Regulatory Quality Index

Global Ranking

(-2.5 weak; 2.5 strong)Source: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Singapore	2.21	2020	1	2.16
2 ↑	New Zealand	1.88	2020	3	1.88
3 ↑	Finland	1.85	2020	6	1.85
4 ↑	Luxembourg	1.84	2020	11	1.7
5 ↓	Australia	1.82	2020	4	1.87
6 ↓	Hong Kong	1.79	2020	2	1.98
6 ↑	Denmark	1.79	2020	16	1.57
8 ↓	Netherlands	1.75	2020	5	1.86
9 ↑	Macao	1.74	2020	13	1.63
10 ↓	Norway	1.7	2020	7	1.8
11 ↓	Sweden	1.68	2020	7	1.8
12 ↑	Liechtenstein	1.62	2020	18	1.54
13 ↓	Canada	1.6	2020	9	1.72
14 ↓	Switzerland	1.59	2020	12	1.66
14 ↑	Estonia	1.59	2019	17	1.55
16 ↓	Germany	1.58	2020	9	1.72
17 ↓	United Kingdom	1.48	2020	13	1.63
18 ↓	Ireland	1.47	2020	15	1.6
19 ↑	Iceland	1.45	2020	22	1.37
20 ↓	Austria	1.4	2020	19	1.46
21	Taiwan	1.37	2020	21	1.4
22 ↑	Japan	1.35	2020	25	1.33
22 ↑	Belgium	1.35	2020	26	1.29
24 ↓	Chile	1.34	2018	23	1.35
24 ↑	Andorra	1.34	2020	29	1.23
26 ↑	Czech Republic	1.28	2018	28	1.24
27 ↓	United States	1.24	2020	23	1.35
27	Israel	1.24	2020	27	1.25
29 ↑	Malta	1.22	2020	42	0.96
30 ↓	France	1.2	2020	20	1.44
31 ↓	Latvia	1.19	2020	30	1.19
32	Lithuania	1.16	2019	32	1.1
33 ↑	Mauritius	1.13	2020	39	1
34 ↓	Georgia	1.11	2020	31	1.12
35 ↑	United Arab Emirates	1.08	2020	40	0.98
36 ↓	South Korea	1.03	2020	33	1.07
37 ↓	Cyprus	1	2020	35	1.01
38 ↑	Aruba	0.92	2020	44	0.86
38 ↓	Slovenia	0.92	2020	35	1.01
40 ↑	Brunei	0.91	2020	49	0.63
41 ↓	Poland	0.89	2020	35	1.01
42 ↑	Bermuda	0.85	2019	45	0.82
42 ↑	Qatar	0.85	2020	47	0.68
44 ↓	Portugal	0.83	2020	41	0.97
45 ↑	Puerto Rico	0.79	2020	46	0.73
46 ↓	Slovakia	0.78	2020	35	1.01
47 ↑	Malaysia	0.77	2020	48	0.67
47 ↓	Spain	0.77	2020	34	1.05
49 ↑	Bahrain	0.63	2020	58	0.49
50 ↑	Hungary	0.6	2019	51	0.57
51 ↑	Uruguay	0.58	2020	55	0.51
52 ↑	Greece	0.55	2020	53	0.53
53 ↓	Peru	0.53	2020	52	0.56
54 ↓	Bulgaria	0.52	2020	53	0.53
55	Macedonia	0.51	2020	55	0.51
55 ↑	Antigua and Barbuda	0.51	2020	58	0.49
57 ↓	Italy	0.5	2020	42	0.96
58 ↑	Barbados	0.48	2020	61	0.41
59 ↑	Oman	0.46	2020	66	0.29
60 ↓	Costa Rica	0.45	2020	57	0.5
61 ↓	Croatia	0.43	2020	50	0.59
62	Botswana	0.42	2020	62	0.37
63	Montenegro	0.4	2020	63	0.36
63 ↑	Colombia	0.4	2019	65	0.32
65 ↓	Romania	0.38	2020	60	0.46
66 ↓	Panama	0.32	2020	63	0.36
67 ↑	Kuwait	0.29	2020	79	0.06
67 ↑	Saint Lucia	0.29	2020	70	0.23
