Table of Contents:
see also our discussion on policy and regulation
Regulatory Quality
Regulatory Quality is one of six governance indicators measured by the World Bank Policy Research Working Paper Series. It is a measurement of the incidences of unfriendly market policies such as price controls or insufficient bank supervision. EST, or point estimate, is measured on a scale of -2.5 to 2.5, with the higher scores indicating to better governance of the regulatory quality in the countries observed.
|
2004 |
2002 |
2000 |
Country |
EST. |
EST. |
EST. |
Afghanistan |
-2.05 |
-1.08 |
-3.64 |
Albania |
-0.08 |
-0.36 |
-0.06 |
Algeria |
-0.93 |
-0.58 |
-0.76 |
Andorra |
1.32 |
1.44 |
|
Angola |
-1.40 |
-1.37 |
-1.79 |
Antigua and Barbuda |
0.73 |
0.71 |
|
Argentina |
-0.81 |
-0.81 |
.45 |
Armenia |
0.05 |
0.11 |
-0.39 |
Australia |
1.62 |
1.64 |
1.51 |
Austria |
1.41 |
1.67 |
1.53 |
Azerbaijan |
-0.57 |
-0.87 |
-0.51 |
Bahamas |
0.78 |
1.35 |
.95 |
Bahrain |
0.71 |
0.98 |
1.02 |
Bangladesh |
-1.15 |
-1.05 |
-0.16 |
Barbados |
0.91 |
1.14 |
0.53 |
Belarus |
-1.78 |
-1.66 |
-2.70 |
Belgium |
1.25 |
1.47 |
0.76 |
Belize |
0.32 |
0.14 |
-0.17 |
Benin |
-0.49 |
-0.48 |
-0.04 |
Bhutan |
0.00 |
-0.38 |
0.25 |
Bolivia |
0.05 |
-0.12 |
0.67 |
Bosnia-Herzegovina |
-0.66 |
-0.90 |
-0.73 |
Botswana |
0.96 |
0.79 |
0.79 |
Brazil |
0.19 |
0.24 |
0.37 |
Brunei |
1.08 |
1.05 |
0.28 |
Bulgaria |
0.60 |
0.62 |
0.22 |
Burkina Faso |
-0.26 |
-0.17 |
0.01 |
Burma |
-2.34 |
-1.83 |
-1.40 |
Burundi |
-1.35 |
-1.29 |
-0.86 |
Cambodia |
-0.25 |
-0.44 |
-0.07 |
Cameroon |
-0.71 |
-0.77 |
0.00 |
Canada |
1.57 |
1.65 |
1.38 |
Cape Verde |
0.27 |
-0.25 |
-0.07 |
Central African Republic |
-1.28 |
-0.85 |
-0.65 |
Chad |
-0.84 |
-0.96 |
-0.28 |
Chile |
1.62 |
1.48 |
1.38 |
China |
-0.45 |
-0.43 |
-0.21 |
Colombia |
-0.12 |
-0.07 |
0.12 |
Comoros |
-1.06 |
-1.01 |
-0.90 |
Congo (Brazzaville) |
-1.16 |
-1.06 |
-1.03 |
Congo (Kinshasa) |
-1.80 |
-1.64 |
-2.65 |
Costa Rica |
0.67 |
0.78 |
0.92 |
Cote d’Ivoire |
-0.83 |
-0.38 |
-0.32 |
Croatia |
0.19 |
0.19 |
0.31 |
Cuba |
-1.81 |
-1.19 |
-1.50 |
Cyprus (G) |
1.23 |
1.23 |
1.08 |
Czech Republic |
0.97 |
1.12 |
0.67 |
Denmark |
1.76 |
1.74 |
1.41 |
Djibouti |
-0.76 |
-0.65 |
-0.66 |
Dominica |
0.53 |
0.77 |
-0.13 |
Dominican Republic |
-0.28 |
-0.13 |
0.52 |
East Timor |
-0.43 |
-1.25 |
|
Ecuador |
-0.60 |
-0.58 |
-0.19 |
Egypt |
-0.58 |
-0.46 |
0.01 |
El Salvador |
0.56 |
0.07 |
1.15 |
