Belgium vs South Korea: Resolving insolvency - Score
Belgium
84.07
in 2019
South Korea
82.88
in 2019
Belgium rank
9th
South Korea rank
11th
Resolving insolvency - Score over time
- Belgium
- South Korea
How they compare
Belgium currently reports 84.07 against 82.88 in South Korea, a difference of 1.19.
The two have swapped places 3 times across 17 shared years of data; in 2003 it was South Korea ahead.
Belgium ranks 9th and South Korea ranks 11th of 188 countries.
Across the 2 decades both report, Belgium averaged higher in 1 and South Korea in 1.
Head to head by decade
| Decade | Belgium | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 76.1 | 81.17 | 5.07 | South Korea |
| 2010s | 83.51 | 82.33 | 1.19 | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency - score, Belgium or South Korea?
- Belgium, at 84.07 against 82.88 in South Korea as of 2019.
- What is the difference in resolving insolvency - score between Belgium and South Korea?
- 1.19, with Belgium ahead.
- How many years of comparable data are there for Belgium and South Korea?
- 17 years are reported by both, from 2003 to 2019.
- How do Belgium and South Korea rank globally for resolving insolvency - score?
- Belgium ranks 9th and South Korea ranks 11th of 188 countries.
- Where does this data come from?
- The World Bank, published as Resolving insolvency - Score. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The score for resolving insolvency is the simple average of the scores for each of the component indicators: the recovery rate of insolvency proceedings involving domestic entities, as well as the strength of the legal framework applicable to judicial liquidation and reorganization proceedings.