Latvia vs Venezuela: Regulatory Quality - Standard error of the governance estimate
Latvia
0.1969
in 2025
Venezuela
0.1972
in 2025
Latvia rank
118th
Venezuela rank
116th
Regulatory Quality - Standard error of the governance estimate over time
- Latvia
- Venezuela
How they compare
Venezuela currently reports 0.1972 against 0.1969 in Latvia, a difference of 0.0003.
The two have swapped places 3 times across 27 shared years of data; in 1996 it was Latvia ahead.
Latvia ranks 118th and Venezuela ranks 116th of 206 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.2528 | 0.2377 | 0.015 | Latvia |
| 2000s | 0.2126 | 0.2092 | 0.0035 | Latvia |
| 2010s | 0.2085 | 0.1923 | 0.0162 | Latvia |
| 2020s | 0.1994 | 0.1941 | 0.0053 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher regulatory quality - standard error of the governance estimate, Latvia or Venezuela?
- Venezuela, at 0.1972 against 0.1969 in Latvia as of 2025.
- What is the difference in regulatory quality - standard error of the governance estimate between Latvia and Venezuela?
- 0.0003, with Venezuela ahead.
- How many years of comparable data are there for Latvia and Venezuela?
- 27 years are reported by both, from 1996 to 2025.
- How do Latvia and Venezuela rank globally for regulatory quality - standard error of the governance estimate?
- Latvia ranks 118th and Venezuela ranks 116th of 206 countries.
- Where does this data come from?
- The World Bank, published as Regulatory Quality - Standard error of the governance estimate. Statizoid refreshes it automatically from the source and publishes the full history for both places.