Iceland vs South Korea: Resolving insolvency - Score
Iceland
81.98
in 2019
South Korea
82.88
in 2019
Iceland rank
12th
South Korea rank
11th
Resolving insolvency - Score over time
- Iceland
- South Korea
How they compare
South Korea currently reports 82.88 against 81.98 in Iceland, a difference of 0.9.
The two have swapped places 2 times across 16 shared years of data; in 2004 it was South Korea ahead.
Iceland ranks 12th and South Korea ranks 11th of 188 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 77.12 | 81.18 | 4.06 | South Korea |
| 2010s | 81.12 | 82.33 | 1.21 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency - score, Iceland or South Korea?
- South Korea, at 82.88 against 81.98 in Iceland as of 2019.
- What is the difference in resolving insolvency - score between Iceland and South Korea?
- 0.9, with South Korea 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 - score?
- Iceland ranks 12th 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.