Enforcing contracts: Procedures (number) - Score in South Korea

South Korea: Enforcing contracts: Procedures (number) - Score was 65.62 in 2014. ▲ Rising

Latest (2014)
65.62
Change on year
unchanged
World rank
29th
of 181 countries
All-time high
65.62
in 2011
All-time low
59.38
in 2003
Years of data
12
2003–2014

Enforcing contracts: Procedures (number) - Score in South Korea, 2003–2014

02040602003200820142003: 59.42004: 59.42005: 59.42006: 59.42007: 59.42008: 59.42009: 59.42010: 59.42011: 65.62012: 65.62013: 65.62014: 65.6

Source: World Bank.

Analysis

In 2014, enforcing contracts: procedures (number) - score in South Korea stood at 65.62. That is the highest value across all 12 years on record.

The figure is up 10.5% over ten years.

Over the whole period, enforcing contracts: procedures (number) - score in South Korea peaked at 65.62 in 2011 and was at its lowest, 59.38, in 2003.

That places South Korea 29th out of 181 countries with data for 2014, putting it in the top quarter.

The long-run direction has been consistently rising across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 59.38 59.38 59.38 7
2010s 64.38 59.38 65.62 5

Countries ranked near South Korea

  1. 29 Japan 65.62 compare
  2. 29 Cote d'Ivoire 65.62 compare
  3. 29 Kiribati 65.62 compare
  4. 29 Mongolia 65.62 compare
  5. 29 Panama 65.62 compare
  6. 29 Slovenia 65.62 compare
  7. 29 Switzerland 65.62 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: procedures (number) - score in South Korea?
Enforcing contracts: procedures (number) - score in South Korea was 65.62 in 2014, according to the World Bank.
What is the highest enforcing contracts: procedures (number) - score recorded in South Korea?
The highest recorded value was 65.62 in 2011.
What is the lowest enforcing contracts: procedures (number) - score recorded in South Korea?
The lowest recorded value was 59.38 in 2003.
How does South Korea rank for enforcing contracts: procedures (number) - score?
South Korea ranks 29th out of 181 countries with data for 2014.
Is enforcing contracts: procedures (number) - score rising or falling in South Korea?
Over the last ten years it is up 10.5%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from the World Bank, published as part of Enforcing contracts: Procedures (number) - 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: Procedures (number) - 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 procedures to enforce contracts benchmarks economies with respect to the regulatory best practice on the indicator. The score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance, and is computed based on the methodology in the DB04-15 studies.