Korea vs Latvia: Regulatory Quality - Governance estimate

Korea
1.01 approx. -2.5 to +2.5
in 2024
Latvia
1.1 approx. -2.5 to +2.5
in 2024
Korea rank
35th
Latvia rank
33rd

Regulatory Quality - Governance estimate over time

  • Korea
  • Latvia
0.20.40.60.811.2199620102024

How they compare

Latvia currently reports 1.1 approx. -2.5 to +2.5 against 1.01 approx. -2.5 to +2.5 in Korea, a difference of 0.09 approx. -2.5 to +2.5.

That makes Latvia's figure about 1.1 times Korea's.

The two have swapped places 6 times across 26 shared years of data; in 1996 it was Latvia ahead.

Korea ranks 35th and Latvia ranks 33rd of 205 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Korea Latvia Difference Ahead
1990s 0.1637 approx. -2.5 to +2.5 0.5346 approx. -2.5 to +2.5 0.3709 approx. -2.5 to +2.5 Latvia
2000s 0.736 approx. -2.5 to +2.5 0.9329 approx. -2.5 to +2.5 0.1969 approx. -2.5 to +2.5 Latvia
2010s 0.9475 approx. -2.5 to +2.5 0.9934 approx. -2.5 to +2.5 0.0459 approx. -2.5 to +2.5 Latvia
2020s 0.9854 approx. -2.5 to +2.5 1.03 approx. -2.5 to +2.5 0.0426 approx. -2.5 to +2.5 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher regulatory quality - governance estimate, Korea or Latvia?
Latvia, at 1.1 approx. -2.5 to +2.5 against 1.01 approx. -2.5 to +2.5 in Korea as of 2024.
What is the difference in regulatory quality - governance estimate between Korea and Latvia?
0.09 approx. -2.5 to +2.5, with Latvia ahead.
How many years of comparable data are there for Korea and Latvia?
26 years are reported by both, from 1996 to 2024.
How do Korea and Latvia rank globally for regulatory quality - governance estimate?
Korea ranks 35th and Latvia ranks 33rd of 205 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.

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Korea vs Latvia: Regulatory Quality - Governance estimate. Statizoid. Retrieved 17 August 2026, from https://reference.statizoid.com/compare/regulatory-quality-governance-estimate-approx-2-5-to-2-5-2/korea-rep/latvia/

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About this data

Indicator
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5)
Unit
approx. -2.5 to +2.5
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 5,169 data points, 1996–2024
Last refreshed