
South Korea: Railroad infrastructure quality
* indicates monthly or quarterly data series
South Korea |
Quality of railroad infrastructure, 1(low) - 7(high) |
---|---|
Latest value | 5.9 |
Reference | 2019 |
Measure | points |
Source | World Economic Forum |
For that indicator, we provide data for South Korea from 2009 to 2019. The average value for South Korea during that period was 5.68 points with a minimum of 5.5 points in 2016 and a maximum of 5.9 points in 2018.
The latest value from 2019 is 5.9 points. For comparison, the world average in 2019 based on 101
countries is 3.61 points.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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Definition: The Quality of railroad infrastrucutre indicator is one of the components of the Global Competitiveness Index published annually by the World Economic Forum (WEF). It represents an assessment of the quality of the railroad system in a given country based on data from the WEF Executive Opinion Survey, a long-running and extensive survey tapping the opinions of over 14,000 business leaders in 144 countries. The score for railroad infrastrucutre quality is based on only one question. The respondents are asked to rate the railroads in their country of operation on a scale from 1 (underdeveloped) to 7 (extensive and efficient by international standards). The individual responses are aggregated to produce a country score.