Independence and Accountability (IA) in Republic of Korea
Republic of Korea: Independence and Accountability (IA) was 116.9 in 2018. ▲ Rising
Independence and Accountability (IA) in Republic of Korea, 2007–2018
Source: International Monetary Fund.
Analysis
In 2018, independence and accountability (ia) in Republic of 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 Republic of Korea peaked at 116.9 in 2018 and was at its lowest, 100, in 2007.
Republic of 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100 | 100 | 100 | 3 |
| 2010s | 110.96 | 102.67 | 116.9 | 9 |
Countries ranked near Republic of Korea
More financial sector data for Republic of Korea
- Net domestic credit (current LCU), per capita 96.84 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 2,672 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 5.54 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 117.53 million SDR (2025)
- Gold reserves at market value 10.71 billion SDR (2025)
- Reserves excluding gold, foreign exchange 294.26 billion SDR (2025)
- Reserves excluding gold 308.07 billion SDR (2025)
- Total reserves (gold at market value) 318.78 billion SDR (2025)
- Total reserves (gold at national valuation) 311.57 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 6,028 SDR per person (2025)
Frequently asked questions
- What is independence and accountability (ia) in Republic of Korea?
- Independence and accountability (ia) in Republic of Korea was 116.9 in 2018, according to International Monetary Fund.
- What is the highest independence and accountability (ia) recorded in Republic of Korea?
- The highest recorded value was 116.9 in 2018.
- What is the lowest independence and accountability (ia) recorded in Republic of Korea?
- The lowest recorded value was 100 in 2007.
- How does Republic of Korea rank for independence and accountability (ia)?
- Republic of Korea ranks 9th out of 47 countries with data for 2018.
- Is independence and accountability (ia) rising or falling in Republic of Korea?
- Over the last ten years it is up 16.9%. The long-run trend across the full record is rising.
- Where does this Republic of 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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About this data
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).