Vanuatu: Regulatory quality

* indicates monthly or quarterly data series
 Vanuatu

Regulatory quality index (-2.5 weak; 2.5 strong)

 Latest value -0.12
 Year 2023
 Measure points
 Data availability 2004 - 2023
 Average -0.36
 Min - Max -0.78 - 0.25
 Source The World Bank
The latest value from 2023 is -0.12 points, a decline from -0.09 points in 2022. In comparison, the world average is -0.03 points, based on data from 193 countries. Historically, the average for Vanuatu from 2004 to 2023 is -0.36 points. The minimum value, -0.78 points, was reached in 2010 while the maximum of 0.25 points was recorded in 2005. 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
Vanuatu - Regulatory quality - Recent values chart

Historical series
Vanuatu - Regulatory quality - historical chart - 2004-2023




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 0.14 2023 points
 Government effectiveness -0.57 2023 points
 Control of corruption -0.01 2023 points
 Regulatory quality -0.12 2023 points
 Voice and accountability 0.63 2023 points
 Political stability 0.93 2023 points
 Corruption perceptions - Transparency International 48 2023 points
 Political rights 2 2024 points
 Civil liberties 2 2024 points
 Cost of starting a business 42.50 2019 percent of per capita GNI
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