South Korea: Railroad infrastructure quality
(measure: points; Source: World Economic Forum)
* indicates monthly or quarterly data series
South Korea: Quality of railroad infrastructure, 1(low) - 7(high): For that indicator, World Economic Forum provides data for South Korea from 2009 to 2015. The average value for South Korea during that period was 5.64 points with a minumum of 5.55 points in 2015 and a maximum of 5.69 points in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.
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.