Republic of the Congo: Regulatory quality
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Republic of the Congo |
Regulatory quality index (-2.5 weak; 2.5 strong) |
---|---|
Latest value | -1.26 |
Year | 2022 |
Measure | points |
Data availability | 1996 - 2022 |
Average | -1.25 |
Min - Max | -1.45 - -1.00 |
Source | The World Bank |
The latest value from 2022 is -1.26 points, a decline from -1.23 points in 2021. In comparison, the world average is -0.04 points, based on data from 193 countries. Historically, the average for the Republic of the Congo from 1996 to 2022 is -1.25 points. The minimum value, -1.45 points, was reached in 2020 while the maximum of -1 points was recorded in 2002.
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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 | -1.09 | 2022 | points |
Government effectiveness | -1.37 | 2022 | points |
Control of corruption | -1.36 | 2022 | points |
Regulatory quality | -1.26 | 2022 | points |
Voice and accountability | -1.20 | 2022 | points |
Political stability | -0.02 | 2022 | points |
Corruption perceptions - Transparency International | 22 | 2023 | points |
Political rights | 7 | 2024 | points |
Civil liberties | 6 | 2024 | points |
Cost of starting a business | 62.20 | 2019 | percent of per capita GNI |
Shadow economy | 35.05 | 2015 | percent |
Informal economy, MIMIC method | 52.50 | 2020 | percent |
Informal economy, DGE method | 38.40 | 2020 | percent |