An improved performance characteristics analysis model of a regenerative pump is proposed in the present paper. For its low characteristic speed, a regenerative pump generates high head with low flow rate. However, the efficiency is fairly low due to the skin friction between impeller and casing. Also, the complexity of its internal flow pattern makes prediction of performance characteristics difficult. In the present research, a one-dimensional analysis model was improved with consideration of disc friction loss, minor loss, and modified flow length, and the result was proven to be close in range with the results from experiments.