Korea, Rep. | Rule of Law: Standard Error

Rule of Law captures perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. Standard error indicates the precision of the estimate of governance. Larger values of the standard error indicate less precise estimates. A 90 percent confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.
Publisher
The World Bank
Origin
Republic of Korea
Records
24
Source
Korea, Rep. | Rule of Law: Standard Error
1996 0.1942361
1998 0.19757549
2000 0.1623705
2002 0.175007
2003 0.17554979
2004 0.16935514
2005 0.16621852
2006 0.15770902
2007 0.15832183
2008 0.15546152
2009 0.15154727
2010 0.15273377
2011 0.14042756
2012 0.14953817
2013 0.14935599
2014 0.16025124
2015 0.15558173
2016 0.1688074
2017 0.1592516
2018 0.15269591
2019 0.15571129
2020 0.15017934
2021 0.15706371
2022 0.16423944

Korea, Rep. | Rule of Law: Standard Error

Rule of Law captures perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. Standard error indicates the precision of the estimate of governance. Larger values of the standard error indicate less precise estimates. A 90 percent confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.
Publisher
The World Bank
Origin
Republic of Korea
Records
24
Source