Resolving insolvency: Time in South Korea
South Korea: Resolving insolvency: Time was 1.5 years in 2019. ▬ Flat
Latest (2019)
1.5 years
Change on year
unchanged
World rank
129th
of 168 countries
All-time high
1.5 years
in 2003
All-time low
1.5 years
in 2003
Years of data
17
2003–2019
Resolving insolvency: Time in South Korea, 2003–2019
Source: World Bank. Measured in years.
Analysis
South Korea recorded 1.5 years for resolving insolvency: time 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: time in South Korea peaked at 1.5 years in 2003 and was at its lowest, 1.5 years, in 2003.
That places South Korea 129th out of 168 countries with data for 2019, putting it in the bottom quarter.
Resolving insolvency: Time in South Korea, year by year
| Year | years | Change |
|---|---|---|
| 2003 | 1.5 years | — |
| 2004 | 1.5 years | +0.0% |
| 2005 | 1.5 years | +0.0% |
| 2006 | 1.5 years | +0.0% |
| 2007 | 1.5 years | +0.0% |
| 2008 | 1.5 years | +0.0% |
| 2009 | 1.5 years | +0.0% |
| 2010 | 1.5 years | +0.0% |
| 2011 | 1.5 years | +0.0% |
| 2012 | 1.5 years | +0.0% |
| 2013 | 1.5 years | +0.0% |
| 2014 | 1.5 years | +0.0% |
| 2015 | 1.5 years | +0.0% |
| 2016 | 1.5 years | +0.0% |
| 2017 | 1.5 years | +0.0% |
| 2018 | 1.5 years | +0.0% |
| 2019 | 1.5 years | +0.0% |
South Korea compared with similar countries
- South Korea's 1.5 years is below the median for high income countries, which is 2 years, 75% of the median. (60 countries reporting)
- South Korea's 1.5 years is below the median for East Asia & Pacific, which is 2 years, 75% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.5 years | 1.5 years | 1.5 years | 7 |
| 2010s | 1.5 years | 1.5 years | 1.5 years | 10 |
Countries ranked near South Korea
- 128 India 1.6 years compare
- 129 Azerbaijan 1.5 years compare
- 129 Belarus 1.5 years compare
- 129 Cyprus 1.5 years compare
- 129 Djibouti 1.5 years compare
- 129 Iran 1.5 years compare
- 129 Kazakhstan 1.5 years compare
- 129 Kyrgyzstan 1.5 years compare
- 129 Latvia 1.5 years compare
- 129 Maldives 1.5 years compare
- 129 Mozambique 1.5 years compare
- 129 North Macedonia 1.5 years compare
- 129 Spain 1.5 years compare
- 129 Thailand 1.5 years 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 resolving insolvency: time in South Korea?
- Resolving insolvency: time in South Korea was 1.5 years in 2019, according to the World Bank.
- What is the highest resolving insolvency: time recorded in South Korea?
- The highest recorded value was 1.5 years in 2003.
- What is the lowest resolving insolvency: time recorded in South Korea?
- The lowest recorded value was 1.5 years in 2003.
- How does South Korea rank for resolving insolvency: time?
- South Korea ranks 129th out of 168 countries with data for 2019.
- Is resolving insolvency: time rising or falling in South Korea?
- Over the last ten years it is unchanged. 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: Time (years). 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).