Registering property: Procedures (number) in South Korea
South Korea: Registering property: Procedures was 7 number in 2019. ▬ Flat
Registering property: Procedures in South Korea, 2004–2019
Source: World Bank. Measured in number.
Analysis
In 2019, registering property: procedures in South Korea stood at 7 number. That is the highest value across all 16 years on record.
That represents a change of unchanged over ten years.
Over the whole period, registering property: procedures in South Korea peaked at 7 number in 2004 and was at its lowest, 7 number, in 2004.
That places South Korea 40th out of 187 countries with data for 2019, putting it in the top quarter.
Registering property: Procedures in South Korea, year by year
| Year | number | Change |
|---|---|---|
| 2004 | 7 number | — |
| 2005 | 7 number | +0.0% |
| 2006 | 7 number | +0.0% |
| 2007 | 7 number | +0.0% |
| 2008 | 7 number | +0.0% |
| 2009 | 7 number | +0.0% |
| 2010 | 7 number | +0.0% |
| 2011 | 7 number | +0.0% |
| 2012 | 7 number | +0.0% |
| 2013 | 7 number | +0.0% |
| 2014 | 7 number | +0.0% |
| 2015 | 7 number | +0.0% |
| 2016 | 7 number | +0.0% |
| 2017 | 7 number | +0.0% |
| 2018 | 7 number | +0.0% |
| 2019 | 7 number | +0.0% |
South Korea compared with similar countries
- South Korea's 7 number is above the median for high income countries, which is 5 number, 1.4× the median. (62 countries reporting)
- South Korea's 7 number is above the median for East Asia & Pacific, which is 5 number, 1.4× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7 number | 7 number | 7 number | 6 |
| 2010s | 7 number | 7 number | 7 number | 10 |
Countries ranked near South Korea
- 39 Mexico 7.66 number compare
- 40 Antigua and Barbuda 7 number compare
- 40 Argentina 7 number compare
- 40 Bahamas 7 number compare
- 40 Barbados 7 number compare
- 40 Bolivia 7 number compare
- 40 Bosnia and Herzegovina 7 number compare
- 40 Brunei 7 number compare
- 40 Cambodia 7 number compare
- 40 Colombia 7 number compare
- 40 Cyprus 7 number compare
- 40 Ethiopia 7 number compare
- 40 Guatemala 7 number compare
- 40 Guyana 7 number compare
- 40 Kuwait 7 number compare
- 40 Luxembourg 7 number compare
- 40 Malta 7 number compare
- 40 North Macedonia 7 number compare
- 40 Panama 7 number compare
- 40 Sierra Leone 7 number compare
- 40 Slovenia 7 number compare
- 40 South Africa 7 number compare
- 40 South Sudan 7 number compare
- 40 Saint Vincent and the Grenadines 7 number compare
- 40 Ukraine 7 number compare
- 40 Palestine 7 number compare
More private sector data for South Korea
- Merchandise trade 71.6% (2025)
- Food imports 6.3% (2024)
- Manufactures imports 60.1% (2024)
- Merchandise imports 631.89 billion current US$ (2025)
- Food exports 1.6% (2024)
- Manufactures exports 87.3% (2024)
- Merchandise exports 709.33 billion current US$ (2025)
- Merchandise exports (current US$), per capita 13,724 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3788 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 3.76 % change on previous year (2025)
Frequently asked questions
- What is registering property: procedures in South Korea?
- Registering property: procedures in South Korea was 7 number in 2019, according to the World Bank.
- What is the highest registering property: procedures recorded in South Korea?
- The highest recorded value was 7 number in 2004.
- What is the lowest registering property: procedures recorded in South Korea?
- The lowest recorded value was 7 number in 2004.
- How does South Korea rank for registering property: procedures?
- South Korea ranks 40th out of 187 countries with data for 2019.
- Is registering property: procedures rising or falling in South Korea?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this South Korea data come from?
- The figures come from the World Bank, published as part of Registering property: Procedures (number). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The time captures the median duration that property lawyers, notaries or registry officials indicate is necessary to complete a procedure. It is calculated in calendar days. The time estimates of all procedures are added to calculate the total time required to obtain transfer the property title, taking into account simultaneity of processes. It is assumed that the minimum time required for each procedure is one day, except for procedures that can be fully completed online, for which the time required is recorded as half a day.