South Korea vs Latin America & the Caribbean (IDA & IBRD countries): Logistics performance … scheduled or expected time (1=low to 5=high)
Logistics performance … scheduled or expected time (1=low to 5=high) over time
- South Korea
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
South Korea currently reports 3.8 1=low to 5=high against 3.04 1=low to 5=high in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.76 1=low to 5=high.
That makes South Korea's figure about 1.2 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 7 years both countries report, South Korea has been ahead every year.
South Korea ranks 24th and Latin America & the Caribbean (IDA & IBRD countries) ranks 24th of 156 countries.
South Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | South Korea | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.86 1=low to 5=high | 3.02 1=low to 5=high | 0.8381 1=low to 5=high | South Korea |
| 2010s | 3.99 1=low to 5=high | 3.18 1=low to 5=high | 0.8018 1=low to 5=high | South Korea |
| 2020s | 3.8 1=low to 5=high | 3.04 1=low to 5=high | 0.7565 1=low to 5=high | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher logistics performance index: frequency with which shipments reach, South Korea or Latin America & the Caribbean (IDA & IBRD countries)?
- South Korea, at 3.8 1=low to 5=high against 3.04 1=low to 5=high in Latin America & the Caribbean (IDA & IBRD countries) as of 2022.
- What is the difference in logistics performance index: frequency with which shipments reach between South Korea and Latin America & the Caribbean (IDA & IBRD countries)?
- 0.76 1=low to 5=high, with South Korea ahead.
- How many years of comparable data are there for South Korea and Latin America & the Caribbean (IDA & IBRD countries)?
- 7 years are reported by both, from 2007 to 2022.
- How do South Korea and Latin America & the Caribbean (IDA & IBRD countries) rank globally for logistics performance index: frequency with which shipments reach?
- South Korea ranks 24th and Latin America & the Caribbean (IDA & IBRD countries) ranks 24th of 156 countries.
- Where does this data come from?
- Connecting to Compete - Logistics Performance Index (LPI), World Bank (WB), published as Logistics performance index: Frequency with which shipments reach consignee within scheduled or expected time (1=low to 5=high). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 how often the shipments to assessed markets reach the consignee within the scheduled or expected delivery time, on a rating ranging from 1 (hardly ever) to 5 (nearly always). Scores are averaged across all respondents.