South Korea: Regulatory quality

(measure: points; Source: The World Bank)
* indicates monthly or quarterly data series

South Korea: Regulatory quality index (-2.5 weak; 2.5 strong), 1996 - 2020:

For that indicator, we provide data for South Korea from 1996 to 2020. The average value for South Korea during that period was 0.87 points with a minimum of 0.28 points in 1998 and a maximum of 1.11 points in 2014. The latest value from 2020 is 1.03 points. For comparison, the world average in 2020 based on 192 countries is -0.02 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values

Longer historical series

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.
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