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geopolitical

South Korea · Governance · WGI six-dimension mean

Latest

1.07index

Methodology

## What this measures

One number for the quality of South Korea's institutions — the equal-weighted mean of the World Bank's six governance estimates (requires at least five).

## Why it matters

Institutions decide whether growth survives a shock. It is the slowest-moving input to Country Strength and the heaviest-weighted one.

## How to read it

Zero is the world average. A country above +1 sits among the best-governed quarter of economies.

## What it does not say

An average of perception indices; each carries a wide margin of error, and averaging does not remove shared biases in the underlying surveys.

## Source

Source: World Bank, Worldwide Governance Indicators (CC BY 4.0), `GOV_WGI_{VA,PV,GE,RQ,RL,CC}.EST`; mean computed by Palanor.

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