According to surveys conducted in 2023, Thailand had a business discontinuance rate of 6.8 percent. In comparison, South Korea's business discontinuation rate was 2.5 percent in the same year. The business discontinuation rate was defined as the percentage of individuals who had discontinued a business within the 12 months preceding the survey date.
Rate of business discontinuance in Asia in 2023, by selected country or territory
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GEM. (February 13, 2024). Rate of business discontinuance in Asia in 2023, by selected country or territory [Graph]. In Statista. Retrieved October 09, 2024, from https://www.statista.com/statistics/315599/the-rate-of-business-discontinuance-in-asia-pacific-and-south-asia/
GEM. "Rate of business discontinuance in Asia in 2023, by selected country or territory." Chart. February 13, 2024. Statista. Accessed October 09, 2024. https://www.statista.com/statistics/315599/the-rate-of-business-discontinuance-in-asia-pacific-and-south-asia/
GEM. (2024). Rate of business discontinuance in Asia in 2023, by selected country or territory. Statista. Statista Inc.. Accessed: October 09, 2024. https://www.statista.com/statistics/315599/the-rate-of-business-discontinuance-in-asia-pacific-and-south-asia/
GEM. "Rate of Business Discontinuance in Asia in 2023, by Selected Country or Territory." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/315599/the-rate-of-business-discontinuance-in-asia-pacific-and-south-asia/
GEM, Rate of business discontinuance in Asia in 2023, by selected country or territory Statista, https://www.statista.com/statistics/315599/the-rate-of-business-discontinuance-in-asia-pacific-and-south-asia/ (last visited October 09, 2024)
Rate of business discontinuance in Asia in 2023, by selected country or territory [Graph], GEM, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/315599/the-rate-of-business-discontinuance-in-asia-pacific-and-south-asia/