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. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 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
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