69 ↑	Saudi Arabia	0.26	2020	89	-0.07
69 ↓	Saint Vincent and the Grenadines	0.26	2020	68	0.25
71 ↓	Armenia	0.25	2020	68	0.25
72 ↓	Albania	0.24	2020	67	0.27
73 ↑	Jordan	0.23	2020	80	0.03
74 ↑	Dominica	0.2	2020	77	0.08
74 ↓	South Africa	0.2	2020	72	0.16
76 ↓	Thailand	0.18	2020	75	0.1
77	Rwanda	0.16	2020	77	0.08
78 ↓	Kazakhstan	0.14	2020	73	0.14
79 ↓	Serbia	0.13	2019	74	0.13
80 ↓	Jamaica	0.09	2020	71	0.17
81 ↓	Mexico	0.08	2020	75	0.1
82 ↑	Palau	0.06	2020	88	-0.06
83 ↓	Moldova	0.04	2020	82	0.01
84 ↓	Philippines	0.03	2020	82	0.01
85 ↑	Bahamas	0.01	2020	86	-0.05
86 ↑	Ghana	0	2020	91	-0.11
87 ↓	Turkey	-0.01	2020	84	-0.01
87 ↓	Dominican Republic	-0.01	2020	86	-0.05
89 ↓	El Salvador	-0.02	2020	81	0.02
90 ↑	Cape Verde	-0.07	2020	104	-0.22
91 ↑	China	-0.08	2020	101	-0.19
92 ↑	Indonesia	-0.09	2019	95	-0.15
92 ↓	Mongolia	-0.09	2020	84	-0.01
94 ↓	Namibia	-0.11	2020	91	-0.11
95 ↑	Morocco	-0.12	2020	103	-0.21
96 ↓	Seychelles	-0.13	2020	95	-0.15
97 ↓	Trinidad and Tobago	-0.14	2020	95	-0.15
97 ↑	India	-0.14	2020	98	-0.16
99 ↑	Vietnam	-0.15	2020	109	-0.26
100 ↓	Brazil	-0.16	2020	99	-0.18
101 ↑	Grenada	-0.17	2020	112	-0.31
101 ↑	Fiji	-0.17	2020	104	-0.22
101 ↑	Guatemala	-0.17	2020	104	-0.22
104 ↓	Sri Lanka	-0.18	2020	99	-0.18
105 ↓	Paraguay	-0.2	2020	90	-0.08
106 ↓	Senegal	-0.21	2020	91	-0.11
107 ↓	Samoa	-0.22	2019	91	-0.11
108 ↓	Bosnia and Herzegovina	-0.23	2020	101	-0.19
109 ↓	Ivory Coast	-0.28	2020	108	-0.24
110 ↓	Ukraine	-0.3	2020	109	-0.26
111 ↑	Bhutan	-0.31	2020	113	-0.33
111 ↓	Azerbaijan	-0.31	2020	107	-0.23
113 ↑	Kyrgyzstan	-0.35	2019	115	-0.35
114 ↑	Benin	-0.37	2020	118	-0.38
115 ↓	Tonga	-0.39	2020	113	-0.33
116 ↑	Burkina Faso	-0.42	2020	118	-0.38
117 ↑	Vanuatu	-0.43	2020	123	-0.46
117 ↓	Uganda	-0.43	2020	116	-0.37
117 ↓	Lebanon	-0.43	2019	116	-0.37
120 ↑	Russia	-0.44	2020	121	-0.43
120 ↓	Kenya	-0.44	2020	111	-0.28
122 ↑	Maldives	-0.49	2020	124	-0.48
123 ↓	Honduras	-0.5	2020	122	-0.45
124 ↓	Tunisia	-0.51	2018	120	-0.4
125 ↑	Papua New Guinea	-0.53	2018	136	-0.65
126	Belize	-0.54	2020	126	-0.54
126 ↑	Belarus	-0.54	2019	136	-0.65
128	Guyana	-0.55	2020	128	-0.55
129 ↑	Swaziland	-0.56	2020	140	-0.66
129 ↑	Tuvalu	-0.56	2019	132	-0.59
131 ↓	Lesotho	-0.57	2020	126	-0.54
131 ↓	Argentina	-0.57	2020	125	-0.49
