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 188 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 188 countries with data for 2019, putting it in the top 10%.

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 190 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 188 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.

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 - 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 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.