Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) by country
Regulatory Quality (RQ) captures perceptions of the government’s ability to design and implement policies and regulations that promote private sector development. Governance estimate from the aggregation model, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5. Larger values...
Countries reporting
205
Highest
2.13 approx. -2.5 to +2.5
Singapore
Lowest
-2.04 approx. -2.5 to +2.5
Eritrea
Median
-0.0961 approx. -2.5 to +2.5
Years covered
29
1996–2024
Data points
5,160
What the numbers show
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) is currently reported for 205 countries. The highest value is 2.13 approx. -2.5 to +2.5 in Singapore; the lowest is -2.04 approx. -2.5 to +2.5 in Eritrea.
The median across all reporting countries is -0.0961 approx. -2.5 to +2.5, and the mean is -0.0292 approx. -2.5 to +2.5.
Over the past decade 106 countries rose and 99 fell. The largest increase was in Indonesia (up 4,327.7%), and the largest decrease in Sri Lanka (down 4,614.8%).
Regulatory Quality - Governance estimate: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Singapore | 2.13 approx. -2.5 to +2.5 | 2024 | down 1.3% | rising |
| 2 | Finland | 1.96 approx. -2.5 to +2.5 | 2024 | up 4.5% | rising |
| 3 | Denmark | 1.93 approx. -2.5 to +2.5 | 2024 | up 16.2% | rising |
| 4 | New Zealand | 1.84 approx. -2.5 to +2.5 | 2024 | down 8.3% | rising |
| 5 | Luxembourg | 1.84 approx. -2.5 to +2.5 | 2024 | up 16.0% | flat |
| 6 | Ireland | 1.79 approx. -2.5 to +2.5 | 2024 | up 8.4% | flat |
| 7 | Switzerland | 1.77 approx. -2.5 to +2.5 | 2024 | down 7.5% | rising |
| 8 | Hong Kong | 1.74 approx. -2.5 to +2.5 | 2024 | down 12.6% | rising |
| 9 | Australia | 1.72 approx. -2.5 to +2.5 | 2024 | down 1.4% | rising |
| 10 | Netherlands | 1.72 approx. -2.5 to +2.5 | 2024 | up 3.5% | falling |
| 11 | Sweden | 1.67 approx. -2.5 to +2.5 | 2024 | down 3.1% | rising |
| 12 | Norway | 1.67 approx. -2.5 to +2.5 | 2024 | down 5.4% | rising |
| 13 | Liechtenstein | 1.54 approx. -2.5 to +2.5 | 2024 | down 1.3% | falling |
| 14 | United Kingdom | 1.51 approx. -2.5 to +2.5 | 2024 | down 12.8% | falling |
| 15 | Greenland | 1.5 approx. -2.5 to +2.5 | 2024 | up 0.5% | falling |
| 16 | Germany | 1.5 approx. -2.5 to +2.5 | 2024 | down 3.8% | rising |
| 17 | Estonia | 1.4 approx. -2.5 to +2.5 | 2024 | down 8.0% | rising |
| 18 | Macao | 1.37 approx. -2.5 to +2.5 | 2024 | down 19.5% | rising |
| 19 | Canada | 1.36 approx. -2.5 to +2.5 | 2024 | down 19.0% | flat |
| 20 | United States | 1.35 approx. -2.5 to +2.5 | 2024 | up 5.2% | falling |
| 21 | Austria | 1.35 approx. -2.5 to +2.5 | 2024 | up 2.5% | falling |
| 22 | Iceland | 1.33 approx. -2.5 to +2.5 | 2024 | up 11.0% | flat |
| 23 | Japan | 1.33 approx. -2.5 to +2.5 | 2024 | up 2.3% | rising |
| 24 | Lithuania | 1.29 approx. -2.5 to +2.5 | 2024 | up 27.8% | rising |
