0707 approx. -2.5 to +2.5 against -0.0738 approx. -2.5 to +2.5 in Panama as of 2024.
What is the difference in regulatory quality - governance estimate between Mongolia and Panama?
0.0031 approx. -2.5 to +2.5, with Mongolia ahead.
How many years of comparable data are there for Mongolia and Panama?
26 years are reported by both, from 1996 to 2024.
How do Mongolia and Panama rank globally for regulatory quality - governance estimate?
Mongolia ranks 98th and Panama ranks 100th 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

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.