Cape Verde vs Grenada: Regulatory Quality - Governance estimate
Regulatory Quality - Governance estimate over time
- Cape Verde
- Grenada
How they compare
Grenada currently reports 0.0499 approx. -2.5 to +2.5 against 0.0451 approx. -2.5 to +2.5 in Cape Verde, a difference of 0.0047 approx. -2.5 to +2.5.
That makes Grenada's figure about 1.1 times Cape Verde's.
The two have swapped places 2 times across 26 shared years of data; in 1996 it was Grenada ahead.
Globally, Cape Verde ranks 93rd and Grenada ranks 91st of 204 countries.
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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.