Nicaragua vs Suriname: Regulatory Quality - Governance estimate

Nicaragua
-0.991 approx. -2.5 to +2.5
in 2024
Suriname
-0.9187 approx. -2.5 to +2.5
in 2024
Nicaragua rank
176th
Suriname rank
173rd

Regulatory Quality - Governance estimate over time

  • Nicaragua
  • Suriname
-1-0.8-0.6-0.4-0.2199620102024

How they compare

Suriname currently reports -0.9187 approx. -2.5 to +2.5 against -0.991 approx. -2.5 to +2.5 in Nicaragua, a difference of 0.0723 approx. -2.5 to +2.5.

The two have swapped places 7 times across 26 shared years of data; in 1996 it was Nicaragua ahead.

Nicaragua ranks 176th and Suriname ranks 173rd of 204 countries.

Across the 4 decades both report, Nicaragua averaged higher in 3 and Suriname in 1.

Head to head by decade

Decade Nicaragua Suriname Difference Ahead
1990s -0.6943 approx. -2.5 to +2.5 -0.9863 approx. -2.5 to +2.5 0.292 approx. -2.5 to +2.5 Nicaragua
2000s -0.3646 approx. -2.5 to +2.5 -0.6626 approx. -2.5 to +2.5 0.298 approx. -2.5 to +2.5 Nicaragua
2010s -0.4487 approx. -2.5 to +2.5 -0.5528 approx. -2.5 to +2.5 0.1041 approx. -2.5 to +2.5 Nicaragua
2020s -0.9146 approx. -2.5 to +2.5 -0.7384 approx. -2.5 to +2.5 0.1762 approx. -2.5 to +2.5 Suriname

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Nicaragua or Suriname?
Suriname, at -0.9187 approx. -2.5 to +2.5 against -0.991 approx. -2.5 to +2.5 in Nicaragua as of 2024.
What is the difference in regulatory quality - governance estimate between Nicaragua and Suriname?
0.0723 approx. -2.5 to +2.5, with Suriname ahead.
How many years of comparable data are there for Nicaragua and Suriname?
26 years are reported by both, from 1996 to 2024.
How do Nicaragua and Suriname rank globally for regulatory quality - governance estimate?
Nicaragua ranks 176th and Suriname ranks 173rd 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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Nicaragua vs Suriname: Regulatory Quality - Governance estimate. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 23 August 2026, from https://reference.statizoid.com/compare/regulatory-quality-governance-estimate-approx-2-5-to-2-5/nicaragua/suriname/

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<a href="https://reference.statizoid.com/compare/regulatory-quality-governance-estimate-approx-2-5-to-2-5/nicaragua/suriname/">Nicaragua vs Suriname: 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.