
India: Regulatory quality
* indicates monthly or quarterly data series
| India |
Regulatory quality index (-2.5 weak; 2.5 strong) |
|---|---|
| Latest value | -0.10 |
| Year | 2024 |
| Measure | points |
| Data availability | 1996 - 2024 |
| Average | -0.28 |
| Min - Max | -0.64 - -0.09 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is -0.1 points, an increase from -0.13 points in 2023. In comparison, the world average is -0.02 points, based on data from 193 countries. Historically, the average for India from 1996 to 2024 is -0.28 points. The minimum value, -0.64 points, was reached in 1996 while the maximum of -0.09 points was recorded in 2022.
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* indicates monthly or quarterly data series
| Recent values | India: Regulatory quality |
|---|---|
| 2024 | -0.10 |
| 2023 | -0.13 |
| 2022 | -0.09 |
| 2021 | -0.17 |
| 2020 | -0.15 |
| 2019 | -0.10 |
| 2018 | -0.16 |
| 2017 | -0.22 |
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 | -0.04 | 2024 | points |
| Government effectiveness | 0.40 | 2024 | points |
| Control of corruption | -0.30 | 2024 | points |
| Regulatory quality | -0.10 | 2024 | points |
| Voice and accountability | -0.08 | 2024 | points |
| Political stability | -0.79 | 2024 | points |
| Corruption perceptions - Transparency International | 39 | 2025 | points |
| Political rights | 2 | 2025 | points |
| Civil liberties | 4 | 2025 | points |
| Informal economy, MIMIC method | 21.70 | 2020 | percent |
| Informal economy, DGE method | 15.90 | 2020 | percent |