Singapore - Regulatory Quality 2023
2.31
+0.09 from 2022
Singapore's regulatory quality was 2.31 in 2023, increased +0.09 from 2.21 in 2022. This was the 1st highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Singapore | 2.31 | 4.3% |
| 2nd | Australia | 1.94 | 2.5% |
| 3rd | Luxembourg | 1.93 | 5.2% |
| 4th | New Zealand | 1.91 | 2.4% |
| 5th | Denmark | 1.84 | -0.2% |
| 6th | Macao SAR, China | 1.79 | -1.7% |
| 7th | Netherlands | 1.79 | 4.6% |
| 8th | Finland | 1.77 | -0.8% |
| 9th | Ireland | 1.75 | 6.7% |
| 10th | Switzerland | 1.73 | 6.7% |
| 11th | Sweden | 1.72 | 2.2% |
| 12th | Canada | 1.64 | -1.9% |
| 13th | Liechtenstein | 1.62 | -0.5% |
| 14th | Hong Kong SAR, China | 1.60 | 0.9% |
| 15th | Norway | 1.60 | 5.4% |
| 16th | United Kingdom | 1.54 | -1.9% |
| 17th | Japan | 1.47 | 2.1% |
| 18th | Germany | 1.46 | -4.3% |
| 19th | Estonia | 1.43 | -8.3% |
| 20th | United States | 1.39 | -2.2% |
| 21st | Austria | 1.36 | 6.1% |
| 22nd | Andorra | 1.35 | -3.4% |
| 23rd | Monaco | 1.35 | -3.4% |
| 24th | Virgin Islands (US) | 1.35 | -3.4% |
| 25th | Lithuania | 1.34 | 3.0% |
| 26th | Czechia | 1.30 | -5.9% |
| 27th | Iceland | 1.28 | -1.7% |
| 28th | Greenland | 1.21 | 0.3% |
| 29th | Latvia | 1.17 | 0.1% |
| 30th | Belgium | 1.17 | -6.8% |
| 31st | France | 1.15 | -3.0% |
| 32nd | Korea | 1.12 | -2.0% |
| 33rd | Israel | 1.12 | -7.0% |
| 34th | Bahrain | 1.08 | 11.1% |
| 35th | Cayman Islands | 1.07 | -1.7% |
| 36th | Mauritius | 1.06 | -8.7% |
| 37th | United Arab Emirates | 1.04 | 0.7% |
| 38th | Qatar | 0.98 | 12.2% |
| 39th | Brunei Darussalam | 0.98 | -8.4% |
| 40th | Aruba | 0.95 | -2.1% |
| 41st | Georgia | 0.95 | -8.3% |
| 42nd | Bermuda | 0.93 | -4.2% |
| 43rd | San Marino | 0.93 | 70.6% |
| 44th | Chile | 0.93 | -5.4% |
| 45th | Poland | 0.78 | 8.8% |
| 46th | Cyprus | 0.78 | 0.6% |
| 47th | Portugal | 0.76 | -1.0% |
| 48th | Slovenia | 0.73 | 5.2% |
| 49th | Spain | 0.69 | -13.0% |
| 50th | Malta | 0.69 | 2.0% |
| 51st | Uruguay | 0.68 | -5.4% |
| 52nd | Malaysia | 0.66 | 2.6% |
| 53rd | Italy | 0.64 | 26.1% |
| 54th | Croatia | 0.64 | 28.1% |
| 55th | Puerto Rico (US) | 0.64 | -24.8% |
| 56th | Slovak Republic | 0.60 | -29.2% |
| 57th | Greece | 0.58 | 24.7% |
| 58th | Antigua and Barbuda | 0.55 | 88.9% |
| 59th | Costa Rica | 0.54 | -4.1% |
| 60th | St. Kitts and Nevis | 0.54 | -7.3% |
| 61st | Saudi Arabia | 0.52 | 23.5% |
| 62nd | American Samoa | 0.51 | -6.2% |
| 63rd | Guam | 0.51 | -6.2% |
| 64th | Barbados | 0.50 | 5.6% |
| 65th | Botswana | 0.50 | -19.9% |
| 66th | Oman | 0.43 | 0.4% |
| 67th | North Macedonia | 0.43 | -5.7% |
| 68th | Bulgaria | 0.41 | 27.2% |
| 69th | Palau | 0.40 | -9.4% |
| 70th | St. Lucia | 0.40 | -9.6% |
| 71st | Montenegro | 0.37 | -31.1% |
| 72nd | Kuwait | 0.32 | 52.8% |
| 73rd | Romania | 0.32 | -12.5% |
| 74th | Hungary | 0.32 | -21.7% |
| 75th | St. Vincent and the Grenadines | 0.32 | -9.0% |
| 76th | Grenada | 0.31 | -20.1% |
| 77th | Dominica | 0.31 | -9.7% |
