Papua New Guinea: Regulatory quality

The latest value from 2024 is -0.6 points, an increase from -0.71 points in 2023. In comparison, the world average is -0.02 points, based on data from 193 countries. Historically, the average for Papua New Guinea from 1996 to 2024 is -0.56 points. The minimum value, -0.88 points, was reached in 2003 while the maximum of -0.26 points was recorded in 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.

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.