| 25 | Belgium | 1.24 approx. -2.5 to +2.5 | 2024 | up 33.1% | flat |
| 26 | Czechia | 1.23 approx. -2.5 to +2.5 | 2024 | up 51.6% | rising |
| 27 | France | 1.15 approx. -2.5 to +2.5 | 2024 | up 11.0% | rising |
| 28 | United Arab Emirates | 1.13 approx. -2.5 to +2.5 | 2024 | up 4.8% | rising |
| 29 | Israel | 1.11 approx. -2.5 to +2.5 | 2024 | up 7.2% | rising |
| 30 | Monaco | 1.1 approx. -2.5 to +2.5 | 2024 | down 17.8% | falling |
| 30 | United States Virgin Islands | 1.1 approx. -2.5 to +2.5 | 2024 | up 78.1% | rising |
| 32 | Latvia | 1.1 approx. -2.5 to +2.5 | 2024 | up 8.0% | rising |
| 33 | Cayman Islands | 1.07 approx. -2.5 to +2.5 | 2024 | up 11.7% | falling |
| 34 | South Korea | 1.01 approx. -2.5 to +2.5 | 2024 | up 2.0% | rising |
| 35 | Aruba | 0.9809 approx. -2.5 to +2.5 | 2024 | down 21.2% | falling |
| 36 | Qatar | 0.9663 approx. -2.5 to +2.5 | 2024 | up 37.8% | volatile |
| 37 | Bahrain | 0.9502 approx. -2.5 to +2.5 | 2024 | up 51.7% | rising |
| 38 | Mauritius | 0.94 approx. -2.5 to +2.5 | 2024 | down 17.3% | rising |
| 39 | Brunei | 0.887 approx. -2.5 to +2.5 | 2024 | down 12.5% | falling |
| 40 | San Marino | 0.8653 approx. -2.5 to +2.5 | 2024 | down 0.2% | flat |
| 41 | Slovenia | 0.7982 approx. -2.5 to +2.5 | 2024 | up 47.8% | falling |
| 42 | Chile | 0.7807 approx. -2.5 to +2.5 | 2024 | down 41.0% | falling |
| 43 | Portugal | 0.7402 approx. -2.5 to +2.5 | 2024 | up 23.8% | falling |
| 44 | Cyprus | 0.7396 approx. -2.5 to +2.5 | 2024 | down 25.1% | falling |
| 45 | Saudi Arabia | 0.7103 approx. -2.5 to +2.5 | 2024 | up 264.9% | volatile |
| 46 | Oman | 0.6875 approx. -2.5 to +2.5 | 2024 | down 11.4% | rising |
| 47 | Poland | 0.6858 approx. -2.5 to +2.5 | 2024 | down 20.8% | rising |
| 48 | Malaysia | 0.6805 approx. -2.5 to +2.5 | 2024 | down 22.9% | rising |
| 49 | Puerto Rico | 0.6528 approx. -2.5 to +2.5 | 2024 | down 29.9% | falling |
| 50 | Georgia | 0.65 approx. -2.5 to +2.5 | 2024 | down 20.7% | volatile |
| 51 | Uruguay | 0.6468 approx. -2.5 to +2.5 | 2024 | down 10.3% | rising |
| 52 | Italy | 0.6401 approx. -2.5 to +2.5 | 2024 | up 69.2% | falling |
| 53 | Antigua and Barbuda | 0.6346 approx. -2.5 to +2.5 | 2024 | up 66.1% | rising |
| 54 | Bermuda | 0.6285 approx. -2.5 to +2.5 | 2024 | up 1.6% | falling |
| 55 | Spain | 0.6208 approx. -2.5 to +2.5 | 2024 | down 10.9% | falling |
| 56 | Costa Rica | 0.5818 approx. -2.5 to +2.5 | 2024 | up 10.9% | rising |
| 57 | Malta | 0.4916 approx. -2.5 to +2.5 | 2024 | down 43.7% | falling |
| 58 | Palau | 0.4812 approx. -2.5 to +2.5 | 2024 | up 192.8% | volatile |
| 59 | Saint Kitts and Nevis | 0.48 approx. -2.5 to +2.5 | 2024 | up 230.3% | volatile |
| 60 | Greece | 0.4797 approx. -2.5 to +2.5 | 2024 | up 212.1% | volatile |
| 61 | Barbados | 0.4405 approx. -2.5 to +2.5 | 2024 | up 20.9% | falling |
| 62 | Slovakia | 0.4047 approx. -2.5 to +2.5 | 2024 | down 44.4% | flat |
| 63 | Kuwait | 0.4035 approx. -2.5 to +2.5 | 2024 | up 720.2% | volatile |