Equatorial Guinea |
-0.78 |
-1.41 |
-1.31 |
Eritrea |
-1.29 |
-1.08 |
-0.40 |
Estonia |
1.61 |
1.41 |
1.33 |
Ethiopia |
-1.19 |
-0.99 |
-0.62 |
Fiji |
-0.36 |
-0.09 |
-0.81 |
Finland |
1.79 |
1.96 |
1.81 |
France |
0.91 |
1.22 |
0.78 |
Gabon |
-0.46 |
-0.21 |
-0.29 |
The Gambia |
-0.15 |
-0.54 |
-0.01 |
Georgia |
-0.64 |
-0.80 |
-0.56 |
Germany |
1.29 |
1.57 |
1.38 |
Ghana |
-0.28 |
-0.23 |
0.11 |
Greece |
0.85 |
1.12 |
0.93 |
Grenada |
0.37 |
0.41 |
0.28 |
Guatemala |
-0.07 |
-0.08 |
0.46 |
Guinea |
-0.94 |
-0.75 |
-0.09 |
Guinea-Bissau |
-0.86 |
-0.93 |
-1.09 |
Guyana |
-0.14 |
-0.37 |
-0.04 |
Haiti |
-1.11 |
-0.94 |
0.32 |
Honduras |
-0.33 |
-0.34 |
0.32 |
Hungary |
1.22 |
1.19 |
1.12 |
Iceland |
1.82 |
1.55 |
1.39 |
India |
-0.59 |
-0.35 |
-0.17 |
Indonesia |
-0.42 |
-0.67 |
-0.34 |
Iran |
-1.33 |
-1.23 |
-1.29 |
Iraq |
-1.79 |
-2.26 |
-3.43 |
Ireland |
1.63 |
1.63 |
1.70 |
Israel |
0.69 |
1.01 |
0.95 |
Italy |
0.97 |
1.13 |
0.78 |
Jamaica |
0.15 |
0.30 |
0.41 |
Japan |
1.04 |
0.98 |
0.84 |
Jordan |
0.13 |
0.10 |
0.68 |
Kazakhstan |
-0.89 |
-0.71 |
-0.47 |
Kenya |
-0.43 |
-0.52 |
-0.16 |
Kiribati |
-0.49 |
-1.10 |
-0.78 |
Kuwait |
0.10 |
0.36 |
-0.13 |
Kyrgyzstan |
-0.06 |
-0.42 |
-0.36 |
Laos |
-1.24 |
-1.25 |
-1.24 |
Latvia |
1.02 |
0.92 |
0.53 |
Lebanon |
-0.49 |
-0.49 |
0.29 |
Lesotho |
-0.26 |
-0.41 |
-0.38 |
Liberia |
-1.83 |
-1.53 |
-1.35 |
Libya |
-1.52 |
-1.57 |
-2.01 |
Liechtenstein |
1.62 |
1.69 |
|
Lithuania |
1.16 |
1.04 |
1.90 |
Luxembourg |
2.02 |
1.93 |
1.90 |
Macedonia |
-0.19 |
-0.09 |
0.13 |
Madagascar |
0.10 |
-0.22 |
-0.17 |
Malawi |
-0.57 |
-0.39 |
-0.10 |
Malaysia |
0.44 |
0.55 |
0.36 |
Maldives |
0.00 |
0.71 |
0.07 |
Mali |
-0.26 |
-0.39 |
0.24 |
Malta |
1.30 |
1.11 |
0.45 |
Marshall Islands |
-0.55 |
-0.76 |
-0.66 |
Mauritania |
0.04 |
0.09 |
-0.38 |
Mauritius |
0.33 |
0.52 |
0.74 |
Mexico |
0.55 |
0.45 |
0.68 |
Micronesia |
0.04 |
-0.65 |
-0.65 |
Moldova |
-0.49 |
-0.16 |
-1.11 |
Monaco |
|
|
|
Mongolia |
0.18 |
-0.01 |
0.37 |
Morocco |
-0.26 |
-0.01 |
0.32 |
Mozambique |
-0.29 |
-0.52 |
-0.05 |
Namibia |
0.45 |
0.25 |
0.35 |
Nauru |
|
|
|
Nepal |
-0.60 |
-0.51 |
-0.39 |
Netherlands |
1.67 |
1.90 |
1.91 |
New Zealand |
1.78 |
1.69 |
1.45 |
Nicaragua |
-0.15 |
-0.41 |
0.32 |
Niger |
-0.63 |
-0.66 |
-0.26 |
Nigeria |
-1.26 |
-1.18 |
-0.38 |
North Korea |
-2.05 |
-1.89 |
-1.70 |
Norway |
1.33 |
1.52 |
0.95 |
Oman |
0.43 |
0.63 |
0.79 |
Pakistan |
-1.03 |
-0.80 |
-0.58 |
Palau |
