Starting a business: Procedures required - Women (number) in South Korea
South Korea: Starting a business: Procedures required - Women was 3 number in 2019. ▼ Falling
Starting a business: Procedures required - Women in South Korea, 2003–2019
Source: World Bank. Measured in number.
Analysis
South Korea recorded 3 number for starting a business: procedures required - women in 2019. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 62.5% over ten years.
Over the whole period, starting a business: procedures required - women in South Korea peaked at 10 number in 2003 and was at its lowest, 3 number, in 2016.
That places South Korea 166th out of 191 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Starting a business: Procedures required - Women in South Korea, year by year
| Year | number | Change |
|---|---|---|
| 2003 | 10 number | — |
| 2004 | 10 number | +0.0% |
| 2005 | 10 number | +0.0% |
| 2006 | 10 number | +0.0% |
| 2007 | 10 number | +0.0% |
| 2008 | 10 number | +0.0% |
| 2009 | 8 number | -20.0% |
| 2010 | 8 number | +0.0% |
| 2011 | 6 number | -25.0% |
| 2012 | 4 number | -33.3% |
| 2013 | 4 number | +0.0% |
| 2014 | 4 number | +0.0% |
| 2015 | 4 number | +0.0% |
| 2016 | 3 number | -25.0% |
| 2017 | 3 number | +0.0% |
| 2018 | 3 number | +0.0% |
| 2019 | 3 number | +0.0% |
South Korea compared with similar countries
- South Korea's 3 number is below the median for high income countries, which is 5 number, 60% of the median. (62 countries reporting)
- South Korea's 3 number is below the median for East Asia & Pacific, which is 6.5 number, 46% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.71 number | 8 number | 10 number | 7 |
| 2010s | 4.2 number | 3 number | 8 number | 10 |
Countries ranked near South Korea
- 166 Armenia 3 number compare
- 166 Australia 3 number compare
- 166 Azerbaijan 3 number compare
- 166 Burkina Faso 3 number compare
- 166 Estonia 3 number compare
- 166 Finland 3 number compare
- 166 Greece 3 number compare
- 166 Ireland 3 number compare
- 166 Israel 3 number compare
- 166 Kosovo 3 number compare
- 166 Moldova 3 number compare
- 166 Slovenia 3 number compare
- 166 Taiwan 3 number compare
- 166 Tajikistan 3 number compare
- 166 Togo 3 number compare
- 166 Tunisia 3 number compare
- 166 United Arab Emirates 3 number compare
- 166 Uzbekistan 3 number compare
- 166 Kosovo (UNSCR 1244) 3 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 starting a business: procedures required - women in South Korea?
- Starting a business: procedures required - women in South Korea was 3 number in 2019, according to the World Bank.
- What is the highest starting a business: procedures required - women recorded in South Korea?
- The highest recorded value was 10 number in 2003.
- What is the lowest starting a business: procedures required - women recorded in South Korea?
- The lowest recorded value was 3 number in 2016.
- How does South Korea rank for starting a business: procedures required - women?
- South Korea ranks 166th out of 191 countries with data for 2019.
- Is starting a business: procedures required - women rising or falling in South Korea?
- Over the last ten years it is down 62.5%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from the World Bank, published as part of Starting a business: Procedures required - Women (number). 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 number of procedures for women records all the procedures required in practice for five female married entrepreneurs to start and operate a local limited liability company. A procedure is de?ned as any interaction of the company founders with external parties or spouses (if legally required). Both pre- and post-incorporation procedures that are officially required or commonly done in practice are recorded.