Korea vs Latin America & Caribbean: Logistics performance index: Ease of arranging competitively priced
Logistics performance index: Ease of arranging competitively priced over time
- Korea
- Latin America & Caribbean
How they compare
Korea currently reports 3.4 1=low to 5=high against 2.66 1=low to 5=high in Latin America & Caribbean, a difference of 0.74 1=low to 5=high.
That makes Korea's figure about 1.3 times Latin America & Caribbean's.
Across all 7 years both countries report, Korea has been ahead every year.
Korea ranks 25th and Latin America & Caribbean ranks 28th of 156 countries.
Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Korea | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.44 1=low to 5=high | 2.55 1=low to 5=high | 0.8914 1=low to 5=high | Korea |
| 2010s | 3.5 1=low to 5=high | 2.72 1=low to 5=high | 0.7801 1=low to 5=high | Korea |
| 2020s | 3.4 1=low to 5=high | 2.66 1=low to 5=high | 0.736 1=low to 5=high | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher logistics performance index: ease of arranging competitively priced, Korea or Latin America & Caribbean?
- Korea, at 3.4 1=low to 5=high against 2.66 1=low to 5=high in Latin America & Caribbean as of 2022.
- What is the difference in logistics performance index: ease of arranging competitively priced between Korea and Latin America & Caribbean?
- 0.74 1=low to 5=high, with Korea ahead.
- How many years of comparable data are there for Korea and Latin America & Caribbean?
- 7 years are reported by both, from 2007 to 2022.
- How do Korea and Latin America & Caribbean rank globally for logistics performance index: ease of arranging competitively priced?
- Korea ranks 25th and Latin America & Caribbean ranks 28th of 156 countries.
- Where does this data come from?
- Connecting to Compete - Logistics Performance Index (LPI), World Bank (WB), published as Logistics performance index: Ease of arranging competitively priced shipments (1=low to 5=high). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Data are from the Logistics Performance Index survey conducted by the World Bank in partnership with academic and international institutions and private companies and individuals engaged in international logistics. Respondents evaluate eight countries on six core dimensions on a scale from 1 (worst) to 5 (best). The eight countries are chosen based on the most important export and import markets of the respondent's country, random selection, and, for landlocked countries, neighboring countries that connect them with international markets. The 2023 LPI survey was conducted from September 6 to November 5, 2022. It provided 4,090 country assessments by 652 logistics professionals in 115 countries in all World Bank regions. Details of the survey methodology and index construction methodology are included in Appendix 5 of the 2023 LPI report available at: https://lpi.worldbank.org/report. Respondents assessed the ease of arranging competitively priced shipments to markets, on a rating ranging from 1 (very difficult) to 5 (very easy). Scores are averaged across all respondents.