North Korea: Regulatory quality

* indicates monthly or quarterly data series
 North Korea

Regulatory quality index (-2.5 weak; 2.5 strong)

 Latest value -2.39
 Year 2022
 Measure points
 Data availability 1996 - 2022
 Average -2.31
 Min - Max -2.53 - -1.88
 Source The World Bank
The latest value from 2022 is -2.39 points, a decline from -2.34 points in 2021. In comparison, the world average is -0.04 points, based on data from 193 countries. Historically, the average for North Korea from 1996 to 2022 is -2.31 points. The minimum value, -2.53 points, was reached in 2012 while the maximum of -1.88 points was recorded in 2002. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
North Korea - Regulatory quality - Recent values chart

Historical series
North Korea - Regulatory quality - historical chart - 1996-2022




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 -1.66 2022 points
 Government effectiveness -1.46 2022 points
 Control of corruption -1.61 2022 points
 Regulatory quality -2.39 2022 points
 Voice and accountability -2.02 2022 points
 Political stability -0.41 2022 points
 Corruption perceptions - Transparency International 17 2023 points
 Political rights 7 2024 points
 Civil liberties 7 2024 points
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