Government Effectiveness - Governance estimate (approx. -2.5 to) in South Korea

South Korea: Government Effectiveness - Governance estimate (approx. -2.5 to) was 0 approx. -2.5 to +2.5 per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0 approx. -2.5 to +2.5 per US$ of GDP
Change on year
down 2.2%
World rank
81st
of 204 countries
All-time high
0 approx. -2.5 to +2.5 per US$ of GDP
in 2002
All-time low
0 approx. -2.5 to +2.5 per US$ of GDP
in 2017
Years of data
26
1996–2024

Government Effectiveness - Governance estimate (approx. -2.5 to) in South Korea, 1996–2024

00001996201020241996: 0 approx. -2.5 to +2.5 per US$ of GDP1998: 0 approx. -2.5 to +2.5 per US$ of GDP2000: 0 approx. -2.5 to +2.5 per US$ of GDP2002: 0 approx. -2.5 to +2.5 per US$ of GDP2003: 0 approx. -2.5 to +2.5 per US$ of GDP2004: 0 approx. -2.5 to +2.5 per US$ of GDP2005: 0 approx. -2.5 to +2.5 per US$ of GDP2006: 0 approx. -2.5 to +2.5 per US$ of GDP2007: 0 approx. -2.5 to +2.5 per US$ of GDP2008: 0 approx. -2.5 to +2.5 per US$ of GDP2009: 0 approx. -2.5 to +2.5 per US$ of GDP2010: 0 approx. -2.5 to +2.5 per US$ of GDP2011: 0 approx. -2.5 to +2.5 per US$ of GDP2012: 0 approx. -2.5 to +2.5 per US$ of GDP2013: 0 approx. -2.5 to +2.5 per US$ of GDP2014: 0 approx. -2.5 to +2.5 per US$ of GDP2015: 0 approx. -2.5 to +2.5 per US$ of GDP2016: 0 approx. -2.5 to +2.5 per US$ of GDP2017: 0 approx. -2.5 to +2.5 per US$ of GDP2018: 0 approx. -2.5 to +2.5 per US$ of GDP2019: 0 approx. -2.5 to +2.5 per US$ of GDP2020: 0 approx. -2.5 to +2.5 per US$ of GDP2021: 0 approx. -2.5 to +2.5 per US$ of GDP2022: 0 approx. -2.5 to +2.5 per US$ of GDP2023: 0 approx. -2.5 to +2.5 per US$ of GDP2024: 0 approx. -2.5 to +2.5 per US$ of GDP

Source: Statizoid (derived). Measured in approx. -2.5 to +2.5 per US$ of GDP.

Analysis

In 2024, government effectiveness - governance estimate (approx. -2.5 to) in South Korea stood at 0 approx. -2.5 to +2.5 per US$ of GDP.

The figure is down 2.2% on the previous year and up 4.0% over ten years.

Over the whole period, government effectiveness - governance estimate (approx. -2.5 to) in South Korea peaked at 0 approx. -2.5 to +2.5 per US$ of GDP in 2002 and was at its lowest, 0 approx. -2.5 to +2.5 per US$ of GDP, in 2017.

South Korea ranks 81st of 204 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 26 years of available data.

Government Effectiveness - Governance estimate (approx. -2.5 to) in South Korea, year by year

