Domestic finance, S1 - Entry barriers in Korea
Korea: Domestic finance, S1 - Entry barriers was 3 in 2014. ▲ Rising
Domestic finance, S1 - Entry barriers in Korea, 1973–2014
Source: International Monetary Fund.
Analysis
The most recent figure for domestic finance, s1 - entry barriers in Korea is 3, measured in 2014. That is the highest value across all 42 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, domestic finance, s1 - entry barriers in Korea peaked at 3 in 1998 and was at its lowest, 0, in 1973.
Korea ranks 1st of 90 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 42 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4286 | 0 | 1 | 7 |
| 1980s | 1.9 | 1 | 2 | 10 |
| 1990s | 2.2 | 2 | 3 | 10 |
| 2000s | 2.7 | 2 | 3 | 10 |
| 2010s | 3 | 3 | 3 | 5 |
Countries ranked near Korea
- 1 Albania 3 compare
- 1 Argentina 3 compare
- 1 Australia 3 compare
- 1 Austria 3 compare
- 1 Azerbaijan 3 compare
- 1 Belgium 3 compare
- 1 Burkina Faso 3 compare
- 1 Bangladesh 3 compare
- 1 Bulgaria 3 compare
- 1 Belarus 3 compare
- 1 Bolivia 3 compare
- 1 Brazil 3 compare
- 1 Canada 3 compare
- 1 Switzerland 3 compare
- 1 Chile 3 compare
- 1 Côte d’Ivoire 3 compare
- 1 Cameroon 3 compare
- 1 Colombia 3 compare
- 1 Costa Rica 3 compare
- 1 Czechia 3 compare
- 1 Germany 3 compare
- 1 Denmark 3 compare
- 1 Dominican Republic 3 compare
- 1 Algeria 3 compare
- 1 Ecuador 3 compare
- 1 Egypt 3 compare
- 1 Spain 3 compare
- 1 Estonia 3 compare
- 1 Finland 3 compare
- 1 France 3 compare
- 1 United Kingdom 3 compare
- 1 Georgia 3 compare
- 1 Ghana 3 compare
- 1 Greece 3 compare
- 1 Guatemala 3 compare
- 1 Hong Kong (China) 3 compare
- 1 Hungary 3 compare
- 1 Indonesia 3 compare
- 1 India 3 compare
- 1 Ireland 3 compare
- 1 Israel 3 compare
- 1 Italy 3 compare
- 1 Jordan 3 compare
- 1 Japan 3 compare
- 1 Kenya 3 compare
- 1 Kyrgyzstan 3 compare
- 1 Sri Lanka 3 compare
- 1 Lithuania 3 compare
- 1 Latvia 3 compare
- 1 Madagascar 3 compare
- 1 Mexico 3 compare
- 1 Mozambique 3 compare
- 1 Malaysia 3 compare
- 1 Nigeria 3 compare
- 1 Netherlands 3 compare
- 1 Norway 3 compare
- 1 Nepal 3 compare
- 1 New Zealand 3 compare
- 1 Peru 3 compare
- 1 Philippines 3 compare
- 1 Poland 3 compare
- 1 Portugal 3 compare
- 1 Paraguay 3 compare
- 1 Romania 3 compare
- 1 Russia 3 compare
- 1 Senegal 3 compare
- 1 El Salvador 3 compare
- 1 Sweden 3 compare
- 1 Tunisia 3 compare
- 1 Türkiye 3 compare
- 1 Tanzania 3 compare
- 1 Uganda 3 compare
- 1 Ukraine 3 compare
- 1 Uruguay 3 compare
- 1 United States 3 compare
- 1 Uzbekistan 3 compare
- 1 Venezuela 3 compare
- 1 South Africa 3 compare
- 1 Zimbabwe 3 compare
More economy & growth data for Korea
- Taxes less subsidies on products (current LCU), annual growth rate 1.82 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 99.26 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3.60 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0005 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1,965 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1,435 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0007 (2025)
- Gdp worldbank constant usd, annual growth rate 1.01 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 1.03 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 37,470 units per person (2025)
Frequently asked questions
- What is domestic finance, s1 - entry barriers in Korea?
- Domestic finance, s1 - entry barriers in Korea was 3 in 2014, according to International Monetary Fund.
- What is the highest domestic finance, s1 - entry barriers recorded in Korea?
- The highest recorded value was 3 in 1998.
- What is the lowest domestic finance, s1 - entry barriers recorded in Korea?
- The lowest recorded value was 0 in 1973.
- How does Korea rank for domestic finance, s1 - entry barriers?
- Korea ranks 1st out of 90 countries with data for 2014.
- Is domestic finance, s1 - entry barriers rising or falling in Korea?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Domestic finance, S1 - Entry barriers. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.