South Korea vs Luxembourg: Enforcing contracts: Time
South Korea
290 days
in 2019
Luxembourg
321 days
in 2019
South Korea rank
179th
Luxembourg rank
177th
Enforcing contracts: Time over time
- South Korea
- Luxembourg
How they compare
Luxembourg currently reports 321 days against 290 days in South Korea, a difference of 31 days.
That makes Luxembourg's figure about 1.1 times South Korea's.
Across all 14 years both countries report, Luxembourg has been ahead every year.
South Korea ranks 179th and Luxembourg ranks 177th of 188 countries.
Luxembourg has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | South Korea | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 230 days | 321 days | 91 days | Luxembourg |
| 2010s | 278 days | 321 days | 43 days | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: time, South Korea or Luxembourg?
- Luxembourg, at 321 days against 290 days in South Korea as of 2019.
- What is the difference in enforcing contracts: time between South Korea and Luxembourg?
- 31 days, with Luxembourg ahead.
- How many years of comparable data are there for South Korea and Luxembourg?
- 14 years are reported by both, from 2006 to 2019.
- How do South Korea and Luxembourg rank globally for enforcing contracts: time?
- South Korea ranks 179th and Luxembourg ranks 177th of 188 countries.
- Where does this data come from?
- The World Bank, published as Enforcing contracts: Time (days). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The time to enforce contracts is recorded in calendar days, counted from the moment plaintiff decides to file the lawsuit in court until payment. The average duration of the following three different stages of dispute resolution is recorded: (i) filing and service, (ii) trial and judgment, and (iii) enforcement.