Annual values for Government Effectiveness - Governance estimate (approx. -2.5 to +2.5), per unit of GDP in South Korea, 1996 to 2024.
Year approx. -2.5 to +2.5 per US$ of GDP Change
1996 0 approx. -2.5 to +2.5 per US$ of GDP —
1998 0 approx. -2.5 to +2.5 per US$ of GDP -27.7%
2000 0 approx. -2.5 to +2.5 per US$ of GDP +38.3%
2002 0 approx. -2.5 to +2.5 per US$ of GDP +42.2%
2003 0 approx. -2.5 to +2.5 per US$ of GDP -15.8%
2004 0 approx. -2.5 to +2.5 per US$ of GDP -20.5%
2005 0 approx. -2.5 to +2.5 per US$ of GDP +0.1%
2006 0 approx. -2.5 to +2.5 per US$ of GDP -19.4%
2007 0 approx. -2.5 to +2.5 per US$ of GDP +10.8%
2008 0 approx. -2.5 to +2.5 per US$ of GDP -8.4%
2009 0 approx. -2.5 to +2.5 per US$ of GDP +21.3%
2010 0 approx. -2.5 to +2.5 per US$ of GDP +2.2%
2011 0 approx. -2.5 to +2.5 per US$ of GDP -5.1%
2012 0 approx. -2.5 to +2.5 per US$ of GDP -1.4%
2013 0 approx. -2.5 to +2.5 per US$ of GDP -14.6%
2014 0 approx. -2.5 to +2.5 per US$ of GDP -10.6%
2015 0 approx. -2.5 to +2.5 per US$ of GDP +2.1%
2016 0 approx. -2.5 to +2.5 per US$ of GDP -3.5%
2017 0 approx. -2.5 to +2.5 per US$ of GDP -7.9%
2018 0 approx. -2.5 to +2.5 per US$ of GDP +9.9%
2019 0 approx. -2.5 to +2.5 per US$ of GDP +22.3%
2020 0 approx. -2.5 to +2.5 per US$ of GDP -1.8%
2021 0 approx. -2.5 to +2.5 per US$ of GDP -8.2%
2022 0 approx. -2.5 to +2.5 per US$ of GDP -1.5%
2023 0 approx. -2.5 to +2.5 per US$ of GDP -1.7%
2024 0 approx. -2.5 to +2.5 per US$ of GDP -2.2%

South Korea compared with similar countries

  • South Korea's 0 approx. -2.5 to +2.5 per US$ of GDP is below the median for high income countries, which is 0 approx. -2.5 to +2.5 per US$ of GDP, 18% of the median. (73 countries reporting)
  • South Korea's 0 approx. -2.5 to +2.5 per US$ of GDP is above the median for East Asia & Pacific, which is 0 approx. -2.5 to +2.5 per US$ of GDP, 2.5× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 2
2000s 0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 9
2010s 0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 10
2020s 0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 0 approx. -2.5 to +2.5 per US$ of GDP 5

Countries ranked near South Korea

  1. 78 Morocco 0 approx. -2.5 to +2.5 per US$ of GDP compare
  2. 79 Romania 0 approx. -2.5 to +2.5 per US$ of GDP compare
  3. 80 Australia 0 approx. -2.5 to +2.5 per US$ of GDP compare
  4. 82 Canada 0 approx. -2.5 to +2.5 per US$ of GDP compare
  5. 83 Greece 0 approx. -2.5 to +2.5 per US$ of GDP compare
  6. 84 Poland 0 approx. -2.5 to +2.5 per US$ of GDP compare

See the full ranking of 204 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is government effectiveness - governance estimate (approx. -2.5 to) in South Korea?
Government effectiveness - governance estimate (approx. -2.5 to) in South Korea was 0 approx. -2.5 to +2.5 per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest government effectiveness - governance estimate (approx. -2.5 to) recorded in South Korea?
The highest recorded value was 0 approx. -2.5 to +2.5 per US$ of GDP in 2002.
What is the lowest government effectiveness - governance estimate (approx. -2.5 to) recorded in South Korea?
The lowest recorded value was 0 approx. -2.5 to +2.5 per US$ of GDP in 2017.
How does South Korea rank for government effectiveness - governance estimate (approx. -2.5 to)?
South Korea ranks 81st out of 204 countries with data for 2024.
Is government effectiveness - governance estimate (approx. -2.5 to) rising or falling in South Korea?
Over the last ten years it is up 4.0%. The long-run trend across the full record is falling.
Where does this South Korea data come from?
The figures come from Statizoid (derived), published as part of Government Effectiveness - Governance estimate (approx. -2.5 to +2.5), per unit of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

Government Effectiveness - Governance estimate (approx. -2.5 to) in South Korea. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/government-effectiveness-governance-estimate-approx-2-5-to-2-5-per-unit-of-gdp/korea-rep/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://reference.statizoid.com/stat/government-effectiveness-governance-estimate-approx-2-5-to-2-5-per-unit-of-gdp/korea-rep/">Government Effectiveness - Governance estimate (approx. -2.5 to) in South Korea</a> — Statizoid

How this figure is calculated

Government Effectiveness - Governance estimate (approx. -2.5 to +2.5) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Government Effectiveness - Governance estimate (approx. -2.5 to +2.5) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Government Effectiveness - Governance estimate (approx. -2.5 to +2.5), per unit of GDP
Unit
approx. -2.5 to +2.5 per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 5,080 data points, 1996–2024
Last refreshed

Government Effectiveness - Governance estimate (approx. -2.5 to +2.5) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.