Overall STRI performance in 2022

The top ten economies with the best regulatory performance on average in the 2022 STRI were Japan, the United Kingdom, the Netherlands, the Czech Republic, Chile, Latvia, Spain, Germany, Ireland, and Denmark (Figure 3). Twenty-nine countries out of the 50 have a higher average STRI than the OECD average.

Figure 3 shows the differences in services market openness as measured by the STRI between OECD and non-OECD members. The average level of restriction in non-OECD countries across 22 sectors is 1.5 times higher than in OECD countries in 2022, indicating continued regulatory fragmentation and uneven market access challenges. However, several non-OECD economies have been progressively converging towards more liberal market structures in recent years.

The 2022 STRI indices for all sectors are included in Annex B.

Figure 3. Average STRI across countries, 2022

Note: The STRI indices take values between zero and one, one being the most restrictive. The STRI database records measures on a Most Favoured Nation basis. Air transport and road freight cover only commercial establishment (with accompanying movement of people). The indices are based on laws and regulations in force on 31 October 2022. The STRI regulatory database covers the 38 OECD countries, Brazil, the People’s Republic of China, India, Indonesia, Kazakhstan, Malaysia, Peru, Singapore, South Africa, Thailand, and Viet Nam

The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law.

Source: OECD STRI database (http://oe.cd/stri-db).