South Korea: Regulatory quality

(measure: points; source: The World Bank)

South Korea: Regulatory quality index (-2.5 weak; 2.5 strong)

: For that indicator, The World Bank provides data for South Korea from 1996 to 2016. The average value for South Korea during that period was 0.83 points with a minumum of 0.28 points in 1998 and a maximum of 1.11 points in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: The index of Regulatory Quality captures perceptions of the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development.