Business exit reasons in South Korea 2018

This statistic displays the results of a survey asking South Korean entrepreneurs about the reasons for business exit in 2018. During the survey period, 39.5 percent of respondents replied that they discontinued their own businesses due to unprofitability.

Reasons for South Korean entrepreneurs to discontinue their own businesses in 2018

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Source

Release date

January 2019

Region

South Korea

Survey time period

2018

Number of respondents

2,000+ adults

Age group

18-64 years

Special properties

Based on 2018 GEM adult population survey

Method of interview

Questionnaire

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Statistics on "Startup ecosystem in South Korea "

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