Enforcing contracts: Time (days) - Score in South Korea
South Korea: Enforcing contracts: Time (days) - Score was 86.07 in 2019. ▼ Falling
Enforcing contracts: Time (days) - Score in South Korea, 2003–2019
Source: World Bank.
Analysis
South Korea recorded 86.07 for enforcing contracts: time (days) - score in 2019. That is the lowest value across all 17 years on record.
That represents a change of down 5.4% over ten years.
Over the whole period, enforcing contracts: time (days) - score in South Korea peaked at 90.98 in 2003 and was at its lowest, 86.07, in 2012.
South Korea ranks 10th of 191 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Enforcing contracts: Time (days) - Score in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 90.98 | — |
| 2004 | 90.98 | +0.0% |
| 2005 | 90.98 | +0.0% |
| 2006 | 90.98 | +0.0% |
| 2007 | 90.98 | +0.0% |
| 2008 | 90.98 | +0.0% |
| 2009 | 90.98 | +0.0% |
| 2010 | 90.98 | +0.0% |
| 2011 | 90.98 | +0.0% |
| 2012 | 86.07 | -5.4% |
| 2013 | 86.07 | +0.0% |
| 2014 | 86.07 | +0.0% |
| 2015 | 86.07 | +0.0% |
| 2016 | 86.07 | +0.0% |
| 2017 | 86.07 | +0.0% |
| 2018 | 86.07 | +0.0% |
| 2019 | 86.07 | +0.0% |
South Korea compared with similar countries
- South Korea's 86.07 is above the median for high income countries, which is 64.39, 1.3× the median. (62 countries reporting)
- South Korea's 86.07 is above the median for East Asia & Pacific, which is 73.57, 1.2× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 90.98 | 90.98 | 90.98 | 7 |
| 2010s | 87.05 | 86.07 | 90.98 | 10 |
Countries ranked near South Korea
- 7 Belarus 87.3 compare
- 8 Azerbaijan 87.13 compare
- 9 Georgia 86.48 compare
- 11 Guinea 84.34 compare
- 12 Luxembourg 83.52 compare
- 13 Kosovo 82.79 compare
- 13 Kosovo (UNSCR 1244) 82.79 compare
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is enforcing contracts: time (days) - score in South Korea?
- Enforcing contracts: time (days) - score in South Korea was 86.07 in 2019, according to the World Bank.
- What is the highest enforcing contracts: time (days) - score recorded in South Korea?
- The highest recorded value was 90.98 in 2003.
- What is the lowest enforcing contracts: time (days) - score recorded in South Korea?
- The lowest recorded value was 86.07 in 2012.
- How does South Korea rank for enforcing contracts: time (days) - score?
- South Korea ranks 10th out of 191 countries with data for 2019.
- Is enforcing contracts: time (days) - score rising or falling in South Korea?
- Over the last ten years it is down 5.4%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from the World Bank, published as part of Enforcing contracts: Time (days) - Score. 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
The score for time 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.