Libya vs Venezuela: Regulatory Quality - Governance score

Libya
27.43 0-100
in 2024
Venezuela
24.85 0-100
in 2024
Libya rank
199th
Venezuela rank
201st

Regulatory Quality - Governance score over time

  • Libya
  • Venezuela
010203040199620102024

How they compare

Libya currently reports 27.43 0-100 against 24.85 0-100 in Venezuela, a difference of 2.58 0-100.

That makes Libya's figure about 1.1 times Venezuela's.

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

Libya ranks 199th and Venezuela ranks 201st of 204 countries.

Across the 4 decades both report, Libya averaged higher in 1 and Venezuela in 3.

Head to head by decade

Decade Libya Venezuela Difference Ahead
1990s 27.07 0-100 43.45 0-100 16.38 0-100 Venezuela
2000s 33.47 0-100 36.88 0-100 3.4 0-100 Venezuela
2010s 26.83 0-100 27.74 0-100 0.9096 0-100 Venezuela
2020s 25.35 0-100 23.41 0-100 1.94 0-100 Libya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance score, Libya or Venezuela?
Libya, at 27.43 0-100 against 24.85 0-100 in Venezuela as of 2024.
What is the difference in regulatory quality - governance score between Libya and Venezuela?
2.58 0-100, with Libya ahead.
How many years of comparable data are there for Libya and Venezuela?
26 years are reported by both, from 1996 to 2024.
How do Libya and Venezuela rank globally for regulatory quality - governance score?
Libya ranks 199th and Venezuela ranks 201st 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 score (0-100). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Regulatory Quality - Governance score (0-100)
Unit
0-100
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 score is a linear transformation of the governance estimate using hypothetical worst-case and base-case countries. It is an absolute score ranging from 0-100. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) confidence intervals (lower and upper bound). The number of sources indicates the number of underlying data sources on which the governance score (respectively the underlying governance estimate) is based. The confidence intervals include the lower and upper bound of the 90% confidence interval for the governance score. Confidence intervals are a statistical range of values that likely contain the true value (of what is being estimated).