Business insolvencies in South Korea have been trending downwards over the last decade, dropping to 292 cases in 2020. This compares to 2,294 insolvencies in 2007, prior to the financial crisis of 2008-09.
Total number of business insolvencies in South Korea from 1990 to 2020
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Statistics Korea. (July 15, 2021). Total number of business insolvencies in South Korea from 1990 to 2020 [Graph]. In Statista. Retrieved May 17, 2022, from https://www.statista.com/statistics/1116793/number-business-insolvencies-south-korea/
Statistics Korea. "Total number of business insolvencies in South Korea from 1990 to 2020." Chart. July 15, 2021. Statista. Accessed May 17, 2022. https://www.statista.com/statistics/1116793/number-business-insolvencies-south-korea/
Statistics Korea. (2021). Total number of business insolvencies in South Korea from 1990 to 2020. Statista. Statista Inc.. Accessed: May 17, 2022. https://www.statista.com/statistics/1116793/number-business-insolvencies-south-korea/
Statistics Korea. "Total Number of Business Insolvencies in South Korea from 1990 to 2020." Statista, Statista Inc., 15 Jul 2021, https://www.statista.com/statistics/1116793/number-business-insolvencies-south-korea/
Statistics Korea, Total number of business insolvencies in South Korea from 1990 to 2020 Statista, https://www.statista.com/statistics/1116793/number-business-insolvencies-south-korea/ (last visited May 17, 2022)