Cape Verde vs Grenada: Regulatory Quality - Governance estimate

Cape Verde
0.0451 approx. -2.5 to +2.5
in 2024
Grenada
0.0499 approx. -2.5 to +2.5
in 2024
Cape Verde rank
93rd
Grenada rank
91st

Regulatory Quality - Governance estimate over time

  • Cape Verde
  • Grenada
-0.6-0.4-0.2-00.20.4199620102024

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.

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.