economic2024

Market competition regulatory quality

Compare market competition regulatory quality across 50 ISO-mapped countries or territories using one fixed 2024 official-source slice.

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Key Insights

Global Average
51.0score from 0 (low) to 100 (high)
Median: 53.2score from 0 (low) to 100 (high)
Countries Covered
50
with available data
Highest
Colombia
71.6score from 0 (low) to 100 (high)
Lowest
Timor-Leste
22.3score from 0 (low) to 100 (high)
Top 5 Countries
1Colombia71.6score from 0 (low) to 100 (high)
2Greece71.0score from 0 (low) to 100 (high)
3Bulgaria69.2score from 0 (low) to 100 (high)
4Hungary68.4score from 0 (low) to 100 (high)
5Portugal66.0score from 0 (low) to 100 (high)
By Region
Key Findings
  • 50 ISO-mapped countries or territories have a finite 2024 observation.
  • Colombia has the highest published value (71.5952369272709 score from 0 (low) to 100 (high)).
  • Timor-Leste has the lowest published value (22.2531563341618 score from 0 (low) to 100 (high)).

Country Rankings

Top 10 Countries

Bottom 10 Countries

Data Analysis

Value Distribution

How countries are distributed across the value range

Low (22.3score from 0 (low) to 100 (high))High (71.6score from 0 (low) to 100 (high))

Regional Comparison

Average values by world region (Global avg: 51.0score from 0 (low) to 100 (high))

About This Statistic

B-READY focuses on ten topics that are organized following the life cycle of the firm and its participation in the market while opening, operating (or expanding), and closing (or reorganizing) a business. The Market Competition topic measures good practices related to the enforcement of competition policy, intellectual property rights and innovation policy, and regulations that focus on improving competition and innovation in markets where the government is a purchaser of services or goods, across the three different pillars. The first pillar assesses the quality of regulations that promote market competition, covering de jure features of a regulatory framework that enable firms to participate in fair market conditions and innovate, and where firms can participate in open and competitive government markets.

MapTheory retains one fixed year, unit and explicit source slice. Only finite ISO-mapped observations are included; aggregates, missing values, non-ISO geographies and conflicting duplicates are excluded. No values are estimated or imputed by MapTheory.

Methodology

B-READY focuses on ten topics that are organized following the life cycle of the firm and its participation in the market while opening, operating (or expanding), and closing (or reorganizing) a business. The Market Competition topic measures good practices related to the enforcement of competition policy, intellectual property rights and innovation policy, and regulations that focus on improving competition and innovation in markets where the government is a purchaser of services or goods, across the three different pillars. The first pillar assesses the quality of regulations that promote market competition, covering de jure features of a regulatory framework that enable firms to participate in fair market conditions and innovate, and where firms can participate in open and competitive government markets.

Full Data

Rank Country Value
1Colombia71.6score from 0 (low) to 100 (high)
2Greece71.0score from 0 (low) to 100 (high)
3Bulgaria69.2score from 0 (low) to 100 (high)
4Hungary68.4score from 0 (low) to 100 (high)
5Portugal66.0score from 0 (low) to 100 (high)
6Morocco64.8score from 0 (low) to 100 (high)
7Vietnam63.7score from 0 (low) to 100 (high)
8The Republic of North Macedonia63.2score from 0 (low) to 100 (high)
9Romania62.6score from 0 (low) to 100 (high)
10Slovakia62.0score from 0 (low) to 100 (high)
11Peru61.9score from 0 (low) to 100 (high)
12Rwanda61.3score from 0 (low) to 100 (high)
13El Salvador61.2score from 0 (low) to 100 (high)
14Costa Rica60.7score from 0 (low) to 100 (high)
15United Republic of Tanzania60.1score from 0 (low) to 100 (high)
16Mexico60.1score from 0 (low) to 100 (high)
17Montenegro59.0score from 0 (low) to 100 (high)
18Togo57.9score from 0 (low) to 100 (high)
19Croatia57.8score from 0 (low) to 100 (high)
20Bosnia and Herzegovina57.8score from 0 (low) to 100 (high)
21Estonia57.6score from 0 (low) to 100 (high)
22Botswana56.9score from 0 (low) to 100 (high)
23Cote d'Ivoire55.6score from 0 (low) to 100 (high)
24Kyrgyzstan54.4score from 0 (low) to 100 (high)
25Georgia54.2score from 0 (low) to 100 (high)
26Philippines52.1score from 0 (low) to 100 (high)
27Paraguay50.7score from 0 (low) to 100 (high)
28Indonesia50.7score from 0 (low) to 100 (high)
29Samoa49.9score from 0 (low) to 100 (high)
30Central African Republic49.8score from 0 (low) to 100 (high)
31Madagascar49.1score from 0 (low) to 100 (high)
32Pakistan48.7score from 0 (low) to 100 (high)
33Mauritius48.4score from 0 (low) to 100 (high)
34Chad46.5score from 0 (low) to 100 (high)
35Seychelles42.9score from 0 (low) to 100 (high)
36Singapore42.1score from 0 (low) to 100 (high)
37Cambodia41.3score from 0 (low) to 100 (high)
38Barbados41.1score from 0 (low) to 100 (high)
39New Zealand39.6score from 0 (low) to 100 (high)
40Hong Kong39.3score from 0 (low) to 100 (high)
41Sierra Leone38.9score from 0 (low) to 100 (high)
42Bangladesh36.9score from 0 (low) to 100 (high)
43Ghana36.9score from 0 (low) to 100 (high)
44Nepal36.3score from 0 (low) to 100 (high)
45Lesotho31.8score from 0 (low) to 100 (high)
46Republic of The Gambia31.7score from 0 (low) to 100 (high)
47State of Palestine30.4score from 0 (low) to 100 (high)
48Iraq29.5score from 0 (low) to 100 (high)
49Vanuatu25.8score from 0 (low) to 100 (high)
50Timor-Leste22.3score from 0 (low) to 100 (high)
Showing 50 of 50 countries

Topics

Data Source

This data comes from World Bank World Development Indicators (2024).

View Original Source