| 78th | Indonesia | 0.30 | 46.3% |
| 79th | Peru | 0.29 | 40.1% |
| 80th | Cabo Verde | 0.24 | -7.9% |
| 81st | Jordan | 0.22 | 38.8% |
| 82nd | Seychelles | 0.21 | -35.6% |
| 83rd | Albania | 0.17 | 7.9% |
| 84th | Dominican Republic | 0.17 | 146.1% |
| 85th | Philippines | 0.16 | 161.6% |
| 86th | Thailand | 0.16 | -4.1% |
| 87th | Serbia | 0.14 | 0.6% |
| 88th | Rwanda | 0.12 | -23.5% |
| 89th | Panama | 0.12 | -6.6% |
| 90th | Moldova | 0.11 | 3.6% |
| 91st | Colombia | 0.10 | -28.1% |
| 92nd | Jamaica | 0.10 | -48.5% |
| 93rd | Kazakhstan | 0.07 | 687.1% |
| 94th | Armenia | 0.05 | 349.7% |
| 95th | Nauru | 0.01 | -50.2% |
| 96th | Bahamas, The | 0.01 | 104.9% |
| 97th | Namibia | -0.06 | -315.0% |
| 98th | Morocco | -0.06 | 26.1% |
| 99th | Paraguay | -0.08 | 53.5% |
| 100th | Fiji | -0.09 | -49.8% |
| 101st | Azerbaijan | -0.11 | -5.3% |
| 102nd | Côte d'Ivoire | -0.12 | 23.6% |
| 103rd | Vanuatu | -0.12 | -31.6% |
| 104th | Trinidad and Tobago | -0.13 | -76.4% |
| 105th | India | -0.14 | -171.5% |
| 106th | Bosnia and Herzegovina | -0.14 | 10.4% |
| 107th | Mexico | -0.17 | -16.0% |
| 108th | Mongolia | -0.18 | 35.2% |
| 109th | Ghana | -0.18 | -1.0% |
| 110th | Tuvalu | -0.19 | -31.5% |
| 111th | South Africa | -0.22 | -20.8% |
| 112th | Türkiye | -0.23 | 6.2% |
| 113th | Ukraine | -0.27 | 19.7% |
| 114th | Samoa | -0.27 | 0.9% |
| 115th | Kiribati | -0.28 | -6.5% |
| 116th | West Bank and Gaza | -0.28 | -657.3% |
| 117th | Guatemala | -0.29 | 0.5% |
| 118th | Kosovo | -0.30 | 24.1% |
| 119th | Benin | -0.30 | 15.1% |
| 120th | Brazil | -0.30 | -34.5% |
| 121st | El Salvador | -0.31 | 33.5% |
| 122nd | Senegal | -0.35 | -16.4% |
| 123rd | China | -0.36 | 14.8% |
| 124th | Viet Nam | -0.38 | 11.0% |
| 125th | Kenya | -0.39 | -2.6% |
| 126th | Tonga | -0.39 | -13.0% |
| 127th | Bhutan | -0.40 | -5.0% |
| 128th | Marshall Islands | -0.42 | -7.2% |
| 129th | Belize | -0.43 | 1.9% |
| 130th | Argentina | -0.48 | 30.8% |
| 131st | Burkina Faso | -0.49 | -3.7% |
| 132nd | Timor-Leste | -0.49 | -3.2% |
| 133rd | Togo | -0.49 | 12.4% |
| 134th | Zambia | -0.50 | 5.9% |
| 135th | Sri Lanka | -0.51 | 22.3% |
| 136th | Uganda | -0.52 | -5.5% |
| 137th | Honduras | -0.55 | -13.5% |
| 138th | Guyana | -0.56 | -6.7% |
| 139th | Uzbekistan | -0.58 | -4.8% |
| 140th | Micronesia, Federated States of | -0.58 | -3.4% |
| 141st | Tanzania | -0.59 | -4.4% |
| 142nd | Lesotho | -0.59 | 4.1% |
| 143rd | Kyrgyz Republic | -0.62 | 2.5% |
| 144th | Tunisia | -0.62 | -49.5% |
| 145th | Gambia, The | -0.64 | 10.5% |
| 146th | Papua New Guinea | -0.64 | 5.8% |
| 147th | Nepal | -0.66 | -1.7% |
| 148th | Egypt, Arab Republic of | -0.67 | 6.8% |
| 149th | Maldives | -0.67 | -2.2% |
| 150th | Mali | -0.68 | -7.2% |
| 151st | Cambodia | -0.68 | 3.5% |
| 152nd | Gabon | -0.70 | -0.4% |
| 153rd | Mozambique | -0.71 | 2.4% |
| 154th | Eswatini | -0.72 | 0.2% |
| 155th | Ecuador | -0.72 | -56.2% |
| 156th | Suriname | -0.73 | 7.8% |
