Palau vs Spain: Regulatory Quality - Governance estimate
Regulatory Quality - Governance estimate over time
- Palau
- Spain
How they compare
Spain currently reports 0.6208 approx. -2.5 to +2.5 against 0.4812 approx. -2.5 to +2.5 in Palau, a difference of 0.1397 approx. -2.5 to +2.5.
That makes Spain's figure about 1.3 times Palau's.
Across all 17 years both countries report, Spain has been ahead every year.
Globally, Palau ranks 58th and Spain ranks 55th of 204 countries.
Individual pages
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.