Resolving insolvency: Cost in Korea
Korea: Resolving insolvency: Cost was 3.5% in 2019. ▬ Flat
Resolving insolvency: Cost in Korea, 2003–2019
Source: World Bank. Measured in % of estate.
Analysis
The most recent figure for resolving insolvency: cost in Korea is 3.5%, measured 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, resolving insolvency: cost in Korea peaked at 3.5% in 2003 and was at its lowest, 3.5%, in 2003.
Korea ranks 160th of 167 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.5% | 3.5% | 3.5% | 7 |
| 2010s | 3.5% | 3.5% | 3.5% | 10 |
Countries ranked near Korea
- 160 Belgium 3.5% compare
- 160 Brunei Darussalam 3.5% compare
- 160 Finland 3.5% compare
- 160 Iceland 3.5% compare
- 160 Netherlands 3.5% compare
- 160 New Zealand 3.5% compare
More reference data data for 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 resolving insolvency: cost in Korea?
- Resolving insolvency: cost in Korea was 3.5% in 2019, according to the World Bank.
- What is the highest resolving insolvency: cost recorded in Korea?
- The highest recorded value was 3.5% in 2003.
- What is the lowest resolving insolvency: cost recorded in Korea?
- The lowest recorded value was 3.5% in 2003.
- How does Korea rank for resolving insolvency: cost?
- Korea ranks 160th out of 167 countries with data for 2019.
- Is resolving insolvency: cost rising or falling in Korea?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Korea data come from?
- The figures come from the World Bank, published as part of Resolving insolvency: Cost (% of estate). 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 cost to resolve insolvency is the cost of the proceedings is recorded as a percentage of the value of the debtor’s estate, including court fees and government levies, fees of insolvency administrators, auctioneers, assessors and lawyers, and all other fees and costs.