| 64 | Botswana | 0.4019 approx. -2.5 to +2.5 | 2024 | down 44.4% | falling |
| 65 | American Samoa | 0.3917 approx. -2.5 to +2.5 | 2024 | up 169.6% | volatile |
| 65 | Guam | 0.3917 approx. -2.5 to +2.5 | 2024 | up 169.6% | volatile |
| 67 | Seychelles | 0.3897 approx. -2.5 to +2.5 | 2024 | up 540.3% | volatile |
| 68 | Romania | 0.3835 approx. -2.5 to +2.5 | 2024 | down 1.1% | volatile |
| 69 | Hungary | 0.335 approx. -2.5 to +2.5 | 2024 | down 23.0% | falling |
| 70 | Bulgaria | 0.288 approx. -2.5 to +2.5 | 2024 | down 6.6% | volatile |
| 71 | Croatia | 0.2859 approx. -2.5 to +2.5 | 2024 | up 140.1% | volatile |
| 72 | Jordan | 0.276 approx. -2.5 to +2.5 | 2024 | up 163.9% | volatile |
| 73 | Rwanda | 0.2696 approx. -2.5 to +2.5 | 2024 | up 126.1% | volatile |
| 74 | North Macedonia | 0.2663 approx. -2.5 to +2.5 | 2024 | down 5.0% | volatile |
| 75 | Dominican Republic | 0.2073 approx. -2.5 to +2.5 | 2024 | up 239.1% | volatile |
| 76 | Saint Lucia | 0.1818 approx. -2.5 to +2.5 | 2024 | down 57.2% | falling |
| 77 | Armenia | 0.138 approx. -2.5 to +2.5 | 2024 | up 11.8% | volatile |
| 78 | Albania | 0.1357 approx. -2.5 to +2.5 | 2024 | up 140.1% | volatile |
| 79 | Namibia | 0.1349 approx. -2.5 to +2.5 | 2024 | down 24.2% | volatile |
| 80 | Azerbaijan | 0.1349 approx. -2.5 to +2.5 | 2024 | up 148.7% | volatile |
| 81 | Montenegro | 0.1273 approx. -2.5 to +2.5 | 2024 | down 44.6% | volatile |
| 82 | Indonesia | 0.1247 approx. -2.5 to +2.5 | 2024 | up 4,327.7% | volatile |
| 83 | Thailand | 0.1064 approx. -2.5 to +2.5 | 2024 | down 33.4% | volatile |
| 84 | Saint Vincent and the Grenadines | 0.1062 approx. -2.5 to +2.5 | 2024 | down 75.6% | volatile |
| 85 | Jamaica | 0.0909 approx. -2.5 to +2.5 | 2024 | up 64.8% | volatile |
| 86 | Peru | 0.0828 approx. -2.5 to +2.5 | 2024 | down 68.2% | volatile |
| 87 | Philippines | 0.0793 approx. -2.5 to +2.5 | 2024 | up 32.9% | volatile |
| 88 | Serbia | 0.0784 approx. -2.5 to +2.5 | 2024 | up 4,305.4% | volatile |
| 89 | Fiji | 0.0651 approx. -2.5 to +2.5 | 2024 | up 126.4% | volatile |
| 90 | Dominica | 0.0598 approx. -2.5 to +2.5 | 2024 | down 84.2% | volatile |
| 91 | Grenada | 0.0499 approx. -2.5 to +2.5 | 2024 | down 19.6% | volatile |
| 92 | Kazakhstan | 0.0471 approx. -2.5 to +2.5 | 2024 | up 131.7% | volatile |
| 93 | Cape Verde | 0.0451 approx. -2.5 to +2.5 | 2024 | up 123.1% | volatile |
| 94 | Colombia | 0.0134 approx. -2.5 to +2.5 | 2024 | down 94.8% | volatile |
| 95 | Morocco | -0.0267 approx. -2.5 to +2.5 | 2024 | down 153.3% | volatile |
| 96 | Moldova | -0.0467 approx. -2.5 to +2.5 | 2024 | up 65.7% | volatile |
| 97 | South Africa | -0.0601 approx. -2.5 to +2.5 | 2024 | down 115.0% | volatile |
| 98 | Mongolia | -0.0707 approx. -2.5 to +2.5 | 2024 | up 77.1% | volatile |
| 99 | China | -0.0713 approx. -2.5 to +2.5 | 2024 | up 57.8% | volatile |
| 100 | Panama | -0.0738 approx. -2.5 to +2.5 | 2024 | down 119.1% | falling |
