Saint Vincent and the Grenadines vs Thailand: Regulatory Quality - Governance estimate
Regulatory Quality - Governance estimate over time
- Saint Vincent and the Grenadines
- Thailand
How they compare
Thailand currently reports 0.1064 approx. -2.5 to +2.5 against 0.1062 approx. -2.5 to +2.5 in Saint Vincent and the Grenadines, a difference of 0.0002 approx. -2.5 to +2.5.
The two have swapped places 4 times across 21 shared years of data; in 2004 it was Thailand ahead.
Saint Vincent and the Grenadines ranks 84th and Thailand ranks 83rd of 204 countries.
Saint Vincent and the Grenadines has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Saint Vincent and the Grenadines | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.428 approx. -2.5 to +2.5 | 0.2226 approx. -2.5 to +2.5 | 0.2053 approx. -2.5 to +2.5 | Saint Vincent and the Grenadines |
| 2010s | 0.38 approx. -2.5 to +2.5 | 0.1552 approx. -2.5 to +2.5 | 0.2248 approx. -2.5 to +2.5 | Saint Vincent and the Grenadines |
| 2020s | 0.1204 approx. -2.5 to +2.5 | 0.1056 approx. -2.5 to +2.5 | 0.0148 approx. -2.5 to +2.5 | Saint Vincent and the Grenadines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher regulatory quality - governance estimate, Saint Vincent and the Grenadines or Thailand?
- Thailand, at 0.1064 approx. -2.5 to +2.5 against 0.1062 approx. -2.5 to +2.5 in Saint Vincent and the Grenadines as of 2024.
- What is the difference in regulatory quality - governance estimate between Saint Vincent and the Grenadines and Thailand?
- 0.0002 approx. -2.5 to +2.5, with Thailand ahead.
- How many years of comparable data are there for Saint Vincent and the Grenadines and Thailand?
- 21 years are reported by both, from 2004 to 2024.
- How do Saint Vincent and the Grenadines and Thailand rank globally for regulatory quality - governance estimate?
- Saint Vincent and the Grenadines ranks 84th 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
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.