Palau vs Spain: Regulatory Quality - Governance estimate

Palau
0.4812 approx. -2.5 to +2.5
in 2024
Spain
0.6208 approx. -2.5 to +2.5
in 2024
Palau rank
58th
Spain rank
55th

Regulatory Quality - Governance estimate over time

  • Palau
  • Spain
-0.500.511.5199620102024

How they compare

Spain currently reports 0.6208 approx. -2.5 to +2.5 against 0.4812 approx. -2.5 to +2.5 in Palau, a difference of 0.1396 approx. -2.5 to +2.5.

That makes Spain's figure about 1.3 times Palau's.

Across all 17 years both countries report, Spain has been ahead every year.

Palau ranks 58th and Spain ranks 55th of 204 countries.

Spain has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Palau Spain Difference Ahead
2000s -0.743 approx. -2.5 to +2.5 1.16 approx. -2.5 to +2.5 1.9 approx. -2.5 to +2.5 Spain
2010s -0.0948 approx. -2.5 to +2.5 0.8988 approx. -2.5 to +2.5 0.9937 approx. -2.5 to +2.5 Spain
2020s 0.414 approx. -2.5 to +2.5 0.7824 approx. -2.5 to +2.5 0.3684 approx. -2.5 to +2.5 Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Palau or Spain?
Spain, at 0.6208 approx. -2.5 to +2.5 against 0.4812 approx. -2.5 to +2.5 in Palau as of 2024.
What is the difference in regulatory quality - governance estimate between Palau and Spain?
0.1396 approx. -2.5 to +2.5, with Spain ahead.
How many years of comparable data are there for Palau and Spain?
17 years are reported by both, from 2008 to 2024.
How do Palau and Spain rank globally for regulatory quality - governance estimate?
Palau ranks 58th and Spain ranks 55th 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.