In 2022, a total of 149 businesses declared insolvency in South Korea. Business insolvencies in the country have been trending downwards over the last decade, first falling below one thousand in 2014.
Total number of business insolvencies in South Korea from 1990 to 2022
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Statistics Korea. (November 28, 2023). Total number of business insolvencies in South Korea from 1990 to 2022 [Graph]. In Statista. Retrieved May 02, 2024, 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 2022." Chart. November 28, 2023. Statista. Accessed May 02, 2024. https://www.statista.com/statistics/1116793/number-business-insolvencies-south-korea/
Statistics Korea. (2023). Total number of business insolvencies in South Korea from 1990 to 2022. Statista. Statista Inc.. Accessed: May 02, 2024. https://www.statista.com/statistics/1116793/number-business-insolvencies-south-korea/
Statistics Korea. "Total Number of Business Insolvencies in South Korea from 1990 to 2022." Statista, Statista Inc., 28 Nov 2023, https://www.statista.com/statistics/1116793/number-business-insolvencies-south-korea/
Statistics Korea, Total number of business insolvencies in South Korea from 1990 to 2022 Statista, https://www.statista.com/statistics/1116793/number-business-insolvencies-south-korea/ (last visited May 02, 2024)
Total number of business insolvencies in South Korea from 1990 to 2022 [Graph], Statistics Korea, November 28, 2023. [Online]. Available: https://www.statista.com/statistics/1116793/number-business-insolvencies-south-korea/