Guyana: Regulatory quality

The latest value from 2024 is -0.45 points, an increase from -0.67 points in 2023. In comparison, the world average is -0.02 points, based on data from 193 countries. Historically, the average for Guyana from 1996 to 2024 is -0.51 points. The minimum value, -0.67 points, was reached in 2023 while the maximum of -0.17 points was recorded in 1998. See the global rankings 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.