Which has higher independence and accountability (ia), Iceland or Republic of Korea?

Iceland, at 117.65 against 116.9 in Republic of Korea as of 2018.

How many years of comparable data are there for Iceland and Republic of Korea?

12 years are reported by both, from 2007 to 2018.

Where does this data come from?

International Monetary Fund, published as Independence and Accountability (IA) (Index). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Iceland vs Republic of Korea: Independence and Accountability (IA)

Iceland

117.65

in 2018

Republic of Korea

116.9

in 2018

Iceland rank

8th

Republic of Korea rank

9th

Independence and Accountability (IA) over time

Iceland
Republic of Korea

How they compare

Iceland currently reports 117.65 against 116.9 in Republic of Korea, a difference of 0.75.

The two have swapped places 3 times across 12 shared years of data; in 2007 it was Republic of Korea ahead.

Iceland ranks 8th and Republic of Korea ranks 9th of 47 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Iceland	Republic of Korea	Difference	Ahead
2000s	100	100	0	—
2010s	112.91	110.96	1.94	Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher independence and accountability (ia), Iceland or Republic of Korea?: Iceland, at 117.65 against 116.9 in Republic of Korea as of 2018.
What is the difference in independence and accountability (ia) between Iceland and Republic of Korea?: 0.75, with Iceland ahead.
How many years of comparable data are there for Iceland and Republic of Korea?: 12 years are reported by both, from 2007 to 2018.
How do Iceland and Republic of Korea rank globally for independence and accountability (ia)?: Iceland ranks 8th and Republic of Korea ranks 9th of 47 countries.
Where does this data come from?: International Monetary Fund, published as Independence and Accountability (IA) (Index). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Republic of Korea: Independence and Accountability (IA). Statizoid, drawing on International Monetary Fund. Retrieved 23 August 2026, from https://financial-sector.statizoid.com/compare/independence-and-accountability-ia-index/iceland/korea-rep/

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About this data

Indicator: Independence and Accountability (IA) (Index)
Source: International Monetary Fund
Licence: IMF Terms and Conditions (attribution required)
Coverage: 51 places, 582 data points, 2007–2018
Last refreshed: 19 August 2026

Monetary policy framework comprises the structures in place that enable and guide the conduct of monetary policy. In this project, we provide a multidimensional characterization of monetary policy frameworks across three pillars: Independence and Accountability, Policy and Operational Strategy, and Communications (IAPOC). This database covers 50 advanced economies, emerging markets, and low-income developing countries, from 2007 to 2018 (being extended).