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Grenada Regulatory Quality

Regulatory Quality  RQ.EST

Grenada's regulatory quality was 0.81 in 2025, ranked 47th globally. This represents a 158.3% increase from 2024. Data from World Bank WGI, covering 1996–2025.

0.81 +0.50 (+158.3%)
Year 2025 Rank #47 Global Peak 0.81 (2025) Source World Bank WGI

Grenada Regulatory Quality (1996–2025)

Overview

Grenada's regulatory quality stood at 0.81 in 2025, a rise of +0.50 from 2023. Based on recent trends, this figure is projected to reach 0.81 by 2025. Grenada ranked 47th globally.

Grenada’s regulatory quality score has risen markedly over the 26‑year series, climbing from 0.55 in 1996 to an all‑time peak of 0.81 in 2025, the highest figure recorded for the country and the level that places it 47th globally. The upward trajectory follows a sharp trough of –0.29 in 2019, suggesting that recent reforms have substantially improved the perception of rule‑of‑law enforcement, policy consistency and government oversight. Grenada’s 2025 score sits just below Saudi Arabia’s 0.84 and Chile’s 0.82, and marginally above Guam’s 0.80, indicating that its regulatory environment now rivals that of higher‑income peers despite its small size. The sustained improvement reflects targeted institutional upgrades and greater alignment with international standards, yet the modest gap to leading peers implies further scope for enhancing transparency and reducing bureaucratic burdens. Continued commitment to these reforms should keep the score on an upward path, potentially lifting Grenada into the top‑40 by the next assessment cycle.

Data & projection

Year Regulatory Quality YoY change Rank
2026* trend 0.99 - -
2025* trend 0.81 - -
2025 0.81 +0.50 #47
2023 0.31 −0.08 #76
2022 0.39 +0.09 #71
2021 0.31 +0.43 #74
2020 -0.12 +0.17 #106
2019 -0.29 −0.02 #115
2018 -0.28 −0.22 #117
2017 -0.06 −0.12 #98
2016 0.06 −0.03 #88
2015 0.09 −0.09 #88
2014 0.18 −0.07 #80
2013 0.25 −0.00 #77
2012 0.25 +0.02 #79
2011 0.23 −0.05 #83
2010 0.27 +0.03 #77
Show all years (1996-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +46.2% GDP growth 6.0% C/A balance 1.7%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Grenada matched the Export Boom Cycle pattern in 1985. Historically, 71% of countries showing this pattern (546 out of 768) saw regulatory quality improve within 24 months. View full analysis →

Frequently Asked Questions

What is Grenada's regulatory quality?▾

Grenada's regulatory quality was 0.81 in 2025. Ranked 47th globally. This represents a 158.3% increase from the previous year.

What was the highest regulatory quality in Grenada?▾

Grenada's regulatory quality peaked at 0.81 in 2025.

What was the lowest regulatory quality in Grenada?▾

The lowest regulatory quality in Grenada was -0.29 in 2019.

How does Grenada rank in regulatory quality?▾

Grenada ranks 47th globally in regulatory quality as of 2025.

What is the World Bank indicator code for regulatory quality?▾

The World Bank indicator code is RQ.EST. Data sourced from World Bank WGI.

What is the projected regulatory quality of Grenada in 2025?▾

Grenada's regulatory quality is projected to reach 0.81 by 2025 based on trend extrapolation.

What is the regulatory quality of Grenada in 2025?▾

The regulatory quality of Grenada in 2025 was 0.81. This ranks 47th in the world.

Cite this page

APA
Grenada Regulatory Quality. HistorySaid. Retrieved November 9, 2026, from https://historysaid.com/grenada/regulatory-quality/
BibTeX
@misc{historysaid_grenada_regulatory-quality, title = {Grenada Regulatory Quality}, url = {https://historysaid.com/grenada/regulatory-quality/}, publisher = {HistorySaid}, year = {2026} }
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