Ease of Doing Business in South Korea  2008-2018 | 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 77.00 74.00 119.00 35.00 Index Points [+]
Manufacturing PMI 48.40 49.10 52.60 45.70 [+]
Industrial Production -4.30 -6.80 38.80 -25.30 percent [+]
Industrial Production Mom -2.50 0.80 11.00 -11.00 percent [+]
Manufacturing Production -4.70 -7.80 41.60 -26.70 percent [+]
Capacity Utilization 102.40 103.40 114.50 4.20 Index Points [+]
New Orders 8007114.00 6856705.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 41.40 1409.30 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 50.00 31.00 3377.00 30.00 Companies [+]
Car Registrations 135936.00 138366.00 155971.00 49944.00 [+]
Leading Economic Index 112.30 112.20 134.10 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 [+]
Mining Production -10.30 -8.30 43.10 -36.00 percent [+]
Steel Production 6095.40 5415.50 6405.68 650.00 Thousand Tonnes [+]
Cement Production 5221.00 5825.00 6134.00 1726.00 Thousands of Tonnes [+]
Ease of Doing Business 4.00 5.00 23.00 4.00 [+]
Electricity Production 23281.55 22931.20 24724.60 13859.99 Gigawatt-hour [+]
Car Production 4114913.00 4228509.00 4657094.00 1954494.00 [+]
Coincident Index 108.70 108.50 131.00 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 54.00 53.00 56.00 38.00 Points [+]
Corruption Rank 51.00 52.00 52.00 27.00 [+]


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 May of 2018.

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


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