* indicates monthly or quarterly data series
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 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.
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.