Lao PDR | Rule of Law: Standard Error

Rule of Law captures perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. Standard error indicates the precision of the estimate of governance. Larger values of the standard error indicate less precise estimates. A 90 percent confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.
Publisher
The World Bank
Origin
Lao People's Democratic Republic
Records
24
Source
Lao PDR | Rule of Law: Standard Error
1996 0.32034823
1998 0.29636618
2000 0.26078579
2002 0.25404295
2003 0.24997872
2004 0.24134597
2005 0.21151036
2006 0.17913838
2007 0.17772096
2008 0.16812265
2009 0.15319063
2010 0.14869492
2011 0.14376314
2012 0.15195878
2013 0.14815256
2014 0.16265523
2015 0.1607933
2016 0.18159299
2017 0.1703985
2018 0.16340265
2019 0.16523843
2020 0.16119908
2021 0.17121196
2022 0.17798267

Lao PDR | Rule of Law: Standard Error

Rule of Law captures perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. Standard error indicates the precision of the estimate of governance. Larger values of the standard error indicate less precise estimates. A 90 percent confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.
Publisher
The World Bank
Origin
Lao People's Democratic Republic
Records
24
Source