Government Effectiveness - Standard error of the governance estimate in South Korea

South Korea: Government Effectiveness - Standard error of the governance estimate was 0.2242 in 2024. ▼ Falling

Latest (2024)
0.2242
Change on year
down 0.5%
World rank
116th
of 206 countries
All-time high
0.2527
in 1996
All-time low
0.2242
in 2024
Years of data
26
1996–2024

Government Effectiveness - Standard error of the governance estimate in South Korea, 1996–2024

00.10.20.31996201020241996: 0.2531998: 0.2532000: 0.2532002: 0.2382003: 0.2382004: 0.2382005: 0.2382006: 0.2352007: 0.2352008: 0.2352009: 0.2352010: 0.2352011: 0.2352012: 0.2352013: 0.2352014: 0.2352015: 0.2352016: 0.2352017: 0.2352018: 0.2352019: 0.2352020: 0.2352021: 0.2352022: 0.2252023: 0.2252024: 0.224

Source: World Bank.

Analysis

The most recent figure for government effectiveness - standard error of the governance estimate in South Korea is 0.2242, measured in 2024. That is the lowest value across all 26 years on record.

That represents a change of down 0.5% on the previous year and down 4.7% over ten years.

Over the whole period, government effectiveness - standard error of the governance estimate in South Korea peaked at 0.2527 in 1996 and was at its lowest, 0.2242, in 2024.

South Korea ranks 116th of 206 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 - Standard error of the governance estimate in South Korea, year by year

Annual values for Government Effectiveness - Standard error of the governance estimate in South Korea, 1996 to 2024.
Year Value Change
1996 0.2527 —
1998 0.2527 +0.0%
2000 0.2527 +0.0%
2002 0.2381 -5.8%
2003 0.2381 -0.0%
2004 0.2381 +0.0%
2005 0.2381 +0.0%
2006 0.2352 -1.2%
2007 0.2352 +0.0%
2008 0.2352 +0.0%
2009 0.2352 +0.0%
2010 0.2352 +0.0%
2011 0.2352 +0.0%
2012 0.2352 +0.0%
2013 0.2352 +0.0%
2014 0.2352 +0.0%
2015 0.2352 +0.0%
2016 0.2352 +0.0%
2017 0.2352 +0.0%
2018 0.2352 +0.0%
2019 0.2352 +0.0%
2020 0.2352 +0.0%
2021 0.2352 +0.0%
2022 0.2254 -4.2%
2023 0.2254 +0.0%
2024 0.2242 -0.5%

South Korea compared with similar countries

  • South Korea's 0.2242 is below the median for high income countries, which is 0.2324, 96% of the median. (74 countries reporting)
  • South Korea's 0.2242 is below the median for East Asia & Pacific, which is 0.2527, 89% of the median. (34 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2527 0.2527 0.2527 2
2000s 0.2384 0.2352 0.2527 9
2010s 0.2352 0.2352 0.2352 10
2020s 0.2291 0.2242 0.2352 5

Countries ranked near South Korea

  1. 116 Singapore 0.2242 compare
  2. 118 Eswatini 0.2241 compare
  3. 119 Cape Verde 0.2241 compare

See the full ranking of 206 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is government effectiveness - standard error of the governance estimate in South Korea?
Government effectiveness - standard error of the governance estimate in South Korea was 0.2242 in 2024, according to the World Bank.
What is the highest government effectiveness - standard error of the governance estimate recorded in South Korea?
The highest recorded value was 0.2527 in 1996.
What is the lowest government effectiveness - standard error of the governance estimate recorded in South Korea?
The lowest recorded value was 0.2242 in 2024.
How does South Korea rank for government effectiveness - standard error of the governance estimate?
South Korea ranks 116th out of 206 countries with data for 2024.
Is government effectiveness - standard error of the governance estimate rising or falling in South Korea?
Over the last ten years it is down 4.7%. The long-run trend across the full record is falling.
Where does this South Korea data come from?
The figures come from the World Bank, published as part of Government Effectiveness - Standard error of the governance estimate. Statizoid updates them automatically from the source API.

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Government Effectiveness - Standard error of the governance estimate in South Korea. Statizoid. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/government-effectiveness-standard-error-of-the-governance-estimate/korea-rep/

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About this data

Indicator
Government Effectiveness - Standard error of the governance estimate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 5,187 data points, 1996–2024
Last refreshed