Resolving insolvency - Score in South Korea

South Korea: Resolving insolvency - Score was 82.88 in 2019. ▬ Flat

Latest (2019)
82.88
Change on year
down 0.1%
World rank
11th
of 191 countries
All-time high
83.08
in 2017
All-time low
80.84
in 2008
Years of data
17
2003–2019

Resolving insolvency - Score in South Korea, 2003–2019

0204060802003201120192003: 81.12004: 81.22005: 81.52006: 81.52007: 81.22008: 80.82009: 80.82010: 81.52011: 81.82012: 81.52013: 81.82014: 82.22015: 82.52016: 832017: 83.12018: 832019: 82.9

Source: World Bank.

Analysis

The most recent figure for resolving insolvency - score in South Korea is 82.88, measured in 2019.

The figure is down 0.1% on the previous year and up 2.5% over ten years.

Over the whole period, resolving insolvency - score in South Korea peaked at 83.08 in 2017 and was at its lowest, 80.84, in 2008.

That places South Korea 11th out of 191 countries with data for 2019, putting it in the top 10%.

Resolving insolvency - Score in South Korea, year by year

Annual values for Resolving insolvency - Score in South Korea, 2003 to 2019.
Year Value Change
2003 81.08
2004 81.25 +0.2%
2005 81.45 +0.3%
2006 81.52 +0.1%
2007 81.19 -0.4%
2008 80.84 -0.4%
2009 80.84 +0.0%
2010 81.49 +0.8%
2011 81.79 +0.4%
2012 81.54 -0.3%
2013 81.77 +0.3%
2014 82.25 +0.6%
2015 82.5 +0.3%
2016 82.97 +0.6%
2017 83.08 +0.1%
2018 83.01 -0.1%
2019 82.88 -0.1%

South Korea compared with similar countries

  • South Korea's 82.88 is above the median for high income countries, which is 64.05, 1.3× the median. (62 countries reporting)
  • South Korea's 82.88 is above the median for East Asia & Pacific, which is 43.6, 1.9× the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 81.17 80.84 81.52 7
2010s 82.33 81.49 83.08 10

Countries ranked near South Korea

  1. 8 Slovenia 84.4 compare
  2. 9 Belgium 84.07 compare
  3. 10 Puerto Rico 83.32 compare
  4. 12 Iceland 81.98 compare
  5. 13 Canada 81.03 compare
  6. 14 United Kingdom 80.32 compare

See the full ranking of 191 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is resolving insolvency - score in South Korea?
Resolving insolvency - score in South Korea was 82.88 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in South Korea?
The highest recorded value was 83.08 in 2017.
What is the lowest resolving insolvency - score recorded in South Korea?
The lowest recorded value was 80.84 in 2008.
How does South Korea rank for resolving insolvency - score?
South Korea ranks 11th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in South Korea?
Over the last ten years it is up 2.5%. 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 - Score. Statizoid updates them automatically from the source API.

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Resolving insolvency - Score in South Korea. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-score/korea-rep/

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About this data

Indicator
Resolving insolvency - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 3,094 data points, 2003–2019
Last refreshed

The score for resolving insolvency is the simple average of the scores for each of the component indicators: the recovery rate of insolvency proceedings involving domestic entities, as well as the strength of the legal framework applicable to judicial liquidation and reorganization proceedings.