Regulatory Quality - Governance score in South Korea

South Korea: Regulatory Quality - Governance score was 70.85 0-100 in 2024. ▲ Rising

Latest (2024)
70.85 0-100
Change on year
up 0.3%
World rank
35th
of 204 countries
All-time high
70.92 0-100
in 2013
All-time low
56.71 0-100
in 1998
Years of data
26
1996–2024

Regulatory Quality - Governance score in South Korea, 1996–2024

0204060801996201020241996: 58.2 0-1001998: 56.7 0-1002000: 62.1 0-1002002: 65.7 0-1002003: 64.2 0-1002004: 67.6 0-1002005: 68.7 0-1002006: 67.3 0-1002007: 70.3 0-1002008: 65.7 0-1002009: 66.7 0-1002010: 67.5 0-1002011: 69.5 0-1002012: 69.5 0-1002013: 70.9 0-1002014: 70.5 0-1002015: 70.6 0-1002016: 70.3 0-1002017: 70 0-1002018: 70 0-1002019: 69.2 0-1002020: 69.2 0-1002021: 70.4 0-1002022: 70.9 0-1002023: 70.6 0-1002024: 70.8 0-100

Source: World Bank. Measured in 0-100.

Analysis

In 2024, regulatory quality - governance score in South Korea stood at 70.85 0-100.

The figure is up 0.3% on the previous year and up 0.4% over ten years.

Over the whole period, regulatory quality - governance score in South Korea peaked at 70.92 0-100 in 2013 and was at its lowest, 56.71 0-100, in 1998.

South Korea ranks 35th of 204 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 57.44 0-100 56.71 0-100 58.18 0-100 2
2000s 66.47 0-100 62.13 0-100 70.35 0-100 9
2010s 69.81 0-100 67.52 0-100 70.92 0-100 10
2020s 70.4 0-100 69.19 0-100 70.91 0-100 5

Countries ranked near South Korea

  1. 33 Latvia 72.21 0-100 compare
  2. 34 Cayman Islands 71.82 0-100 compare
  3. 36 Aruba 70.33 0-100 compare
  4. 37 Qatar 70.1 0-100 compare
  5. 38 Bahrain 69.85 0-100 compare

See the full ranking of 205 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is regulatory quality - governance score in South Korea?
Regulatory quality - governance score in South Korea was 70.85 0-100 in 2024, according to the World Bank.
What is the highest regulatory quality - governance score recorded in South Korea?
The highest recorded value was 70.92 0-100 in 2013.
What is the lowest regulatory quality - governance score recorded in South Korea?
The lowest recorded value was 56.71 0-100 in 1998.
How does South Korea rank for regulatory quality - governance score?
South Korea ranks 35th out of 204 countries with data for 2024.
Is regulatory quality - governance score rising or falling in South Korea?
Over the last ten years it is up 0.4%. 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 score (0-100). 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).

About this data

Indicator
Regulatory Quality - Governance score (0-100)
Unit
0-100
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 5,169 data points, 1996–2024
Last refreshed