| 157th | Angola | -0.76 | -25.5% |
| 158th | Malawi | -0.77 | -4.4% |
| 159th | Solomon Islands | -0.78 | -1.8% |
| 160th | Madagascar | -0.80 | 2.0% |
| 161st | Niger | -0.82 | -13.3% |
| 162nd | Nicaragua | -0.88 | 4.0% |
| 163rd | Pakistan | -0.90 | -1.6% |
| 164th | Cameroon | -0.91 | -1.6% |
| 165th | Bangladesh | -0.91 | 1.5% |
| 166th | Liberia | -0.92 | 5.8% |
| 167th | Lao PDR | -0.93 | 6.0% |
| 168th | Djibouti | -0.93 | -3.7% |
| 169th | Nigeria | -0.94 | 19.0% |
| 170th | São Tomé and Principe | -0.94 | -5.6% |
| 171st | Algeria | -0.95 | 10.9% |
| 172nd | Burundi | -0.99 | -4.0% |
| 173rd | Mauritania | -1.00 | 6.1% |
| 174th | Lebanon | -1.01 | 10.4% |
| 175th | Sierra Leone | -1.06 | -0.8% |
| 176th | Guinea | -1.08 | -2.5% |
| 177th | Russian Federation | -1.12 | 1.7% |
| 178th | Chad | -1.16 | -0.6% |
| 179th | Bolivia, Plurinational State of | -1.18 | 2.8% |
| 180th | Tajikistan | -1.18 | 1.6% |
| 181st | Comoros | -1.24 | -3.2% |
| 182nd | Congo, Republic of | -1.24 | 1.7% |
| 183rd | Guinea-Bissau | -1.25 | 5.4% |
| 184th | Afghanistan | -1.27 | 0.4% |
| 185th | Zimbabwe | -1.34 | 6.1% |
| 186th | Haiti | -1.39 | -5.8% |
| 187th | Congo, Democratic Republic of | -1.41 | 4.6% |
| 188th | Belarus | -1.42 | -6.6% |
| 189th | Myanmar | -1.44 | -16.3% |
| 190th | Iraq | -1.44 | -21.8% |
| 191st | Central African Republic | -1.47 | 0.4% |
| 192nd | Equatorial Guinea | -1.47 | 1.3% |
| 193rd | Cuba | -1.50 | -8.6% |
| 194th | Sudan | -1.60 | -1.4% |
| 195th | Iran, Islamic Republic of | -1.69 | -5.9% |
| 196th | Syrian Arab Republic | -1.81 | 0.8% |
| 197th | Yemen, Republic of | -1.84 | 3.9% |
| 198th | Somalia, Fed. Rep. | -1.88 | 1.1% |
| 199th | Libya | -1.95 | 6.9% |
| 200th | Turkmenistan | -2.07 | -0.1% |
| 201st | South Sudan | -2.12 | -0.6% |
| 202nd | Eritrea | -2.36 | 0.3% |
| 203rd | Korea, Democratic People’s Republic of | -2.39 | 0.3% |
FAQ
What was Singapore's regulatory quality in 2023?▾
Singapore's regulatory quality in 2023 was 2.31. This ranked 1st globally.
How did Singapore's regulatory quality change in 2023?▾
Singapore's regulatory quality increased by 4.3% in 2023 compared to 2022.
Which country had the highest regulatory quality in 2023?▾
Singapore had the highest regulatory quality in 2023 at 2.31.
What is the regulatory quality of Singapore in 2023?▾
The regulatory quality of Singapore in 2023 was 2.31. This ranked 1st globally.
How does 2023 compare to 2022 for Singapore's regulatory quality?▾
Singapore's regulatory quality went from 2.21 in 2022 to 2.31 in 2023, a 4.3% increase.
Related
2022
All years
Full ranking 2023
Political Stability
Government Effectiveness
Rule of Law
Control of Corruption
Voice and Accountability
Peak: 2025
Lowest: 2005
Regulatory Quality 1990s
Regulatory Quality 2000s
Regulatory Quality 2010s
Regulatory Quality 2020s
Highest ever
Lowest ever
Average
vs Norway
vs Iceland
vs Cayman Islands
vs United States
ASEAN Regulatory Quality
Global Ranking