Enforcing contracts (DB04-15 methodology) - Score in South Korea

South Korea: Enforcing contracts (DB04-15 methodology) - Score was 79.17 in 2014. ▬ Flat

Latest (2014)
79.17
Change on year
unchanged
World rank
5th
of 181 countries
All-time high
80.81
in 2011
All-time low
78.73
in 2003
Years of data
12
2003–2014

Enforcing contracts (DB04-15 methodology) - Score in South Korea, 2003–2014

0204060802003200820142003: 78.72004: 78.72005: 78.72006: 78.72007: 78.72008: 78.72009: 78.72010: 78.72011: 80.82012: 79.22013: 79.22014: 79.2

Source: World Bank.

Analysis

The most recent figure for enforcing contracts (db04-15 methodology) - score in South Korea is 79.17, measured in 2014.

Compared with earlier readings it is up 0.6% over ten years.

Over the whole period, enforcing contracts (db04-15 methodology) - score in South Korea peaked at 80.81 in 2011 and was at its lowest, 78.73, in 2003.

That places South Korea 5th out of 181 countries with data for 2014, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 78.73 78.73 78.73 7
2010s 79.41 78.73 80.81 5

Countries ranked near South Korea

  1. 2 Luxembourg 85.7 compare
  2. 3 Iceland 82.3 compare
  3. 4 Austria 80.58 compare
  4. 6 Hong Kong 78.74 compare
  5. 7 Belarus 78.7 compare
  6. 8 New Zealand 77.84 compare

See the full ranking of 183 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is enforcing contracts (db04-15 methodology) - score in South Korea?
Enforcing contracts (db04-15 methodology) - score in South Korea was 79.17 in 2014, according to the World Bank.
What is the highest enforcing contracts (db04-15 methodology) - score recorded in South Korea?
The highest recorded value was 80.81 in 2011.
What is the lowest enforcing contracts (db04-15 methodology) - score recorded in South Korea?
The lowest recorded value was 78.73 in 2003.
How does South Korea rank for enforcing contracts (db04-15 methodology) - score?
South Korea ranks 5th out of 181 countries with data for 2014.
Is enforcing contracts (db04-15 methodology) - score rising or falling in South Korea?
Over the last ten years it is up 0.6%. 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 (DB04-15 methodology) - Score. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Enforcing contracts (DB04-15 methodology) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 2,113 data points, 2003–2014
Last refreshed

The score for enforcing contracts is the simple average of the scores for each of the component indicators: the procedures, time and cost for resolving a commercial dispute through a local first-instance court. The score is computed based on the methodology in the DB04-15 studies.