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Republic of Korea

Website National Portal
Region Asia
Sub-Region Eastern Asia
Income * High income
Income Value 22,670
USD, GNI per capita
Population 48,453,931
E-Government Development Index 0.8915
Rank 3 of 193
E-Participation Index 0.9661
Rank 4 of 193
* Income data refer to World Bank classification

DBAS: Korea’s integrated financial management information system (Ministry of Strategy and Finance)

The Digital Budget and Accounting System (DBAS) is a good example to consider as it integrates all the existing financial systems and provides transparency in public finance. It is an innovative tool that manages the entire fiscal process, ranging from budget formulation to accounting, and integrates fiscal information by linking fiscal information of all public entities. The system is also known as “dBrain,” because of its function as the digital brain for fiscal management. The most distinctive feature of the DBAS is that it allows a holistic view of public finance. It consolidates fiscal processes of fifty-one central government agencies and links fifty-five external systems and local governments, public entities and subordinate organizations, fulfilling the requirements of the IMF’s 2001Government Finance Statistics (GFS) Manual. The system further reinforces risk managing capacity by enabling real-time information sharing in public finance, such as revenues, expenditures, national assets and public debts.


Source

E-Government (2016 EGDI: 0.8915)
2016 Rank 3
2014 Rank 1
Change +2
E-Participation (2016 EPART: 0.9661)
2016 Rank 4
2014 Rank 1
Change +3

E-Government Development Index

EGDI Rank 2016 2014 2012 2010 2008 2005
Republic of Korea 3 1 1 1 6 5

E-Participation Index

EPART Rank 2016 2014 2012 2010 2008 2005
Republic of Korea 4 1 1 1 2 4

Online Service Index

Telecommunication Infrastructure Index

Human Capital Index