Iceland vs South Korea: Resolving insolvency: Cost

Iceland
3.5%
in 2019
South Korea
3.5%
in 2019
Iceland rank
161st
South Korea rank
161st

Resolving insolvency: Cost over time

  • Iceland
  • South Korea
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How they compare

Iceland currently reports 3.5% against 3.5% in South Korea, a difference of 0.0%.

Across all 16 years both countries report, South Korea has been ahead every year.

Iceland ranks 161st and South Korea ranks 161st of 168 countries.

Head to head by decade

Decade Iceland South Korea Difference Ahead
2000s 3.5% 3.5% 0.0%
2010s 3.5% 3.5% 0.0%

Averages of every year both report within each decade.

Frequently asked questions

Which has higher resolving insolvency: cost, Iceland or South Korea?
Iceland, at 3.5% against 3.5% in South Korea as of 2019.
What is the difference in resolving insolvency: cost between Iceland and South Korea?
0.0%, with Iceland ahead.
How many years of comparable data are there for Iceland and South Korea?
16 years are reported by both, from 2004 to 2019.
How do Iceland and South Korea rank globally for resolving insolvency: cost?
Iceland ranks 161st and South Korea ranks 161st of 168 countries.
Where does this data come from?
The World Bank, published as Resolving insolvency: Cost (% of estate). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs South Korea: Resolving insolvency: Cost. Statizoid. Retrieved 27 August 2026, from https://reference.statizoid.com/compare/resolving-insolvency-cost-percent-of-estate/iceland/korea-rep/

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About this data

Indicator
Resolving insolvency: Cost (% of estate)
Unit
% of estate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 2,747 data points, 2003–2019
Last refreshed

The cost to resolve insolvency is the cost of the proceedings is recorded as a percentage of the value of the debtor’s estate, including court fees and government levies, fees of insolvency administrators, auctioneers, assessors and lawyers, and all other fees and costs.