Iceland vs South Korea: Regulatory Quality - Governance estimate (approx. -2.5 to +2.5)
Iceland
1.07 approx. -2.5 to +2.5
in 2025
South Korea
1 approx. -2.5 to +2.5
in 2025
Iceland rank
29th
South Korea rank
32nd
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) over time
- Iceland
- South Korea
How they compare
Iceland currently reports 1.07 approx. -2.5 to +2.5 against 1 approx. -2.5 to +2.5 in South Korea, a difference of 0.07 approx. -2.5 to +2.5.
That makes Iceland's figure about 1.1 times South Korea's.
Across all 27 years both countries report, Iceland has been ahead every year.
Iceland ranks 29th and South Korea ranks 32nd of 206 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.965 approx. -2.5 to +2.5 | 0.2804 approx. -2.5 to +2.5 | 0.6846 approx. -2.5 to +2.5 | Iceland |
| 2000s | 1.64 approx. -2.5 to +2.5 | 0.7351 approx. -2.5 to +2.5 | 0.9034 approx. -2.5 to +2.5 | Iceland |
| 2010s | 1.33 approx. -2.5 to +2.5 | 0.9554 approx. -2.5 to +2.5 | 0.3705 approx. -2.5 to +2.5 | Iceland |
| 2020s | 1.37 approx. -2.5 to +2.5 | 0.9879 approx. -2.5 to +2.5 | 0.3784 approx. -2.5 to +2.5 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher regulatory quality - governance estimate, Iceland or South Korea?
- Iceland, at 1.07 approx. -2.5 to +2.5 against 1 approx. -2.5 to +2.5 in South Korea as of 2025.
- What is the difference in regulatory quality - governance estimate between Iceland and South Korea?
- 0.07 approx. -2.5 to +2.5, with Iceland ahead.
- How many years of comparable data are there for Iceland and South Korea?
- 27 years are reported by both, from 1996 to 2025.
- How do Iceland and South Korea rank globally for regulatory quality - governance estimate?
- Iceland ranks 29th and South Korea ranks 32nd of 206 countries.
- Where does this data come from?
- The World Bank, published as Regulatory Quality - Governance estimate (approx. -2.5 to +2.5). Statizoid refreshes it automatically from the source and publishes the full history for both places.