Austria vs Lithuania: Regulatory Quality - Governance estimate

Austria
1.35 approx. -2.5 to +2.5
in 2024
Lithuania
1.29 approx. -2.5 to +2.5
in 2024
Austria rank
21st
Lithuania rank
24th

Regulatory Quality - Governance estimate over time

  • Austria
  • Lithuania
0.511.52199620102024

How they compare

Austria currently reports 1.35 approx. -2.5 to +2.5 against 1.29 approx. -2.5 to +2.5 in Lithuania, a difference of 0.0595 approx. -2.5 to +2.5.

Across all 26 years both countries report, Austria has been ahead every year.

Globally, Austria ranks 21st and Lithuania ranks 24th of 204 countries.

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.