Republic of Korea vs Singapore: Global: Ease of doing business score
Global: Ease of doing business score over time
- Republic of Korea
- Singapore
How they compare
Singapore currently reports 86.2 DB17-20 methodology against 84 DB17-20 methodology in Republic of Korea, a difference of 2.2 DB17-20 methodology.
Across all 5 years both countries report, Singapore has been ahead every year.
Republic of Korea ranks 5th and Singapore ranks 2nd of 191 countries.
Singapore has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher global: ease of doing business score, Republic of Korea or Singapore?
- Singapore, at 86.2 DB17-20 methodology against 84 DB17-20 methodology in Republic of Korea as of 2019.
- What is the difference in global: ease of doing business score between Republic of Korea and Singapore?
- 2.2 DB17-20 methodology, with Singapore ahead.
- How many years of comparable data are there for Republic of Korea and Singapore?
- 5 years are reported by both, from 2015 to 2019.
- How do Republic of Korea and Singapore rank globally for global: ease of doing business score?
- Republic of Korea ranks 5th and Singapore ranks 2nd of 191 countries.
- Where does this data come from?
- The World Bank, published as Global: Ease of doing business score (DB17-20 methodology). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The ease of doing business score is the simple average of the scores for each of the Doing Business topics: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. The score is computed based on the methodology in the DB17-20 studies for topics that underwent methodology updates.