Peru vs Thailand: Regulatory Quality - Governance estimate

Peru
0.0828 approx. -2.5 to +2.5
in 2024
Thailand
0.1064 approx. -2.5 to +2.5
in 2024
Peru rank
86th
Thailand rank
83rd

Regulatory Quality - Governance estimate over time

  • Peru
  • Thailand
-0.200.20.40.6199620102024

How they compare

Thailand currently reports 0.1064 approx. -2.5 to +2.5 against 0.0828 approx. -2.5 to +2.5 in Peru, a difference of 0.0236 approx. -2.5 to +2.5.

That makes Thailand's figure about 1.3 times Peru's.

The two have swapped places 5 times across 26 shared years of data; in 1996 it was Peru ahead.

Peru ranks 86th and Thailand ranks 83rd of 204 countries.

Across the 4 decades both report, Peru averaged higher in 3 and Thailand in 1.

Head to head by decade

Decade Peru Thailand Difference Ahead
1990s 0.432 approx. -2.5 to +2.5 -0.0908 approx. -2.5 to +2.5 0.5229 approx. -2.5 to +2.5 Peru
2000s 0.1045 approx. -2.5 to +2.5 0.2148 approx. -2.5 to +2.5 0.1103 approx. -2.5 to +2.5 Thailand
2010s 0.2952 approx. -2.5 to +2.5 0.1552 approx. -2.5 to +2.5 0.14 approx. -2.5 to +2.5 Peru
2020s 0.1187 approx. -2.5 to +2.5 0.1056 approx. -2.5 to +2.5 0.0131 approx. -2.5 to +2.5 Peru

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Peru or Thailand?
Thailand, at 0.1064 approx. -2.5 to +2.5 against 0.0828 approx. -2.5 to +2.5 in Peru as of 2024.
What is the difference in regulatory quality - governance estimate between Peru and Thailand?
0.0236 approx. -2.5 to +2.5, with Thailand ahead.
How many years of comparable data are there for Peru and Thailand?
26 years are reported by both, from 1996 to 2024.
How do Peru and Thailand rank globally for regulatory quality - governance estimate?
Peru ranks 86th 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.

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.