| 101 | Ghana | -0.0899 approx. -2.5 to +2.5 | 2024 | up 35.0% | volatile |
| 102 | Bhutan | -0.0913 approx. -2.5 to +2.5 | 2024 | up 87.5% | volatile |
| 103 | India | -0.0961 approx. -2.5 to +2.5 | 2024 | up 74.8% | volatile |
| 104 | Samoa | -0.1017 approx. -2.5 to +2.5 | 2024 | down 182.3% | volatile |
| 105 | Bahamas | -0.1073 approx. -2.5 to +2.5 | 2024 | down 130.1% | volatile |
| 106 | Paraguay | -0.1412 approx. -2.5 to +2.5 | 2024 | up 52.1% | volatile |
| 107 | Cote d'Ivoire | -0.167 approx. -2.5 to +2.5 | 2024 | up 69.6% | rising |
| 108 | El Salvador | -0.1762 approx. -2.5 to +2.5 | 2024 | down 192.6% | volatile |
| 109 | Tonga | -0.1945 approx. -2.5 to +2.5 | 2024 | up 32.3% | rising |
| 110 | Mexico | -0.1958 approx. -2.5 to +2.5 | 2024 | down 194.0% | volatile |
| 111 | Trinidad and Tobago | -0.2066 approx. -2.5 to +2.5 | 2024 | down 253.8% | volatile |
| 112 | Turkey | -0.2112 approx. -2.5 to +2.5 | 2024 | down 157.3% | volatile |
| 113 | Kosovo | -0.2229 approx. -2.5 to +2.5 | 2024 | down 4.5% | falling |
| 113 | Kosovo (UNSCR 1244) | -0.2229 approx. -2.5 to +2.5 | 2024 | down 4.5% | falling |
| 115 | Argentina | -0.235 approx. -2.5 to +2.5 | 2024 | up 76.8% | volatile |
| 116 | Maldives | -0.2354 approx. -2.5 to +2.5 | 2024 | up 10.5% | volatile |
| 117 | Senegal | -0.2416 approx. -2.5 to +2.5 | 2024 | up 9.1% | rising |
| 118 | Vietnam | -0.2668 approx. -2.5 to +2.5 | 2024 | up 45.2% | rising |
| 119 | Benin | -0.2773 approx. -2.5 to +2.5 | 2024 | up 50.3% | rising |
| 120 | Brazil | -0.2945 approx. -2.5 to +2.5 | 2024 | down 707.0% | volatile |
| 121 | Sri Lanka | -0.2992 approx. -2.5 to +2.5 | 2024 | down 4,614.8% | volatile |
| 122 | Ukraine | -0.3009 approx. -2.5 to +2.5 | 2024 | up 51.7% | rising |
| 123 | Guatemala | -0.3094 approx. -2.5 to +2.5 | 2024 | up 34.6% | flat |
| 124 | Vanuatu | -0.3248 approx. -2.5 to +2.5 | 2024 | down 24.0% | rising |
| 125 | Kenya | -0.3336 approx. -2.5 to +2.5 | 2024 | down 2.3% | rising |
| 126 | Bosnia and Herzegovina | -0.3498 approx. -2.5 to +2.5 | 2024 | down 88.2% | volatile |
| 127 | Tunisia | -0.3901 approx. -2.5 to +2.5 | 2024 | down 10.4% | volatile |
| 128 | Tuvalu | -0.4022 approx. -2.5 to +2.5 | 2024 | up 43.6% | rising |
| 129 | Togo | -0.4081 approx. -2.5 to +2.5 | 2024 | up 50.8% | rising |
| 130 | Zambia | -0.4207 approx. -2.5 to +2.5 | 2024 | up 4.8% | rising |
| 131 | Guyana | -0.4475 approx. -2.5 to +2.5 | 2024 | up 22.7% | falling |
| 132 | Belize | -0.4501 approx. -2.5 to +2.5 | 2024 | up 18.7% | volatile |
| 133 | Palestine | -0.4676 approx. -2.5 to +2.5 | 2024 | down 224.4% | volatile |
| 134 | Lesotho | -0.4849 approx. -2.5 to +2.5 | 2024 | down 9.4% | flat |
| 135 | Egypt | -0.4995 approx. -2.5 to +2.5 | 2024 | up 32.7% | falling |
| 136 | Kiribati | -0.5014 approx. -2.5 to +2.5 | 2024 | up 24.8% | rising |
| 137 | Kyrgyzstan | -0.5167 approx. -2.5 to +2.5 | 2024 | up 4.6% | falling |
