Montenegro vs Thailand: Regulatory Quality - Governance estimate

Montenegro
0.1273 approx. -2.5 to +2.5
in 2024
Thailand
0.1064 approx. -2.5 to +2.5
in 2024
Montenegro rank
81st
Thailand rank
83rd

Regulatory Quality - Governance estimate over time

  • Montenegro
  • Thailand
-0.4-0.200.20.4199620102024

How they compare

Montenegro currently reports 0.1273 approx. -2.5 to +2.5 against 0.1064 approx. -2.5 to +2.5 in Thailand, a difference of 0.0209 approx. -2.5 to +2.5.

That makes Montenegro's figure about 1.2 times Thailand's.

The two have swapped places 1 time across 19 shared years of data; in 2006 it was Thailand ahead.

Montenegro ranks 81st and Thailand ranks 83rd of 204 countries.

Across the 3 decades both report, Montenegro averaged higher in 2 and Thailand in 1.

Head to head by decade

Decade Montenegro Thailand Difference Ahead
2000s -0.1248 approx. -2.5 to +2.5 0.1778 approx. -2.5 to +2.5 0.3026 approx. -2.5 to +2.5 Thailand
2010s 0.1673 approx. -2.5 to +2.5 0.1552 approx. -2.5 to +2.5 0.0121 approx. -2.5 to +2.5 Montenegro
2020s 0.2102 approx. -2.5 to +2.5 0.1056 approx. -2.5 to +2.5 0.1046 approx. -2.5 to +2.5 Montenegro

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Montenegro or Thailand?
Montenegro, at 0.1273 approx. -2.5 to +2.5 against 0.1064 approx. -2.5 to +2.5 in Thailand as of 2024.
What is the difference in regulatory quality - governance estimate between Montenegro and Thailand?
0.0209 approx. -2.5 to +2.5, with Montenegro ahead.
How many years of comparable data are there for Montenegro and Thailand?
19 years are reported by both, from 2006 to 2024.
How do Montenegro and Thailand rank globally for regulatory quality - governance estimate?
Montenegro ranks 81st and Thailand ranks 83rd 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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Montenegro vs Thailand: Regulatory Quality - Governance estimate. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 20 August 2026, from https://reference.statizoid.com/compare/regulatory-quality-governance-estimate-approx-2-5-to-2-5/montenegro/thailand/

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<a href="https://reference.statizoid.com/compare/regulatory-quality-governance-estimate-approx-2-5-to-2-5/montenegro/thailand/">Montenegro vs Thailand: 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.