Despite Still Being Negative, Indonesia's Regulatory Quality Has Improved Over the Past 10 Years
- A Small
- A Medium
- A Bigger
The World Bank gave Indonesia a score of -0.07 for regulatory quality in 2018, a score that has steadily improved over the past 10 years. However, the score has remained negative since 1996, reaching its lowest point of -0.8 in 2003.
This index measures a government's ability to formulate regulations for the development of private sector businesses. The best possible score is 2.5, while the worst is -2.5.
This persistently poor score is one of the reasons the government initiated the *omnibus law* on Job Creation, which was passed by the House of Representatives (DPR) on Monday, October 5th.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
Related Data
Latest Data Stories
Market Data
| Name | Value | % | |
|---|---|---|---|
| Economic growth | 5,11% | +0.08 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Nilai Tukar USDIDR | 18 | 0.00 | |
| Neraca perdagangan (Mar) | 3,32 | +160.82 | |
| Ekspor Migas (Mar) | 1,28 | +18.60 | |
| Impor Migas (Mar) | 3,17 | +58.74 | |
| Ekspor (Mar) | 22,53 | +1.62 | |
| Impor (Mar) | 19,21 | -8.08 | |
| Kunjungan Wisman (Feb) | 1,16 | -2.42 | |
| Inflasi yoy (Apr) | 2,42% | -1.06 | |
| Inflasi mom (Apr) | 0,13% | -0.28 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| NTP (Apr) | 112,29 | +0.43 |
Trending Topics
Popular Data
