Sri Lanka vs Viet Nam: Regulatory Quality - Governance estimate
Regulatory Quality - Governance estimate over time
- Sri Lanka
- Viet Nam
How they compare
Viet Nam currently reports -0.2668 approx. -2.5 to +2.5 against -0.2992 approx. -2.5 to +2.5 in Sri Lanka, a difference of 0.0324 approx. -2.5 to +2.5.
The two have swapped places 1 time across 26 shared years of data; in 1996 it was Sri Lanka ahead.
Sri Lanka ranks 120th and Viet Nam ranks 117th of 204 countries.
Sri Lanka has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Sri Lanka | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -0.1858 approx. -2.5 to +2.5 | -0.7957 approx. -2.5 to +2.5 | 0.6099 approx. -2.5 to +2.5 | Sri Lanka |
| 2000s | -0.1027 approx. -2.5 to +2.5 | -0.5772 approx. -2.5 to +2.5 | 0.4745 approx. -2.5 to +2.5 | Sri Lanka |
| 2010s | -0.0637 approx. -2.5 to +2.5 | -0.424 approx. -2.5 to +2.5 | 0.3604 approx. -2.5 to +2.5 | Sri Lanka |
| 2020s | -0.2823 approx. -2.5 to +2.5 | -0.2948 approx. -2.5 to +2.5 | 0.0125 approx. -2.5 to +2.5 | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher regulatory quality - governance estimate, Sri Lanka or Viet Nam?
- Viet Nam, at -0.2668 approx. -2.5 to +2.5 against -0.2992 approx. -2.5 to +2.5 in Sri Lanka as of 2024.
- What is the difference in regulatory quality - governance estimate between Sri Lanka and Viet Nam?
- 0.0324 approx. -2.5 to +2.5, with Viet Nam ahead.
- How many years of comparable data are there for Sri Lanka and Viet Nam?
- 26 years are reported by both, from 1996 to 2024.
- How do Sri Lanka and Viet Nam rank globally for regulatory quality - governance estimate?
- Sri Lanka ranks 120th and Viet Nam ranks 117th 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.