Guinea: Regulatory quality

* indicates monthly or quarterly data series
 Guinea

Regulatory quality index (-2.5 weak; 2.5 strong)

 Latest value -0.89
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average -1.02
 Min - Max -1.64 - -0.79
 Source The World Bank
 Available for Data download
The latest value from 2024 is -0.89 points, an increase from -0.96 points in 2023. In comparison, the world average is -0.02 points, based on data from 193 countries. Historically, the average for Guinea from 1996 to 2024 is -1.02 points. The minimum value, -1.64 points, was reached in 2003 while the maximum of -0.79 points was recorded in 1998. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Guinea: Regulatory quality
 2024 -0.89
 2023 -0.96
 2022 -0.96
 2021 -0.91
 2020 -0.83
 2019 -0.79
 2018 -0.80
 2017 -0.79




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 -1.15 2024 points
 Government effectiveness -0.89 2024 points
 Control of corruption -1.17 2024 points
 Regulatory quality -0.89 2024 points
 Voice and accountability -1.21 2024 points
 Political stability -1.04 2024 points
 Corruption perceptions - Transparency International 26 2025 points
 Political rights 6 2025 points
 Civil liberties 5 2025 points
 Informal economy, MIMIC method 35.60 2020 percent
 Informal economy, DGE method 30.40 2020 percent
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