Starting a business: Time - Men (days) - Score in South Korea
South Korea: Starting a business: Time - Men (days) - Score was 92.46 in 2019. ▲ Rising
Starting a business: Time - Men (days) - Score in South Korea, 2003–2019
Source: World Bank.
Analysis
South Korea recorded 92.46 for starting a business: time - men (days) - score in 2019. That is the highest value across all 17 years on record.
The figure is up 7.0% over ten years.
Over the whole period, starting a business: time - men (days) - score in South Korea peaked at 92.46 in 2012 and was at its lowest, 83.42, in 2003.
South Korea ranks 54th of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Starting a business: Time - Men (days) - Score in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 83.42 | — |
| 2004 | 83.42 | +0.0% |
| 2005 | 83.42 | +0.0% |
| 2006 | 83.42 | +0.0% |
| 2007 | 83.42 | +0.0% |
| 2008 | 83.42 | +0.0% |
| 2009 | 86.43 | +3.6% |
| 2010 | 86.43 | +0.0% |
| 2011 | 91.46 | +5.8% |
| 2012 | 92.46 | +1.1% |
| 2013 | 92.46 | +0.0% |
| 2014 | 92.46 | +0.0% |
| 2015 | 92.46 | +0.0% |
| 2016 | 92.46 | +0.0% |
| 2017 | 92.46 | +0.0% |
| 2018 | 92.46 | +0.0% |
| 2019 | 92.46 | +0.0% |
South Korea compared with similar countries
- South Korea's 92.46 is above the median for high income countries, which is 92.21, 1.0× the median. (62 countries reporting)
- South Korea's 92.46 is above the median for East Asia & Pacific, which is 87.62, 1.1× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 83.85 | 83.42 | 86.43 | 7 |
| 2010s | 91.76 | 86.43 | 92.46 | 10 |
Countries ranked near South Korea
- 52 Nigeria 93.24 compare
- 53 Sweden 92.96 compare
- 54 Afghanistan 92.46 compare
- 54 Bahrain 92.46 compare
- 54 Benin 92.46 compare
- 54 Gambia 92.46 compare
- 54 Germany 92.46 compare
- 54 Guinea-Bissau 92.46 compare
- 54 Madagascar 92.46 compare
- 54 Sierra Leone 92.46 compare
- 54 Slovenia 92.46 compare
- 54 Sri Lanka 92.46 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: time - men (days) - score in South Korea?
- Starting a business: time - men (days) - score in South Korea was 92.46 in 2019, according to the World Bank.
- What is the highest starting a business: time - men (days) - score recorded in South Korea?
- The highest recorded value was 92.46 in 2012.
- What is the lowest starting a business: time - men (days) - score recorded in South Korea?
- The lowest recorded value was 83.42 in 2003.
- How does South Korea rank for starting a business: time - men (days) - score?
- South Korea ranks 54th out of 191 countries with data for 2019.
- Is starting a business: time - men (days) - score rising or falling in South Korea?
- Over the last ten years it is up 7.0%. 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: Time - Men (days) - 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 time for men benchmarks economies with respect to the regulatory best practice on the indicator. The score ranges from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.