Regulatory quality in South America

12 countries in South America, 2024. Unit: score 0-100. World ranking →

First in the ranking
67.2 /100
Chile
Median country
50.7 /100
half above, half below
Range
24.8 to 67.2
Venezuela - Chile

How to read it

Across 12 countries in South America, the highest value is in Chile (67.2 /100) and the lowest in Venezuela (24.8 /100).

The median country is at 50.7 /100: half are above, half below.

Regulatory Quality (RQ) captures perceptions of the government’s ability to design and implement policies and regulations that promote private sector development. Governance score is a linear transformation of the governance estimate using hypothetical worst-case and base-case countries. It is an absolute score ranging from 0-100. Larger values correspond to better governance.

Compare selected countries · on the world map

Source: World Bank, Worldwide Governance Indicators · licence

Regulatory quality over time

/100

Ranking of countries

2024
In chart Share of the highest value
1Chile67.2
2Uruguay65.1
3Peru56.2
4Colombia55.1
5Paraguay52.6
6Argentina51.2
7Brazil50.2
8Guyana47.8
9Ecuador44.7
10Suriname40.4
11Bolivia35.1
12Venezuela24.8
World Bank, WGI · 2024 · CC BY 4.0 Source and licence

Tick a country in the table to add it to the chart above, up to six at a time. The ranking uses the latest year for which at least half of the countries have a value; countries without a value that year are not listed.