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.
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Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Jun) | 3,34% | +0.26 | |
| Inflasi mom (Jun) | 0,44% | +0.16 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 17.968 | -0.06 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Neraca perdagangan (Mei) | -1,61 | -1,907.18 | |
| Ekspor Migas (Apr) | 1,16 | -9.81 | |
| Impor Migas (Mei) | 4,51 | -1.82 | |
| Ekspor (Apr) | 25,30 | +12.32 | |
| Impor (Mei) | 24,81 | -1.59 | |
| Kunjungan Wisman (Apr) | 1,25 | +14.75 | |
| NTP (Jun) | 114,65 | +0.76 |