Korea - Time required to enforce a contract

Time required to enforce a contract (days)

Time required to enforce a contract (days) in Korea was 290.00 as of 2019. Its highest value over the past 16 years was 290.00 in 2019, while its lowest value was 230.00 in 2003.

Definition: Time required to enforce a contract is the number of calendar days from the filing of the lawsuit in court until the final determination and, in appropriate cases, payment.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2003 230.00
2004 230.00
2005 230.00
2006 230.00
2007 230.00
2008 230.00
2009 230.00
2010 230.00
2011 230.00
2012 290.00
2013 290.00
2014 290.00
2015 290.00
2016 290.00
2017 290.00
2018 290.00
2019 290.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment