
Bahamas: Regulatory quality
* indicates monthly or quarterly data series
| Bahamas |
Regulatory quality index (-2.5 weak; 2.5 strong) |
|---|---|
| Latest value | -0.11 |
| Year | 2024 |
| Measure | points |
| Data availability | 1996 - 2024 |
| Average | 0.57 |
| Min - Max | -0.11 - 1.35 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is -0.11 points, a decline from -0.09 points in 2023. In comparison, the world average is -0.02 points, based on data from 193 countries. Historically, the average for the Bahamas from 1996 to 2024 is 0.57 points. The minimum value, -0.11 points, was reached in 2024 while the maximum of 1.35 points was recorded in 2002.
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* indicates monthly or quarterly data series
| Recent values | Bahamas: Regulatory quality |
|---|---|
| 2024 | -0.11 |
| 2023 | -0.09 |
| 2022 | -0.07 |
| 2021 | -0.02 |
| 2020 | -0.01 |
| 2019 | 0.00 |
| 2018 | 0.14 |
| 2017 | 0.07 |
Definition: The index of Regulatory Quality captures perceptions of the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Rule of law | 0.25 | 2024 | points |
| Government effectiveness | 0.71 | 2024 | points |
| Control of corruption | 1.23 | 2024 | points |
| Regulatory quality | -0.11 | 2024 | points |
| Voice and accountability | 0.55 | 2024 | points |
| Political stability | 1.05 | 2024 | points |
| Corruption perceptions - Transparency International | 64 | 2025 | points |
| Political rights | 1 | 2025 | points |
| Civil liberties | 2 | 2025 | points |
| Informal economy, MIMIC method | 31.30 | 2020 | percent |
| Informal economy, DGE method | 23.80 | 2020 | percent |