China vs Mongolia: Regulatory Quality - Governance estimate

China
-0.0713 approx. -2.5 to +2.5
in 2024
Mongolia
-0.0707 approx. -2.5 to +2.5
in 2024
China rank
99th
Mongolia rank
98th

Regulatory Quality - Governance estimate over time

  • China
  • Mongolia
-0.6-0.4-0.2-0199620102024

How they compare

Mongolia currently reports -0.0707 approx. -2.5 to +2.5 against -0.0713 approx. -2.5 to +2.5 in China, a difference of 0.0005 approx. -2.5 to +2.5.

The two have swapped places 9 times across 26 shared years of data; in 1996 it was China ahead.

Globally, China ranks 99th and Mongolia ranks 98th 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.