Resolving insolvency: Recovery rate (cents on the dollar) - Score in South Korea

South Korea: Resolving insolvency: Recovery rate (cents on the dollar) - Score was 90.77 in 2019. ▬ Flat

Latest (2019)
90.77
Change on year
down 0.3%
World rank
14th
of 188 countries
All-time high
91.16
in 2017
All-time low
86.69
in 2008
Years of data
17
2003–2019

Resolving insolvency: Recovery rate (cents on the dollar) - Score in South Korea, 2003–2019

0204060801002003201120192003: 87.22004: 87.52005: 87.92006: 882007: 87.42008: 86.72009: 86.72010: 882011: 88.62012: 88.12013: 88.52014: 89.52015: 902016: 90.92017: 91.22018: 912019: 90.8

Source: World Bank.

Analysis

In 2019, resolving insolvency: recovery rate (cents on the dollar) - score in South Korea stood at 90.77.

Compared with earlier readings it is down 0.3% on the previous year and up 4.7% over ten years.

Over the whole period, resolving insolvency: recovery rate (cents on the dollar) - score in South Korea peaked at 91.16 in 2017 and was at its lowest, 86.69, in 2008.

South Korea ranks 14th of 188 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 87.34 86.69 88.05 7
2010s 89.65 87.97 91.16 10

Countries ranked near South Korea

  1. 11 Ireland 92.68 compare
  2. 12 Iceland 92.09 compare
  3. 13 United Kingdom 91.89 compare
  4. 15 Australia 88.97 compare
  5. 16 Taiwan 88.5 compare
  6. 17 United States 87.22 compare

See the full ranking of 190 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is resolving insolvency: recovery rate (cents on the dollar) - score in South Korea?
Resolving insolvency: recovery rate (cents on the dollar) - score in South Korea was 90.77 in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate (cents on the dollar) - score recorded in South Korea?
The highest recorded value was 91.16 in 2017.
What is the lowest resolving insolvency: recovery rate (cents on the dollar) - score recorded in South Korea?
The lowest recorded value was 86.69 in 2008.
How does South Korea rank for resolving insolvency: recovery rate (cents on the dollar) - score?
South Korea ranks 14th out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate (cents on the dollar) - score rising or falling in South Korea?
Over the last ten years it is up 4.7%. 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 Resolving insolvency: Recovery rate (cents on the dollar) - 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

Indicator
Resolving insolvency: Recovery rate (cents on the dollar) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The score for recovery rate 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.