{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"time-required-to-start-business","source":"Doing Business project, World Bank (2025) \u2013 processed by Our World in Data","source_url":"https://ourworldindata.org/grapher/time-required-to-start-business","title":"Time required to start a business","unit":"days"},"observations":[{"date":"2003-01-01","value":17.0},{"date":"2004-01-01","value":17.0},{"date":"2005-01-01","value":17.0},{"date":"2006-01-01","value":17.0},{"date":"2007-01-01","value":17.0},{"date":"2008-01-01","value":17.0},{"date":"2009-01-01","value":14.0},{"date":"2010-01-01","value":14.0},{"date":"2011-01-01","value":9.0},{"date":"2012-01-01","value":8.0},{"date":"2013-01-01","value":8.0},{"date":"2014-01-01","value":8.0},{"date":"2015-01-01","value":8.0},{"date":"2016-01-01","value":8.0},{"date":"2017-01-01","value":8.0},{"date":"2018-01-01","value":8.0},{"date":"2019-01-01","value":8.0}],"summary":{"latest_period":"2019-01-01","latest_value":8.0,"max":17.0,"mean":11.9412,"min":8.0,"of":188,"rank":131,"trend":"falling"}}