India: Regulatory quality

The latest value from 2023 is -0.14 points, a decline from -0.05 points in 2022. In comparison, the world average is -0.03 points, based on data from 193 countries. Historically, the average for India from 1996 to 2023 is -0.32 points. The minimum value, -0.55 points, was reached in 1996 while the maximum of -0.05 points was recorded in 2022. 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.