Independence and Accountability (IA) (Index) in South Korea

South Korea: Independence and Accountability (IA) (Index) was 116.9 in 2018. ▲ Rising

Latest (2018)
116.9
Change on year
up 1.0%
World rank
9th
of 47 countries
All-time high
116.9
in 2018
All-time low
100
in 2007
Years of data
12
2007–2018

Independence and Accountability (IA) in South Korea, 2007–2018

02550751001252007201220182007: 1002008: 1002009: 1002010: 102.72011: 102.72012: 102.72013: 114.12014: 114.12015: 114.12016: 115.82017: 115.82018: 116.9

Source: International Monetary Fund.

Analysis

In 2018, independence and accountability (ia) in South Korea stood at 116.9. That is the highest value across all 12 years on record.

That represents a change of up 1.0% on the previous year and up 16.9% over ten years.

Over the whole period, independence and accountability (ia) in South Korea peaked at 116.9 in 2018 and was at its lowest, 100, in 2007.

South Korea ranks 9th of 47 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 12 years of available data.

Independence and Accountability (IA) (Index) in South Korea, year by year

Annual values for Independence and Accountability (IA) (Index) in South Korea, 2007 to 2018.
Year Value Change
2007 100 —
2008 100 +0.0%
2009 100 +0.0%
2010 102.67 +2.7%
2011 102.67 +0.0%
2012 102.67 +0.0%
2013 114.08 +11.1%
2014 114.08 +0.0%
2015 114.08 +0.0%
2016 115.77 +1.5%
2017 115.77 +0.0%
2018 116.9 +1.0%

South Korea compared with similar countries

  • South Korea's 116.9 is above the median for high income countries, which is 107.1, 1.1× the median. (17 countries reporting)
  • South Korea's 116.9 is above the median for East Asia & Pacific, which is 103.61, 1.1× the median. (9 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 100 100 100 3
2010s 110.96 102.67 116.9 9

Countries ranked near South Korea

  1. 6 Malaysia 148.61 compare
  2. 7 Rwanda 143.57 compare
  3. 8 Iceland 117.65 compare
  4. 10 Moldova 114.62 compare
  5. 11 Russia 114.05 compare
  6. 12 Japan 113.3 compare

See the full ranking of 51 places →

More financial sector data for South Korea

All data for South Korea →

Frequently asked questions

What is independence and accountability (ia) in South Korea?
Independence and accountability (ia) in South Korea was 116.9 in 2018, according to International Monetary Fund.
What is the highest independence and accountability (ia) recorded in South Korea?
The highest recorded value was 116.9 in 2018.
What is the lowest independence and accountability (ia) recorded in South Korea?
The lowest recorded value was 100 in 2007.
How does South Korea rank for independence and accountability (ia)?
South Korea ranks 9th out of 47 countries with data for 2018.
Is independence and accountability (ia) rising or falling in South Korea?
Over the last ten years it is up 16.9%. 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 Independence and Accountability (IA) (Index). Statizoid updates them automatically from the source API.

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Independence and Accountability (IA) in South Korea. Statizoid, drawing on International Monetary Fund. Retrieved 10 November 2026, from https://financial-sector.statizoid.com/stat/independence-and-accountability-ia-index/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

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).