Women Business and the Law Index in Republic of Korea
Republic of Korea: Women Business and the Law Index was 88.12 in 2023. ▲ Rising
Women Business and the Law Index in Republic of Korea, 1970–2023
Source: International Monetary Fund.
Analysis
Republic of Korea recorded 88.12 for women business and the law index in 2023. That is the highest value across all 54 years on record.
The figure is up 3.7% over ten years.
Over the whole period, women business and the law index in Republic of Korea peaked at 88.12 in 2021 and was at its lowest, 38.12, in 1970.
That places Republic of Korea 55th out of 188 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Women Business and the Law Index in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 38.12 | — |
| 1971 | 38.12 | +0.0% |
| 1972 | 38.12 | +0.0% |
| 1973 | 38.12 | +0.0% |
| 1974 | 44.38 | +16.4% |
| 1975 | 44.38 | +0.0% |
| 1976 | 44.38 | +0.0% |
| 1977 | 44.38 | +0.0% |
| 1978 | 44.38 | +0.0% |
| 1979 | 44.38 | +0.0% |
| 1980 | 44.38 | +0.0% |
| 1981 | 44.38 | +0.0% |
| 1982 | 44.38 | +0.0% |
| 1983 | 44.38 | +0.0% |
| 1984 | 44.38 | +0.0% |
| 1985 | 44.38 | +0.0% |
| 1986 | 44.38 | +0.0% |
| 1987 | 44.38 | +0.0% |
| 1988 | 44.38 | +0.0% |
| 1989 | 46.88 | +5.6% |
| 1990 | 57.5 | +22.7% |
| 1991 | 57.5 | +0.0% |
| 1992 | 57.5 | +0.0% |
| 1993 | 57.5 | +0.0% |
| 1994 | 57.5 | +0.0% |
| 1995 | 57.5 | +0.0% |
| 1996 | 57.5 | +0.0% |
| 1997 | 60.62 | +5.4% |
| 1998 | 63.12 | +4.1% |
| 1999 | 66.25 | +5.0% |
| 2000 | 66.25 | +0.0% |
| 2001 | 66.25 | +0.0% |
| 2002 | 66.25 | +0.0% |
| 2003 | 66.25 | +0.0% |
| 2004 | 71.25 | +7.5% |
| 2005 | 76.25 | +7.0% |
| 2006 | 79.38 | +4.1% |
| 2007 | 79.38 | +0.0% |
| 2008 | 79.38 | +0.0% |
| 2009 | 79.38 | +0.0% |
| 2010 | 85 | +7.1% |
| 2011 | 85 | +0.0% |
| 2012 | 85 | +0.0% |
| 2013 | 85 | +0.0% |
| 2014 | 85 | +0.0% |
| 2015 | 85 | +0.0% |
| 2016 | 85 | +0.0% |
| 2017 | 85 | +0.0% |
| 2018 | 85 | +0.0% |
| 2019 | 85 | +0.0% |
| 2020 | 85 | +0.0% |
| 2021 | 88.12 | +3.7% |
| 2022 | 88.12 | +0.0% |
| 2023 | 88.12 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 41.88 | 38.12 | 44.38 | 10 |
| 1980s | 44.62 | 44.38 | 46.88 | 10 |
| 1990s | 59.25 | 57.5 | 66.25 | 10 |
| 2000s | 73 | 66.25 | 79.38 | 10 |
| 2010s | 85 | 85 | 85 | 10 |
| 2020s | 87.34 | 85 | 88.12 | 4 |
Countries ranked near Republic of Korea
- 55 Switzerland 88.12 compare
- 55 Georgia 88.12 compare
- 55 Viet Nam 88.12 compare
- 55 South Africa 88.12 compare
More gender data for Republic of Korea
- Child population (UN estimates and projections) 4,318 (2030)
- Child population (UN estimates and projections) (0-14), annual growth -3.79 % change on previous year (2030)
- Age population, age 00, female, interpolated 119,025 (2025)
- Age population, age 00, male, interpolated 125,732 (2025)
- Age population, age 01, female, interpolated 116,471 (2025)
- Age population, age 01, male, interpolated 122,813 (2025)
- Age population, age 02, female, interpolated 119,098 (2025)
- Age population, age 02, male, interpolated 125,514 (2025)
- Age population, age 03, female, interpolated 124,678 (2025)
- Age population, age 03, male, interpolated 131,322 (2025)
Frequently asked questions
- What is women business and the law index in Republic of Korea?
- Women business and the law index in Republic of Korea was 88.12 in 2023, according to International Monetary Fund.
- What is the highest women business and the law index recorded in Republic of Korea?
- The highest recorded value was 88.12 in 2021.
- What is the lowest women business and the law index recorded in Republic of Korea?
- The lowest recorded value was 38.12 in 1970.
- How does Republic of Korea rank for women business and the law index?
- Republic of Korea ranks 55th out of 188 countries with data for 2023.
- Is women business and the law index rising or falling in Republic of Korea?
- Over the last ten years it is up 3.7%. 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 Women Business and the Law Index (WBL). Statizoid updates them automatically from the source API.
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About this data
Data on the legal rights that affects women's economic empowerment.