
Eritrea: Regulatory quality
* indicates monthly or quarterly data series
| Eritrea |
Regulatory quality index (-2.5 weak; 2.5 strong) |
|---|---|
| Latest value | -2.04 |
| Year | 2024 |
| Measure | points |
| Data availability | 1996 - 2024 |
| Average | -1.76 |
| Min - Max | -2.04 - -1.35 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is -2.04 points, a decline from -2.03 points in 2023. In comparison, the world average is -0.02 points, based on data from 193 countries. Historically, the average for Eritrea from 1996 to 2024 is -1.76 points. The minimum value, -2.04 points, was reached in 2024 while the maximum of -1.35 points was recorded in 2002.
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* indicates monthly or quarterly data series
| Recent values | Eritrea: Regulatory quality |
|---|---|
| 2024 | -2.04 |
| 2023 | -2.03 |
| 2022 | -1.99 |
| 2021 | -1.99 |
| 2020 | -1.96 |
| 2019 | -1.96 |
| 2018 | -1.91 |
| 2017 | -1.91 |
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 | -1.80 | 2024 | points |
| Government effectiveness | -1.46 | 2024 | points |
| Control of corruption | -1.63 | 2024 | points |
| Regulatory quality | -2.04 | 2024 | points |
| Voice and accountability | -2.29 | 2024 | points |
| Political stability | -0.71 | 2024 | points |
| Corruption perceptions - Transparency International | 13 | 2025 | points |
| Political rights | 7 | 2025 | points |
| Civil liberties | 7 | 2025 | points |
| Informal economy, MIMIC method | 40.20 | 2020 | percent |