| 138 | Uganda | -0.5243 approx. -2.5 to +2.5 | 2024 | down 28.5% | falling |
| 139 | Nauru | -0.5245 approx. -2.5 to +2.5 | 2024 | up 43.8% | rising |
| 140 | Burkina Faso | -0.5256 approx. -2.5 to +2.5 | 2024 | down 49.0% | falling |
| 141 | Uzbekistan | -0.5267 approx. -2.5 to +2.5 | 2024 | up 64.1% | rising |
| 142 | Tanzania | -0.5354 approx. -2.5 to +2.5 | 2024 | down 26.6% | falling |
| 143 | Nepal | -0.5523 approx. -2.5 to +2.5 | 2024 | up 22.9% | flat |
| 144 | Malawi | -0.585 approx. -2.5 to +2.5 | 2024 | up 19.0% | falling |
| 145 | Papua New Guinea | -0.6004 approx. -2.5 to +2.5 | 2024 | down 132.0% | rising |
| 146 | Honduras | -0.628 approx. -2.5 to +2.5 | 2024 | down 7.5% | rising |
| 147 | Cambodia | -0.6314 approx. -2.5 to +2.5 | 2024 | down 3.1% | falling |
| 148 | Nigeria | -0.6333 approx. -2.5 to +2.5 | 2024 | up 20.2% | rising |
| 149 | Laos | -0.636 approx. -2.5 to +2.5 | 2024 | up 14.7% | rising |
| 150 | Eswatini | -0.638 approx. -2.5 to +2.5 | 2024 | down 67.6% | falling |
| 151 | Ecuador | -0.6464 approx. -2.5 to +2.5 | 2024 | up 15.0% | flat |
| 152 | Gambia | -0.664 approx. -2.5 to +2.5 | 2024 | down 7.6% | falling |
| 153 | Marshall Islands | -0.6876 approx. -2.5 to +2.5 | 2024 | up 36.9% | rising |
| 154 | Gabon | -0.7235 approx. -2.5 to +2.5 | 2024 | down 5.2% | falling |
| 155 | Cameroon | -0.7287 approx. -2.5 to +2.5 | 2024 | up 9.9% | rising |
| 156 | East Timor | -0.7342 approx. -2.5 to +2.5 | 2024 | up 19.5% | rising |
| 157 | Madagascar | -0.7486 approx. -2.5 to +2.5 | 2024 | up 16.2% | falling |
| 158 | Algeria | -0.7526 approx. -2.5 to +2.5 | 2024 | up 26.8% | falling |
| 159 | Tajikistan | -0.7588 approx. -2.5 to +2.5 | 2024 | up 19.4% | rising |
| 160 | Mali | -0.7623 approx. -2.5 to +2.5 | 2024 | down 17.6% | falling |
| 161 | Niger | -0.7625 approx. -2.5 to +2.5 | 2024 | down 2.1% | rising |
| 162 | Micronesia (country) | -0.7633 approx. -2.5 to +2.5 | 2024 | up 5.5% | volatile |
| 163 | Mozambique | -0.7635 approx. -2.5 to +2.5 | 2024 | down 31.6% | falling |
| 164 | Angola | -0.773 approx. -2.5 to +2.5 | 2024 | up 24.7% | rising |
| 165 | Mauritania | -0.7782 approx. -2.5 to +2.5 | 2024 | up 6.6% | falling |
| 166 | Pakistan | -0.7928 approx. -2.5 to +2.5 | 2024 | down 5.9% | rising |
| 167 | Burundi | -0.8139 approx. -2.5 to +2.5 | 2024 | up 5.3% | rising |
| 168 | Ethiopia | -0.8332 approx. -2.5 to +2.5 | 2024 | up 7.9% | rising |
| 169 | Liberia | -0.8418 approx. -2.5 to +2.5 | 2024 | down 1.8% | rising |
| 170 | Djibouti | -0.8528 approx. -2.5 to +2.5 | 2024 | down 18.4% | flat |
| 171 | Solomon Islands | -0.8885 approx. -2.5 to +2.5 | 2024 | up 10.0% | rising |
| 172 | Sao Tome and Principe | -0.8909 approx. -2.5 to +2.5 | 2024 | down 11.9% | falling |
| 173 | Guinea | -0.8917 approx. -2.5 to +2.5 | 2024 | up 17.9% | rising |
| 174 | Suriname | -0.9187 approx. -2.5 to +2.5 | 2024 | down 41.7% | rising |
| 175 | Bangladesh | -0.9501 approx. -2.5 to +2.5 | 2024 | down 6.0% | rising |
