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 (Sep) | 3,28% | +0.09 | |
| Inflasi mom (Agu) | 0,21% | +0.35 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18.081 | +0.24 | |
| PDB ADHK (Q2) | 3.576,20 | +3.73 | |
| Ekspor Migas (Agu) | 992,20 | +25.98 | |
| Neraca perdagangan (Agu) | 3,55 | +2,814.03 | |
| Impor Migas (Agu) | 3,53 | -6.37 | |
| Ekspor (Agu) | 26,61 | +1.51 | |
| Impor (Agu) | 23,06 | -11.63 | |
| Kunjungan Wisman (Agu) | 1,60 | +4.89 | |
| NTP (Jul) | 116,16 | +1.32 |