Regulatory Quality - Standard error of the governance estimate in South Korea
South Korea: Regulatory Quality - Standard error of the governance estimate was 0.1961 in 2024. ▼ Falling
Latest (2024)
0.1961
Change on year
down 0.1%
World rank
126th
of 206 countries
All-time high
0.2405
in 1996
All-time low
0.1961
in 2024
Years of data
26
1996–2024
Regulatory Quality - Standard error of the governance estimate in South Korea, 1996–2024
Source: World Bank.
Analysis
The most recent figure for regulatory quality - standard error of the governance estimate in South Korea is 0.1961, measured in 2024. That is the lowest value across all 26 years on record.
That represents a change of down 0.1% on the previous year and down 0.1% over ten years.
Over the whole period, regulatory quality - standard error of the governance estimate in South Korea peaked at 0.2405 in 1996 and was at its lowest, 0.1961, in 2024.
That places South Korea 126th out of 206 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Regulatory Quality - Standard error of the governance estimate in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 0.2405 | — |
| 1998 | 0.2405 | +0.0% |
| 2000 | 0.2405 | +0.0% |
| 2002 | 0.2139 | -11.1% |
| 2003 | 0.2139 | +0.0% |
| 2004 | 0.2139 | +0.0% |
| 2005 | 0.2139 | +0.0% |
| 2006 | 0.2139 | +0.0% |
| 2007 | 0.2139 | +0.0% |
| 2008 | 0.2139 | +0.0% |
| 2009 | 0.2139 | +0.0% |
| 2010 | 0.2139 | +0.0% |
| 2011 | 0.1963 | -8.2% |
| 2012 | 0.1963 | +0.0% |
| 2013 | 0.1963 | +0.0% |
| 2014 | 0.1963 | +0.0% |
| 2015 | 0.1963 | +0.0% |
| 2016 | 0.1963 | +0.0% |
| 2017 | 0.1963 | +0.0% |
| 2018 | 0.1963 | +0.0% |
| 2019 | 0.1963 | +0.0% |
| 2020 | 0.1963 | +0.0% |
| 2021 | 0.1963 | +0.0% |
| 2022 | 0.1963 | +0.0% |
| 2023 | 0.1963 | +0.0% |
| 2024 | 0.1961 | -0.1% |
South Korea compared with similar countries
- South Korea's 0.1961 is below the median for high income countries, which is 0.216, 91% of the median. (74 countries reporting)
- South Korea's 0.1961 is below the median for East Asia & Pacific, which is 0.2219, 88% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2405 | 0.2405 | 0.2405 | 2 |
| 2000s | 0.2168 | 0.2139 | 0.2405 | 9 |
| 2010s | 0.1981 | 0.1963 | 0.2139 | 10 |
| 2020s | 0.1963 | 0.1961 | 0.1963 | 5 |
Countries ranked near South Korea
- 126 Bulgaria 0.1961 compare
- 126 China 0.1961 compare
- 126 Colombia 0.1961 compare
- 126 Croatia 0.1961 compare
- 126 Czechia 0.1961 compare
- 126 Estonia 0.1961 compare
- 126 Hungary 0.1961 compare
- 126 Kazakhstan 0.1961 compare
- 126 Latvia 0.1961 compare
- 126 Malaysia 0.1961 compare
- 126 Mexico 0.1961 compare
- 126 Peru 0.1961 compare
- 126 Poland 0.1961 compare
- 126 Romania 0.1961 compare
- 126 Singapore 0.1961 compare
- 126 Slovakia 0.1961 compare
- 126 Slovenia 0.1961 compare
- 126 Turkey 0.1961 compare
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 - standard error of the governance estimate in South Korea?
- Regulatory quality - standard error of the governance estimate in South Korea was 0.1961 in 2024, according to the World Bank.
- What is the highest regulatory quality - standard error of the governance estimate recorded in South Korea?
- The highest recorded value was 0.2405 in 1996.
- What is the lowest regulatory quality - standard error of the governance estimate recorded in South Korea?
- The lowest recorded value was 0.1961 in 2024.
- How does South Korea rank for regulatory quality - standard error of the governance estimate?
- South Korea ranks 126th out of 206 countries with data for 2024.
- Is regulatory quality - standard error of the governance estimate rising or falling in South Korea?
- Over the last ten years it is down 0.1%. 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 Regulatory Quality - Standard error of the governance estimate. 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).