Starting a business: Procedures required - Men (number) - Score (Men) in South Korea
South Korea: Starting a business: Procedures required - Men (number) - Score (Men) was 88.24 in 2019. ▲ Rising
Starting a business: Procedures required - Men (number) - Score in South Korea, 2003–2019
Source: World Bank.
Analysis
The most recent figure for starting a business: procedures required - men (number) - score in South Korea is 88.24, measured in 2019. That is the highest value across all 17 years on record.
That represents a change of up 50.0% over ten years.
Over the whole period, starting a business: procedures required - men (number) - score in South Korea peaked at 88.24 in 2016 and was at its lowest, 47.06, in 2003.
That places South Korea 8th out of 191 countries with data for 2019, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Starting a business: Procedures required - Men (number) - Score (Men) in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 47.06 | — |
| 2004 | 47.06 | +0.0% |
| 2005 | 47.06 | +0.0% |
| 2006 | 47.06 | +0.0% |
| 2007 | 47.06 | +0.0% |
| 2008 | 47.06 | +0.0% |
| 2009 | 58.82 | +25.0% |
| 2010 | 58.82 | +0.0% |
| 2011 | 70.59 | +20.0% |
| 2012 | 82.35 | +16.7% |
| 2013 | 82.35 | +0.0% |
| 2014 | 82.35 | +0.0% |
| 2015 | 82.35 | +0.0% |
| 2016 | 88.24 | +7.1% |
| 2017 | 88.24 | +0.0% |
| 2018 | 88.24 | +0.0% |
| 2019 | 88.24 | +0.0% |
South Korea compared with similar countries
- South Korea's 88.24 is above the median for high income countries, which is 76.47, 1.2× the median. (62 countries reporting)
- South Korea's 88.24 is above the median for East Asia & Pacific, which is 67.65, 1.3× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 48.74 | 47.06 | 58.82 | 7 |
| 2010s | 81.18 | 58.82 | 88.24 | 10 |
Countries ranked near South Korea
- 8 Armenia 88.24 compare
- 8 Australia 88.24 compare
- 8 Azerbaijan 88.24 compare
- 8 Brunei 88.24 compare
- 8 Burkina Faso 88.24 compare
- 8 Estonia 88.24 compare
- 8 Finland 88.24 compare
- 8 Greece 88.24 compare
- 8 Ireland 88.24 compare
- 8 Israel 88.24 compare
- 8 Kosovo 88.24 compare
- 8 Moldova 88.24 compare
- 8 Saudi Arabia 88.24 compare
- 8 Slovenia 88.24 compare
- 8 Taiwan 88.24 compare
- 8 Tajikistan 88.24 compare
- 8 Togo 88.24 compare
- 8 Tunisia 88.24 compare
- 8 Uzbekistan 88.24 compare
- 8 Kosovo (UNSCR 1244) 88.24 compare
More private sector data for South Korea
- Merchandise trade 71.6% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 62.1% (2025)
- Merchandise imports 631.89 billion current US$ (2025)
- Commercial service imports 183.44 billion current US$ (2025)
- Food exports 1.7% (2025)
- Manufactures exports 88.0% (2025)
- Merchandise exports 709.33 billion current US$ (2025)
- Commercial service exports 149.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 13,724 current US$ per person (2025)
Frequently asked questions
- What is starting a business: procedures required - men (number) - score in South Korea?
- Starting a business: procedures required - men (number) - score in South Korea was 88.24 in 2019, according to the World Bank.
- What is the highest starting a business: procedures required - men (number) - score recorded in South Korea?
- The highest recorded value was 88.24 in 2016.
- What is the lowest starting a business: procedures required - men (number) - score recorded in South Korea?
- The lowest recorded value was 47.06 in 2003.
- How does South Korea rank for starting a business: procedures required - men (number) - score?
- South Korea ranks 8th out of 191 countries with data for 2019.
- Is starting a business: procedures required - men (number) - score rising or falling in South Korea?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from the World Bank, published as part of Starting a business: Procedures required - Men (number) - Score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The score for the number of procedures for men benchmarks economies with respect to the regulatory best practice on the indicator. The score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.