South Korea: Cost of starting a business
(measure: percent of per capita GNI; Source: The World Bank)
* indicates monthly or quarterly data series
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South Korea: Cost of starting a business, % of income per capita: For that indicator, The World Bank provides data for South Korea from 2003 to 2018. The average value for South Korea during that period was 15.5 percent of per capita GNI with a minumum of 14.5 percent of per capita GNI in 2014 and a maximum of 18.4 percent of per capita GNI in 2003. See the global rankings for that indicator or use the country comparator to compare trends over time.
Definition: The indicator includes all official fees and fees for legal or professional services if such services are required by law. The company law, the commercial code, and specific regulations and fee schedules are used as sources for calculating costs. The indicator excludes bribes.