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

South Korea is ranked 4 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of South Korea improved to 4 in 2017 from 5 in 2016. Ease of Doing Business in South Korea averaged 9.50 from 2008 until 2017, reaching an all time high of 23 in 2008 and a record low of 4 in 2014.

Ease of Doing Business in South Korea
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South Korea Business Last Previous Highest Lowest Unit
Business Confidence 81.00 83.00 119.00 35.00 [+]
Manufacturing PMI 50.20 50.60 52.60 45.70 [+]
Industrial Production 8.40 2.30 38.80 -25.30 percent [+]
Industrial Production Mom 0.10 0.10 11.00 -11.00 percent [+]
Manufacturing Production 8.70 2.50 41.60 -26.70 percent [+]
Capacity Utilization 114.00 113.60 114.00 4.20 Index Points [+]
New Orders 8382106.00 5368550.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories -2400.70 263.10 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 33.00 31.00 3377.00 30.00 Companies [+]
Car Registrations 137706.00 120975.00 155971.00 49944.00 Cars [+]
Leading Economic Index 133.20 133.20 133.20 5.20 Index Points [+]
Internet Speed 28553.69 26116.23 29047.94 6992.81 KBps [+]
IP Addresses 25814048.00 25049894.00 25814048.00 13271570.00 IP [+]
Steel Production 5880.00 6160.00 6405.68 650.00 Thousand Tonnes [+]
Mining Production -20.80 -8.40 43.10 -36.00 percent [+]
Cement Production 5366.00 4432.00 6134.00 1726.00 Thousands of Tonnes [+]
Coincident Index 126.60 126.10 131.00 5.40 Index Points [+]
Competitiveness Index 5.07 5.03 5.39 4.93 Points [+]
Competitiveness Rank 26.00 26.00 26.00 11.00 [+]
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 4.00 5.00 23.00 4.00 [+]
Electricity Production 23629.10 22567.64 23629.10 13859.99 Gigawatt-hour [+]


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. 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.00 5.00 23.00 4.00 2008 - 2017 Yearly




ease of doing business by Country
Country Last
South Korea 4.00 Dec/17
United States 6.00 Dec/17
United Kingdom 7.00 Dec/17
Australia 14.00 Dec/17
Canada 18.00 Dec/17
Germany 20.00 Dec/17
Spain 28.00 Dec/17
France 31.00 Dec/17
Netherlands 32.00 Dec/17
Switzerland 33.00 Dec/17
Japan 34.00 Dec/17
Russia 35.00 Dec/17
Italy 46.00 Dec/17
Mexico 49.00 Dec/17
Turkey 60.00 Dec/17
Indonesia 72.00 Dec/17
China 78.00 Dec/17
India 100.00 Dec/17
Brazil 125.00 Dec/17