131 ↑	Kiribati	-0.57	2020	133	-0.62
134 ↓	Mali	-0.61	2020	130	-0.57
135 ↓	Zambia	-0.62	2020	128	-0.55
135 ↓	Cambodia	-0.62	2020	130	-0.57
137 ↑	Burma (Myanmar)	-0.63	2020	150	-0.76
138 ↓	Tanzania	-0.66	2020	134	-0.64
138 ↑	Nicaragua	-0.66	2020	143	-0.69
140 ↓	Suriname	-0.68	2019	136	-0.65
140 ↓	Togo	-0.68	2019	136	-0.65
142 ↓	Gambia	-0.69	2020	140	-0.66
142 ↑	Mozambique	-0.69	2020	148	-0.72
144	Nepal	-0.7	2020	144	-0.7
145 ↓	Malawi	-0.72	2020	144	-0.7
145 ↓	Pakistan	-0.72	2020	134	-0.64
147 ↑	Madagascar	-0.74	2020	149	-0.73
147 ↓	Niger	-0.74	2020	142	-0.67
149 ↓	Laos	-0.8	2020	147	-0.71
150 ↓	Djibouti	-0.81	2020	144	-0.7
150	Mauritania	-0.81	2020	150	-0.76
152 ↑	Cameroon	-0.82	2020	154	-0.83
153 ↓	Guinea	-0.83	2020	152	-0.77
153 ↑	Egypt	-0.83	2019	156	-0.86
155 ↓	Solomon Islands	-0.84	2020	154	-0.83
156 ↑	Sierra Leone	-0.86	2020	158	-0.88
157 ↑	Gabon	-0.88	2020	165	-0.96
158 ↓	Ecuador	-0.89	2020	153	-0.82
159 ↑	Sao Tome and Principe	-0.9	2020	161	-0.91
159 ↑	Bangladesh	-0.9	2020	163	-0.93
161 ↓	Angola	-0.91	2020	159	-0.89
162 ↑	Uzbekistan	-0.94	2020	168	-0.99
163 ↑	Micronesia	-0.95	2020	165	-0.96
164 ↓	Nigeria	-0.96	2020	156	-0.86
164 ↓	Ethiopia	-0.96	2020	159	-0.89
166 ↑	Liberia	-1	2020	167	-0.98
167 ↓	Burundi	-1.02	2020	164	-0.95
167 ↓	Bolivia	-1.02	2020	161	-0.91
167 ↑	Tajikistan	-1.02	2020	169	-1.01
170	Chad	-1.14	2020	170	-1.11
171	Comoros	-1.18	2020	171	-1.12
172 ↑	Haiti	-1.21	2020	175	-1.26
173 ↑	Guinea-Bissau	-1.26	2020	174	-1.23
174 ↑	Algeria	-1.29	2020	176	-1.3
175 ↓	Iraq	-1.38	2020	173	-1.18
175 ↓	Afghanistan	-1.38	2020	171	-1.12
177 ↑	Zimbabwe	-1.42	2020	180	-1.46
178 ↓	Republic of the Congo	-1.43	2020	176	-1.3
179	Iran	-1.46	2020	179	-1.42
180 ↑	Democratic Republic of the Congo	-1.54	2020	181	-1.51
180 ↓	Central African Republic	-1.54	2020	178	-1.37
182	Equatorial Guinea	-1.55	2020	182	-1.52
183 ↑	Sudan	-1.61	2020	184	-1.67
184 ↓	Yemen	-1.8	2020	183	-1.66
185	Syria	-1.86	2020	185	-1.76
186	Turkmenistan	-1.99	2020	186	-1.96
187	Somalia	-2.06	2020	187	-2.2
188 ↑	Venezuela	-2.23	2020	190	-2.36
189 ↓	Eritrea	-2.28	2019	188	-2.22
190 ↓	Libya	-2.32	2020	189	-2.35
191	North Korea	-2.34	2020	191	-2.4

Definition of Regulatory Quality Index

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.