Belgium: Regulatory quality

* indicates monthly or quarterly data series
 Belgium

Regulatory quality index (-2.5 weak; 2.5 strong)

 Latest value 1.25
 Year 2022
 Measure points
 Data availability 1996 - 2022
 Average 1.27
 Min - Max 1.01 - 1.42
 Source The World Bank
The latest value from 2022 is 1.25 points, a decline from 1.33 points in 2021. In comparison, the world average is -0.04 points, based on data from 193 countries. Historically, the average for Belgium from 1996 to 2022 is 1.27 points. The minimum value, 1.01 points, was reached in 1998 while the maximum of 1.42 points was recorded in 2007. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Belgium - Regulatory quality - Recent values chart

Historical series
Belgium - Regulatory quality - historical chart - 1996-2022




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 1.35 2022 points
 Government effectiveness 1.23 2022 points
 Control of corruption 1.50 2022 points
 Regulatory quality 1.25 2022 points
 Voice and accountability 1.29 2022 points
 Political stability 0.58 2022 points
 Corruption perceptions - Transparency International 73 2023 points
 Political rights 1 2024 points
 Civil liberties 1 2024 points
 Competitiveness 76.40 2019 points
 Cost of starting a business 5.30 2019 percent of per capita GNI
 Shadow economy 17.80 2015 percent
 Informal economy, MIMIC method 22.10 2020 percent
 Informal economy, DGE method 20.20 2020 percent
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