Regulatory Quality - Lower bound of the 90% confidence interval for in South Korea

South Korea: Regulatory Quality - Lower bound of the 90% confidence interval for was 65.8% in 2024. ▲ Rising

Latest (2024)
65.8%
Change on year
up 0.3%
World rank
31st
of 206 countries
All-time high
65.8%
in 2013
All-time low
50.5%
in 1998
Years of data
26
1996–2024

Regulatory Quality - Lower bound of the 90% confidence interval for in South Korea, 1996–2024

02040601996201020241996: 521998: 50.52000: 55.92002: 60.22003: 58.62004: 622005: 63.12006: 61.72007: 64.82008: 60.12009: 61.22010: 622011: 64.52012: 64.42013: 65.82014: 65.52015: 65.52016: 65.22017: 64.92018: 64.92019: 64.22020: 64.12021: 65.42022: 65.82023: 65.62024: 65.8

Source: World Bank.

Analysis

In 2024, regulatory quality - lower bound of the 90% confidence interval for in South Korea stood at 65.8%.

That represents a change of up 0.3% on the previous year and up 0.5% over ten years.

Over the whole period, regulatory quality - lower bound of the 90% confidence interval for in South Korea peaked at 65.8% in 2013 and was at its lowest, 50.5%, in 1998.

That places South Korea 31st out of 206 countries with data for 2024, putting it in the top quarter.

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

Regulatory Quality - Lower bound of the 90% confidence interval for in South Korea, year by year

Annual values for Regulatory Quality - Lower bound of the 90% confidence interval for the governance score in South Korea, 1996 to 2024.
Year Value Change
1996 52.0%
1998 50.5% -2.8%
2000 55.9% +10.7%
2002 60.2% +7.7%
2003 58.6% -2.6%
2004 62.0% +5.8%
2005 63.1% +1.8%
2006 61.7% -2.3%
2007 64.8% +5.0%
2008 60.1% -7.2%
2009 61.2% +1.8%
2010 62.0% +1.3%
2011 64.5% +4.0%
2012 64.4% -0.1%
2013 65.8% +2.2%
2014 65.5% -0.6%
2015 65.5% +0.1%
2016 65.2% -0.5%
2017 64.9% -0.4%
2018 64.9% -0.1%
2019 64.2% -1.1%
2020 64.1% -0.1%
2021 65.4% +2.0%
2022 65.8% +0.7%
2023 65.6% -0.4%
2024 65.8% +0.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 51.2% 50.5% 52.0% 2
2000s 60.9% 55.9% 64.8% 9
2010s 64.7% 62.0% 65.8% 10
2020s 65.3% 64.1% 65.8% 5

Countries ranked near South Korea

  1. 28 France 67.4% compare
  2. 29 Latvia 67.1% compare
  3. 30 Israel 66.2% compare
  4. 32 Qatar 64.6% compare
  5. 33 Bahrain 64.3% compare
  6. 34 Mauritius 64.3% 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 regulatory quality - lower bound of the 90% confidence interval for in South Korea?
Regulatory quality - lower bound of the 90% confidence interval for in South Korea was 65.8% in 2024, according to the World Bank.
What is the highest regulatory quality - lower bound of the 90% confidence interval for recorded in South Korea?
The highest recorded value was 65.8% in 2013.
What is the lowest regulatory quality - lower bound of the 90% confidence interval for recorded in South Korea?
The lowest recorded value was 50.5% in 1998.
How does South Korea rank for regulatory quality - lower bound of the 90% confidence interval for?
South Korea ranks 31st out of 206 countries with data for 2024.
Is regulatory quality - lower bound of the 90% confidence interval for rising or falling in South Korea?
Over the last ten years it is up 0.5%. 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 - Lower bound of the 90% confidence interval for the governance score. Statizoid updates them automatically from the source API.

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Regulatory Quality - Lower bound of the 90% confidence interval for in South Korea. Statizoid. Retrieved 29 August 2026, from https://reference.statizoid.com/stat/regulatory-quality-lower-bound-of-the-90-percent-confidence-interval-for-the-governance/korea-rep/

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About this data

Indicator
Regulatory Quality - Lower bound of the 90% confidence interval for the governance score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 5,186 data points, 1996–2024
Last refreshed