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 remained unchanged at 5 in 2019 from 5 in 2018. Ease of Doing Business in South Korea averaged 8.75 from 2008 until 2019, reaching an all time high of 23.00 in 2008 and a record low of 4.00 in 2014. source: World Bank

Related	Last	Previous	Unit	Reference
Business Confidence	72.00	73.00	points	Feb 2026
Capacity Utilization	103.50	103.50	points	Dec 2025
Car Production	360500.00	362564.00	Units	Jan 2026
Car Registrations	120787.00	144882.00	Units	Jan 2026
Changes in Inventories	1685.00	1989.90	KRW Billion	Sep 2025
Coincident Index	113.60	113.60	points	Dec 2025
Composite Leading Indicator	102.15	101.89	points	Feb 2026
Corruption Index	63.00	64.00	Points	Dec 2025
Corruption Rank	31.00	30.00		Dec 2025
Electricity Production	22501.10	21621.51	Gigawatt-hour	Dec 2025
Industrial Production YoY	7.10	1.40	percent	Jan 2026
Industrial Production MoM	-1.90	1.50	percent	Jan 2026
Leading Economic Index	124.20	123.10	points	Jan 2026
Manufacturing Production YoY	7.20	1.40	percent	Jan 2026
Mining Production	-1.90	0.10	percent	Jan 2026
New Orders	13971611.00	13968822.00	KRW Million	Jan 2026
Steel Production	5600.00	5200.00	Thousand Tonnes	Jan 2026

Ease of Doing Business in South Korea

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.