What is enforcing contracts: cost in South Korea?

Enforcing contracts: cost in South Korea was 12.7% in 2019, according to the World Bank.

What is the highest enforcing contracts: cost recorded in South Korea?

The highest recorded value was 12.7% in 2003.

What is the lowest enforcing contracts: cost recorded in South Korea?

The lowest recorded value was 12.7% in 2003.

How does South Korea rank for enforcing contracts: cost?

South Korea ranks 184th out of 188 countries with data for 2019.

Is enforcing contracts: cost rising or falling in South Korea?

Over the last ten years it is unchanged. The long-run trend across the full record is flat.

Where does this South Korea data come from?

The figures come from the World Bank, published as part of Enforcing contracts: Cost (% of claim). Statizoid updates them automatically from the source API.

Enforcing contracts: Cost in South Korea

Name: Enforcing contracts: Cost in South Korea
Creator: World Bank
License: CC BY 4.0 (World Bank Open Data)

South Korea: Enforcing contracts: Cost was 12.7% in 2019. ▬ Flat

Latest (2019)

12.7%

Change on year

unchanged

World rank

184th

of 188 countries

All-time high

12.7%

in 2003

All-time low

12.7%

in 2003

Years of data

2003–2019

Enforcing contracts: Cost in South Korea, 2003–2019

Source: World Bank. Measured in % of claim.

Analysis

South Korea recorded 12.7% for enforcing contracts: cost in 2019. That is the highest value across all 17 years on record.

That represents a change of unchanged over ten years.

Over the whole period, enforcing contracts: cost in South Korea peaked at 12.7% in 2003 and was at its lowest, 12.7%, in 2003.

That places South Korea 184th out of 188 countries with data for 2019, putting it in the bottom quarter.

Averages by decade

Decade	Average	Lowest	Highest	Years
2000s	12.7%	12.7%	12.7%	7
2010s	12.7%	12.7%	12.7%	10

Countries ranked near South Korea

181 Germany 14.4% compare
182 Tanzania 14.3% compare
183 San Marino 13.9% compare
184 Slovenia 12.7% compare
186 Norway 9.9% compare
187 Luxembourg 9.7% compare

See the full ranking of 190 places →

More reference data data for South Korea

Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
Emission Totals - Emissions (CH4) - IPCC Agriculture 428.81 (2050)
Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
Emission Totals - Emissions (CH4) - Enteric Fermentation 245.54 (2050)
Emission Totals - Emissions (CH4) - Burning - Crop residues 1.13 (2050)
Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop re 31.73 (2050)
Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric Fermentat 6,875 (2050)
Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)

All data for South Korea →

Frequently asked questions

What is enforcing contracts: cost in South Korea?: Enforcing contracts: cost in South Korea was 12.7% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in South Korea?: The highest recorded value was 12.7% in 2003.
What is the lowest enforcing contracts: cost recorded in South Korea?: The lowest recorded value was 12.7% in 2003.
How does South Korea rank for enforcing contracts: cost?: South Korea ranks 184th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in South Korea?: Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this South Korea data come from?: The figures come from the World Bank, published as part of Enforcing contracts: Cost (% of claim). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator: Enforcing contracts: Cost (% of claim)
Unit: % of claim
Source: World Bank
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 190 places, 3,083 data points, 2003–2019
Last refreshed: 10 August 2026

The cost to enforce contracts is recorded as a percentage of the claim value, assumed to be equivalent to 200% of income per capita or $5,000, whichever is greater. Three types of costs are recorded: average attorney fees, court costs and enforcement costs. Bribes are not taken into account.