Regulatory quality index (-2.5 weak; 2.5 strong), 2021 - Country rankings:
The average for 2021 based on 192 countries was -0.03 points.The highest value was in Singapore: 2.23 points and the lowest value was in North Korea: -2.33 points. The indicator is available from 1996 to 2021. Below is a chart for all countries where data are available.
Measure: points; Source: The World Bank
* indicates monthly or quarterly data series
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.