Nicaragua vs Russian Federation: Regulatory Quality - Governance estimate
Regulatory Quality - Governance estimate over time
- Nicaragua
- Russian Federation
How they compare
Nicaragua currently reports -0.991 approx. -2.5 to +2.5 against -1.07 approx. -2.5 to +2.5 in Russian Federation, a difference of 0.079 approx. -2.5 to +2.5.
The two have swapped places 7 times across 26 shared years of data; in 1996 it was Russian Federation ahead.
Nicaragua ranks 176th and Russian Federation ranks 179th of 204 countries.
Across the 4 decades both report, Nicaragua averaged higher in 1 and Russian Federation in 3.
Head to head by decade
| Decade | Nicaragua | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -0.6943 approx. -2.5 to +2.5 | -0.7208 approx. -2.5 to +2.5 | 0.0265 approx. -2.5 to +2.5 | Nicaragua |
| 2000s | -0.3646 approx. -2.5 to +2.5 | -0.3296 approx. -2.5 to +2.5 | 0.035 approx. -2.5 to +2.5 | Russian Federation |
| 2010s | -0.4487 approx. -2.5 to +2.5 | -0.4079 approx. -2.5 to +2.5 | 0.0408 approx. -2.5 to +2.5 | Russian Federation |
| 2020s | -0.9146 approx. -2.5 to +2.5 | -0.7332 approx. -2.5 to +2.5 | 0.1814 approx. -2.5 to +2.5 | Russian Federation |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher regulatory quality - governance estimate, Nicaragua or Russian Federation?
- Nicaragua, at -0.991 approx. -2.5 to +2.5 against -1.07 approx. -2.5 to +2.5 in Russian Federation as of 2024.
- What is the difference in regulatory quality - governance estimate between Nicaragua and Russian Federation?
- 0.079 approx. -2.5 to +2.5, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and Russian Federation?
- 26 years are reported by both, from 1996 to 2024.
- How do Nicaragua and Russian Federation rank globally for regulatory quality - governance estimate?
- Nicaragua ranks 176th and Russian Federation ranks 179th 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
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.