Ease of Doing Business in South Korea  2008-2017 | Data | Chart | Calendar

South Korea is ranked 5 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of South Korea deteriorated to 5 in 2016 from 4 in 2015. Ease of Doing Business in South Korea averaged 10.11 from 2008 until 2016, reaching an all time high of 23.00 in 2008 and a record low of 4.00 in 2014.

Ease of Doing Business in South Korea
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South Korea Business Last Previous Highest Lowest Unit
Business Confidence 83.00 79.00 119.00 35.00 [+]
Manufacturing PMI 49.40 48.40 52.60 45.70 [+]
Industrial Production 3.00 6.70 38.80 -25.30 percent [+]
Industrial Production Mom 1.00 -3.30 11.00 -11.00 percent [+]
Manufacturing Production 3.20 6.90 41.60 -26.70 percent [+]
Capacity Utilization 113.40 113.40 113.60 4.20 Index Points [+]
New Orders 6147026.00 5285646.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories -854.40 -1441.30 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 47.00 46.00 3377.00 30.00 Companies [+]
Car Registrations 128618.00 138900.00 155971.00 49944.00 Cars [+]
Leading Economic Index 129.60 129.30 129.60 5.20 Index Points [+]
Mining Production -3.40 4.60 43.10 -36.00 percent [+]
Steel Production 6100.00 5507.95 6405.68 650.00 Thousand Tonnes [+]
Cement Production 5804.00 3886.00 6134.00 1726.00 Thousands of Tonnes [+]
Coincident Index 124.70 124.20 131.00 5.40 Index Points [+]
Competitiveness Index 5.03 4.99 5.39 4.93 Points [+]
Competitiveness Rank 26.00 26.00 26.00 11.00 [+]
Ease of Doing Business 5.00 4.00 23.00 4.00 [+]
Electricity Production 23499.07 22442.36 23580.32 13859.99 Gigawatt-hour [+]
Corruption Index 53.00 56.00 56.00 38.00 Points [+]
Corruption Rank 52.00 37.00 52.00 27.00 [+]


Ease of Doing Business in South Korea Notes

The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in South Korea. Ease of Doing Business in South Korea - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.00 4.00 23.00 4.00 2008 - 2016 Yearly



ease of doing business by Country

Last
South Korea 5.00 Dec/16
United Kingdom 7.00 Dec/16
United States 8.00 Dec/16
Australia 15.00 Dec/16
Germany 17.00 Dec/16
Canada 22.00 Dec/16
Netherlands 28.00 Dec/16
France 29.00 Dec/16
Switzerland 31.00 Dec/16
Spain 32.00 Dec/16
Japan 34.00 Dec/16
Russia 40.00 Dec/16
Mexico 47.00 Dec/16
Italy 50.00 Dec/16
Turkey 69.00 Dec/16
China 78.00 Dec/16
Indonesia 91.00 Dec/16
Brazil 123.00 Dec/16
India 130.00 Dec/16