Irrigation Reservoir Water Supply Index(IRWSI), which can be applied to the effective supply and management of the irrigation water resources, was developed. IRWSI was formulated as resealed nonexceedance probabilities of two hydrologic components : reservoir storage ratio and precipitation. To generate nonexceedance probability of hydrologic component, it was important to define the optimal one among the various probability distribution function in the state of nature. To define an optimal probability distribution, in this study, four types of probability distribution function were tested by the K-S fitting, and for the calculation of IRWSI, reservoir storage ratio(%) and precipitation used Normal distribution & Gamma distribution, respectively. In this study, the weight coefficients of a and b for each hydrologic component, which is precipitation and reservoir storage ratio, was decided as 0.8 and 0.2, respectively. While some studies changed weight coefficients according to the size of basin area, this study used same values without considering that. From the analysis of drought characteristics, it was found that the IRWSI was sensitive to the size of irrigation area rather than the size of basin area, and the south-eastern region of Korea had been suffered from severe drought damage.