Political Stability - Governance estimate in South Korea

South Korea: Political Stability - Governance estimate was 0.6393 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
0.6393 approx. -2.5 to +2.5
Change on year
down 31.4%
World rank
60th
of 206 countries
All-time high
0.9322 approx. -2.5 to +2.5
in 2023
All-time low
0.336 approx. -2.5 to +2.5
in 2003
Years of data
26
1996–2024

Political Stability - Governance estimate in South Korea, 1996–2024

00.20.40.60.811996201020241996: 0.657 approx. -2.5 to +2.51998: 0.523 approx. -2.5 to +2.52000: 0.432 approx. -2.5 to +2.52002: 0.389 approx. -2.5 to +2.52003: 0.336 approx. -2.5 to +2.52004: 0.523 approx. -2.5 to +2.52005: 0.658 approx. -2.5 to +2.52006: 0.609 approx. -2.5 to +2.52007: 0.751 approx. -2.5 to +2.52008: 0.593 approx. -2.5 to +2.52009: 0.631 approx. -2.5 to +2.52010: 0.581 approx. -2.5 to +2.52011: 0.541 approx. -2.5 to +2.52012: 0.499 approx. -2.5 to +2.52013: 0.506 approx. -2.5 to +2.52014: 0.597 approx. -2.5 to +2.52015: 0.668 approx. -2.5 to +2.52016: 0.516 approx. -2.5 to +2.52017: 0.625 approx. -2.5 to +2.52018: 0.871 approx. -2.5 to +2.52019: 0.854 approx. -2.5 to +2.52020: 0.868 approx. -2.5 to +2.52021: 0.901 approx. -2.5 to +2.52022: 0.856 approx. -2.5 to +2.52023: 0.932 approx. -2.5 to +2.52024: 0.639 approx. -2.5 to +2.5

Source: The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Measured in approx. -2.5 to +2.5.

Analysis

The most recent figure for political stability - governance estimate in South Korea is 0.6393 approx. -2.5 to +2.5, measured in 2024.

Compared with earlier readings it is down 31.4% on the previous year and up 7.1% over ten years.

Over the whole period, political stability - governance estimate in South Korea peaked at 0.9322 approx. -2.5 to +2.5 in 2023 and was at its lowest, 0.336 approx. -2.5 to +2.5, in 2003.

That places South Korea 60th out of 206 countries with data for 2024, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5901 approx. -2.5 to +2.5 0.5229 approx. -2.5 to +2.5 0.6573 approx. -2.5 to +2.5 2
2000s 0.5468 approx. -2.5 to +2.5 0.336 approx. -2.5 to +2.5 0.7507 approx. -2.5 to +2.5 9
2010s 0.6258 approx. -2.5 to +2.5 0.4992 approx. -2.5 to +2.5 0.8705 approx. -2.5 to +2.5 10
2020s 0.8391 approx. -2.5 to +2.5 0.6393 approx. -2.5 to +2.5 0.9322 approx. -2.5 to +2.5 5

Countries ranked near South Korea

  1. 57 Ireland 0.71 approx. -2.5 to +2.5 compare
  2. 58 Estonia 0.6996 approx. -2.5 to +2.5 compare
  3. 59 Fiji 0.6984 approx. -2.5 to +2.5 compare
  4. 61 Slovakia 0.6344 approx. -2.5 to +2.5 compare
  5. 62 Hong Kong 0.6311 approx. -2.5 to +2.5 compare
  6. 63 Oman 0.6272 approx. -2.5 to +2.5 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 political stability - governance estimate in South Korea?
Political stability - governance estimate in South Korea was 0.6393 approx. -2.5 to +2.5 in 2024, according to The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG).
What is the highest political stability - governance estimate recorded in South Korea?
The highest recorded value was 0.9322 approx. -2.5 to +2.5 in 2023.
What is the lowest political stability - governance estimate recorded in South Korea?
The lowest recorded value was 0.336 approx. -2.5 to +2.5 in 2003.
How does South Korea rank for political stability - governance estimate?
South Korea ranks 60th out of 206 countries with data for 2024.
Is political stability - governance estimate rising or falling in South Korea?
Over the last ten years it is up 7.1%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG), published as part of Political Stability - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.

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About this data

Indicator
Political Stability - Governance estimate (approx. -2.5 to +2.5)
Unit
approx. -2.5 to +2.5
Source
The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 5,229 data points, 1996–2024
Last refreshed

Political Stability (PV) captures perceptions of the extent to which political power and governance are secure from destabilization, and of the likelihood that authority will be challenged or altered through violent, coercive, or unconstitutional means. Governance estimate from the aggregation model, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) standard error. The number of sources indicates the number of underlying data sources on which the governance estimate is based. The standard error indicates the precision of the governance estimate. Larger values indicate less precise estimates. A 90% confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.