Brazil: Regulatory quality

The latest value from 2023 is -0.3 points, a decline from -0.22 points in 2022. In comparison, the world average is -0.03 points, based on data from 193 countries. Historically, the average for Brazil from 1996 to 2023 is 0.03 points. The minimum value, -0.3 points, was reached in 2023 while the maximum of 0.33 points was recorded in 1998. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

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.