Regulatory Quality - Governance estimate in South Korea
South Korea: Regulatory Quality - Governance estimate was 1.01 approx. -2.5 to +2.5 in 2024. ▲ Rising
Regulatory Quality - Governance estimate in South Korea, 1996–2024
Source: World Bank. Measured in approx. -2.5 to +2.5.
Analysis
The most recent figure for regulatory quality - governance estimate in South Korea is 1.01 approx. -2.5 to +2.5, measured in 2024.
The figure is up 1.4% on the previous year and up 2.0% over ten years.
Over the whole period, regulatory quality - governance estimate in South Korea peaked at 1.02 approx. -2.5 to +2.5 in 2013 and was at its lowest, 0.1172 approx. -2.5 to +2.5, in 1998.
South Korea ranks 35th of 206 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Regulatory Quality - Governance estimate in South Korea, year by year
| Year | approx. -2.5 to +2.5 | Change |
|---|---|---|
| 1996 | 0.2102 approx. -2.5 to +2.5 | — |
| 1998 | 0.1172 approx. -2.5 to +2.5 | -44.3% |
| 2000 | 0.4605 approx. -2.5 to +2.5 | +293.1% |
| 2002 | 0.6892 approx. -2.5 to +2.5 | +49.7% |
| 2003 | 0.5899 approx. -2.5 to +2.5 | -14.4% |
| 2004 | 0.8059 approx. -2.5 to +2.5 | +36.6% |
| 2005 | 0.8757 approx. -2.5 to +2.5 | +8.7% |
| 2006 | 0.7855 approx. -2.5 to +2.5 | -10.3% |
| 2007 | 0.9818 approx. -2.5 to +2.5 | +25.0% |
| 2008 | 0.6843 approx. -2.5 to +2.5 | -30.3% |
| 2009 | 0.7514 approx. -2.5 to +2.5 | +9.8% |
| 2010 | 0.8025 approx. -2.5 to +2.5 | +6.8% |
| 2011 | 0.9313 approx. -2.5 to +2.5 | +16.0% |
| 2012 | 0.9289 approx. -2.5 to +2.5 | -0.3% |
| 2013 | 1.02 approx. -2.5 to +2.5 | +9.6% |
| 2014 | 0.9938 approx. -2.5 to +2.5 | -2.4% |
| 2015 | 0.9961 approx. -2.5 to +2.5 | +0.2% |
| 2016 | 0.9759 approx. -2.5 to +2.5 | -2.0% |
| 2017 | 0.9593 approx. -2.5 to +2.5 | -1.7% |
| 2018 | 0.9569 approx. -2.5 to +2.5 | -0.2% |
| 2019 | 0.912 approx. -2.5 to +2.5 | -4.7% |
| 2020 | 0.9083 approx. -2.5 to +2.5 | -0.4% |
| 2021 | 0.988 approx. -2.5 to +2.5 | +8.8% |
| 2022 | 1.02 approx. -2.5 to +2.5 | +3.0% |
| 2023 | 0.9997 approx. -2.5 to +2.5 | -1.7% |
| 2024 | 1.01 approx. -2.5 to +2.5 | +1.4% |
South Korea compared with similar countries
- South Korea's 1.01 approx. -2.5 to +2.5 is above the median for high income countries, which is 0.9583 approx. -2.5 to +2.5, 1.1× the median. (74 countries reporting)
- South Korea's 1.01 approx. -2.5 to +2.5 is above the median for East Asia & Pacific, which is -0.071 approx. -2.5 to +2.5. (34 countries reporting)
Biggest year-on-year movements
Years where Regulatory Quality - Governance estimate in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +293.1% | 0.1172 approx. -2.5 to +2.5 | 0.4605 approx. -2.5 to +2.5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1637 approx. -2.5 to +2.5 | 0.1172 approx. -2.5 to +2.5 | 0.2102 approx. -2.5 to +2.5 | 2 |
| 2000s | 0.736 approx. -2.5 to +2.5 | 0.4605 approx. -2.5 to +2.5 | 0.9818 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.9475 approx. -2.5 to +2.5 | 0.8025 approx. -2.5 to +2.5 | 1.02 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.9854 approx. -2.5 to +2.5 | 0.9083 approx. -2.5 to +2.5 | 1.02 approx. -2.5 to +2.5 | 5 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is regulatory quality - governance estimate in South Korea?
- Regulatory quality - governance estimate in South Korea was 1.01 approx. -2.5 to +2.5 in 2024, according to the World Bank.
- What is the highest regulatory quality - governance estimate recorded in South Korea?
- The highest recorded value was 1.02 approx. -2.5 to +2.5 in 2013.
- What is the lowest regulatory quality - governance estimate recorded in South Korea?
- The lowest recorded value was 0.1172 approx. -2.5 to +2.5 in 1998.
- How does South Korea rank for regulatory quality - governance estimate?
- South Korea ranks 35th out of 206 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in South Korea?
- Over the last ten years it is up 2.0%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from the World Bank, published as part of Regulatory Quality - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).