Readiness score, Governance in South Korea

South Korea: Readiness score, Governance was 0.6967 in 2024. ▲ Rising

Latest (2024)
0.6967
Change on year
unchanged
World rank
29th
of 188 countries
All-time high
0.6967
in 2023
All-time low
0.6272
in 2015
Years of data
10
2015–2024

Readiness score, Governance in South Korea, 2015–2024

00.20.40.62015201920242015: 0.6272016: 0.6432017: 0.6542018: 0.6762019: 0.6752020: 0.6762021: 0.6792022: 0.6842023: 0.6972024: 0.697

Source: International Monetary Fund.

Analysis

The most recent figure for readiness score, governance in South Korea is 0.6967, measured in 2024. That is the highest value across all 10 years on record.

The figure is up 11.1% over ten years.

Over the whole period, readiness score, governance in South Korea peaked at 0.6967 in 2023 and was at its lowest, 0.6272, in 2015.

South Korea ranks 29th of 188 countries on this measure, in the top quarter.

Readiness score, Governance in South Korea, year by year

Annual values for Readiness score, Governance in South Korea, 2015 to 2024.
Year Value Change
2015 0.6272 —
2016 0.6429 +2.5%
2017 0.654 +1.7%
2018 0.6756 +3.3%
2019 0.6755 -0.0%
2020 0.6756 +0.0%
2021 0.6793 +0.5%
2022 0.6837 +0.7%
2023 0.6967 +1.9%
2024 0.6967 +0.0%

South Korea compared with similar countries

  • South Korea's 0.6967 is above the median for high income countries, which is 0.6782, 1.0× the median. (62 countries reporting)
  • South Korea's 0.6967 is above the median for East Asia & Pacific, which is 0.5738, 1.2× the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.655 0.6272 0.6756 5
2020s 0.6864 0.6756 0.6967 5

Countries ranked near South Korea

  1. 26 Uruguay 0.7028 compare
  2. 27 United States 0.7023 compare
  3. 28 France 0.7002 compare
  4. 30 United Arab Emirates 0.688 compare
  5. 31 Qatar 0.6795 compare
  6. 32 Latvia 0.6769 compare

See the full ranking of 188 places →

More economy & growth data for South Korea

All data for South Korea →

Frequently asked questions

What is readiness score, governance in South Korea?
Readiness score, governance in South Korea was 0.6967 in 2024, according to International Monetary Fund.
What is the highest readiness score, governance recorded in South Korea?
The highest recorded value was 0.6967 in 2023.
What is the lowest readiness score, governance recorded in South Korea?
The lowest recorded value was 0.6272 in 2015.
How does South Korea rank for readiness score, governance?
South Korea ranks 29th out of 188 countries with data for 2024.
Is readiness score, governance rising or falling in South Korea?
Over the last ten years it is up 11.1%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from International Monetary Fund, published as part of Readiness score, Governance. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 10 observations, free to reuse under IMF Terms and Conditions (attribution required).

Share, cite or embed this page

Cite this page

Readiness score, Governance in South Korea. Statizoid, drawing on International Monetary Fund. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/readiness-score-governance/korea-rep/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under IMF Terms and Conditions (attribution required); please keep the attribution.

<a href="https://economy.statizoid.com/stat/readiness-score-governance/korea-rep/">Readiness score, Governance in South Korea</a> — Statizoid

About this data

Indicator
Readiness score, Governance
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
188 places, 1,880 data points, 2015–2024
Last refreshed

The ND-GAIN index is a global free open-source index, that measures a country’s current vulnerability to climate disruptions and assesses a country’s readiness to leverage private and public sector investment for adaptive actions. The IMF-adapted ND-GAIN index is an adaptation of the original index, adjusted by IMF staff to replace the Doing Business (DB) Index, used as source data in the original ND-GAIN, because the DB database has been discontinued by the World Bank in 2020 and it is no longer allowed in IMF work. The IMF-adapted ND-GAIN is an interim solution offered by IMF staff until the ND-GAIN compilers will review the methodology and replace the DB index.