| 176 | Lebanon | -0.9589 approx. -2.5 to +2.5 | 2024 | down 117.0% | volatile |
| 177 | Nicaragua | -0.991 approx. -2.5 to +2.5 | 2024 | down 146.4% | falling |
| 178 | Iraq | -1.03 approx. -2.5 to +2.5 | 2024 | up 3.8% | rising |
| 179 | Sierra Leone | -1.06 approx. -2.5 to +2.5 | 2024 | down 19.1% | rising |
| 180 | Russia | -1.07 approx. -2.5 to +2.5 | 2024 | down 137.3% | falling |
| 181 | Chad | -1.09 approx. -2.5 to +2.5 | 2024 | up 6.7% | rising |
| 182 | Congo | -1.15 approx. -2.5 to +2.5 | 2024 | down 10.6% | rising |
| 183 | Zimbabwe | -1.18 approx. -2.5 to +2.5 | 2024 | up 31.0% | rising |
| 184 | Guinea-Bissau | -1.19 approx. -2.5 to +2.5 | 2024 | up 6.5% | flat |
| 185 | Belarus | -1.23 approx. -2.5 to +2.5 | 2024 | down 37.7% | rising |
| 186 | Comoros | -1.25 approx. -2.5 to +2.5 | 2024 | up 0.2% | rising |
| 187 | Bolivia | -1.25 approx. -2.5 to +2.5 | 2024 | down 48.9% | volatile |
| 188 | Central African Republic | -1.27 approx. -2.5 to +2.5 | 2024 | up 16.5% | flat |
| 189 | Democratic Republic of Congo | -1.28 approx. -2.5 to +2.5 | 2024 | down 5.4% | rising |
| 190 | Equatorial Guinea | -1.4 approx. -2.5 to +2.5 | 2024 | up 9.1% | rising |
| 191 | Myanmar | -1.42 approx. -2.5 to +2.5 | 2024 | down 6.6% | rising |
| 192 | Cuba | -1.44 approx. -2.5 to +2.5 | 2024 | down 31.0% | rising |
| 193 | Haiti | -1.46 approx. -2.5 to +2.5 | 2024 | down 11.3% | falling |
| 194 | Iran | -1.51 approx. -2.5 to +2.5 | 2024 | down 16.1% | rising |
| 195 | Afghanistan | -1.54 approx. -2.5 to +2.5 | 2024 | down 30.0% | rising |
| 196 | Yemen | -1.58 approx. -2.5 to +2.5 | 2024 | down 66.8% | falling |
| 197 | Sudan | -1.66 approx. -2.5 to +2.5 | 2024 | down 16.2% | falling |
| 198 | Turkmenistan | -1.69 approx. -2.5 to +2.5 | 2024 | up 2.8% | rising |
| 199 | Somalia | -1.73 approx. -2.5 to +2.5 | 2024 | up 17.0% | rising |
| 200 | Libya | -1.74 approx. -2.5 to +2.5 | 2024 | up 10.6% | falling |
| 201 | North Korea | -1.87 approx. -2.5 to +2.5 | 2024 | up 9.1% | rising |
| 202 | Venezuela | -1.9 approx. -2.5 to +2.5 | 2024 | down 11.6% | falling |
| 203 | South Sudan | -1.93 approx. -2.5 to +2.5 | 2024 | down 15.6% | falling |
| 204 | Syria | -2 approx. -2.5 to +2.5 | 2024 | down 22.0% | falling |
| 205 | Eritrea | -2.04 approx. -2.5 to +2.5 | 2024 | down 6.8% | falling |
About this data
Regulatory Quality (RQ) captures perceptions of the government’s ability to design and implement policies and regulations that promote private sector development. Governance estimate from the aggregation model, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) standard error. The number of sources indicates the number of underlying data sources on which the governance estimate is based. The standard error indicates the precision of the governance estimate. Larger values indicate less precise estimates. A 90% confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.