|
|
|
Panama |
0.22 |
0.47 |
1.00 |
Papua New Guinea |
-0.64 |
-0.46 |
-0.61 |
Paraguay |
-0.60 |
-0.56 |
-0.79 |
Peru |
0.17 |
0.19 |
0.59 |
Philippines |
-0.06 |
0.05 |
0.35 |
Poland |
0.64 |
0.65 |
0.62 |
Portugal |
1.14 |
1.47 |
1.05 |
Qatar |
-0.16 |
0.15 |
0.52 |
Romania |
-0.06 |
0.04 |
-0.27 |
Russia |
-0.51 |
-0.35 |
-1.58 |
Rwanda |
-0.42 |
-0.89 |
-0.54 |
Saint Kitts and Nevis |
0.44 |
0.14 |
0.28 |
Saint Lucia |
0.46 |
0.14 |
0.28 |
Saint Vincent and Grenadines |
0.48 |
0.14 |
0.28 |
Samoa |
0.39 |
-0.06 |
-0.03 |
San Marino |
|
|
|
Sao Tome and Principe |
-0.47 |
-0.43 |
-0.52 |
Saudi Arabia |
-0.34 |
0.06 |
-0.10 |
Senegal |
-0.31 |
-0.23 |
-0.05 |
Serbia and Montenegro |
-0.72 |
-0.59 |
-0.83 |
Seychelles |
-1.21 |
-0.49 |
-1.34 |
Sierra Leone |
-1.02 |
-1.28 |
-1.05 |
Singapore |
1.87 |
1.91 |
2.31 |
Slovakia |
1.15 |
0.75 |
0.37 |
Slovenia |
0.89 |
0.85 |
0.66 |
Solomon Islands |
-1.47 |
-1.89 |
-1.55 |
Somalia |
-2.63 |
-2.01 |
-2.40 |
South Africa |
0.44 |
0.53 |
0.12 |
South Korea |
0.69 |
0.84 |
0.47 |
Spain |
1.13 |
1.40 |
1.39 |
Sri Lanka |
0.21 |
0.16 |
0.32 |
Sudan |
-1.04 |
-1.19 |
-0.84 |
Suriname |
-0.52 |
-0.61 |
-0.97 |
Swaziland |
-0.36 |
-0.14 |
-0.37 |
Sweden |
1.54 |
1.70 |
1.39 |
Switzerland |
1.55 |
1.62 |
1.55 |
Syria |
-1.21 |
-0.94 |
-0.78 |
Taiwan |
1.29 |
1.04 |
0.95 |
Tajikistan |
-1.16 |
-1.26 |
-1.33 |
Tanzania |
-0.55 |
-0.50 |
0.07 |
Thailand |
-0.01 |
0.31 |
0.70 |
Togo |
-0.77 |
-0.61 |
-0.47 |
Tonga |
-0.43 |
-1.22 |
-0.18 |
Trinidad and Tobago |
0.61 |
0.66 |
0.81 |
Tunisia |
-0.22 |
-0.03 |
0.37 |
Turkey |
-0.07 |
0.05 |
0.24 |
Turkmenistan |
-2.22 |
-1.89 |
-2.18 |
Tuvalu |
0.76 |
0.35 |
0.43 |
Uganda |
0.07 |
-0.02 |
0.16 |
Ukraine |
-0.48 |
-0.62 |
-1.22 |
United Arab Emirates |
0.95 |
0.98 |
0.53 |
United Kingdom |
1.62 |
1.78 |
1.69 |
United States |
1.22 |
1.48 |
1.53 |
Uruguay |
0.30 |
0.47 |
1.05 |
Uzbekistan |
-2.10 |
-1.44 |
-1.40 |
Vanuatu |
-0.33 |
-1.20 |
-0.74 |
Venezuela |
-1.24 |
-0.54 |
-0.55 |
Vietnam |
-0.57 |
-0.68 |
-0.65 |
Yemen |
-1.04 |
-0.61 |
-0.43 |
Zambia |
-0.49 |
-0.56 |
0.33 |
Zimbabwe |
-2.15 |
-1.7 |
-1.61 |
Note: Individual country ratings can exceed the normal scale when their estimates of governance are either extremely high or extremely low.
Source: This material was derived from the World Bank and reflects the latest available data at the time of publication.
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