Korea Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient

2007 - 2017 | Yearly | NA | World Bank

Korea Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient data was reported at 4.600 NA in 2017. This records an increase from the previous number of 4.500 NA for 2016. Korea Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient data is updated yearly, averaging 4.500 NA from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 5.885 NA in 2007 and a record low of 4.400 NA in 2014. Korea Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Transportation. Burden of Customs Procedure measures business executives' perceptions of their country's efficiency of customs procedures. The rating ranges from 1 to 7, with a higher score indicating greater efficiency. Data are from the World Economic Forum's Executive Opinion Survey, conducted for 30 years in collaboration with 150 partner institutes. The 2009 round included more than 13,000 respondents from 133 countries. Sampling follows a dual stratification based on company size and the sector of activity. Data are collected online or through in-person interviews. Responses are aggregated using sector-weighted averaging. The data for the latest year are combined with the data for the previous year to create a two-year moving average. Respondents evaluated the efficiency of customs procedures in their country. The lowest score (1) rates the customs procedure as extremely inefficient, and the highest score (7) as extremely efficient.; ; World Economic Forum, Global Competiveness Report and data files.; Unweighted average;

View South Korea's Korea Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient from 2007 to 2017 in the chart:

South Korea Korea Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient

What was South Korea's Korea Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extremely Efficient in 2017?

Last Previous Min Max Unit Frequency Range
4.60 2017 4.50 2016 4.40 2014 5.89 2007 NA yearly 2007 - 2017

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South Korea Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 70,250.328 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 41,380.693 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.340 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 2.8 Jun 2025 quarterly Mar 1961 - Jun 2025
GDP per Capita (USD) 36,222.600 2024 yearly 1953 - 2024
Gross Fixed Capital Formation (USD mn) 137,346.387 Sep 2025 quarterly Mar 1960 - Sep 2025
Gross National Product (GNP) (USD mn) 493,487.155 Sep 2025 quarterly Mar 1960 - Sep 2025
Gross Savings Rate (%) 35.2 Jun 2025 quarterly Mar 1970 - Jun 2025
Investment: % of GDP (%) 29.6 Sep 2025 quarterly Mar 1960 - Sep 2025
Nominal GDP (USD mn) 471,908.5 Jun 2025 quarterly Mar 1960 - Jun 2025
Nominal GDP Growth (%) 4.620 Sep 2025 quarterly Mar 1961 - Sep 2025
Private Consumption Expenditure (USD mn) 232,348.019 Sep 2025 quarterly Mar 1960 - Sep 2025
Private Consumption: % of GDP (%) 48.2 Sep 2025 quarterly Mar 1960 - Sep 2025
Public Consumption Expenditure (USD mn) 85,154.809 Sep 2025 quarterly Mar 1960 - Sep 2025
Public Consumption: % of GDP (%) 17.0 Sep 2025 quarterly Mar 1960 - Sep 2025
Real GDP Growth (%) 1.7 Sep 2025 quarterly Mar 1961 - Sep 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 85.224 Sep 2025 quarterly Mar 1960 - Sep 2025
Production Last Frequency Range
Gold Production (kg) 43.000 2023 yearly 1990 - 2023
Industrial Production Index Growth (%) -2.8 Oct 2025 monthly Jan 1958 - Oct 2025
Minerals Production (Metric Ton) 5,074,593.000 2023 yearly 2009 - 2023
Motor Vehicle Production (Unit) 4,127,251.000 2024 yearly 1997 - 2024
Silver Production (Metric Ton) 2.322 2023 yearly 1986 - 2023
Construction and Properties Last Frequency Range
Building Permits (Unit) 8,871.000 Oct 2025 monthly Oct 1979 - Oct 2025
House Prices Growth (%) 0.7 Nov 2025 monthly Jan 1987 - Nov 2025
Nominal Residential Property Price Index (2010=100) 142.394 Jun 2025 quarterly Mar 1975 - Jun 2025
Nominal Residential Property Price Index Growth (%) 0.108 Jun 2025 quarterly Mar 1976 - Jun 2025
Real Residential Property Price Index (2010=100) 105.734 Jun 2025 quarterly Mar 1975 - Jun 2025
Real Residential Property Price Index Growth (%) -1.903 Jun 2025 quarterly Mar 1976 - Jun 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.1 Sep 2025 quarterly Jun 2000 - Sep 2025
Forecast: Government Expenditure (KRW bn) 768,475.754 2030 yearly 1995 - 2030
Forecast: Government Net Debt (KRW bn) 2,010,487.869 2030 yearly 1990 - 2030
Forecast: Government Revenue (KRW bn) 736,053.817 2030 yearly 1995 - 2030
Government Debt: % of GDP (%) 47.0 Jun 2025 quarterly Sep 2002 - Jun 2025
National Government Debt (USD mn) 896,321.5 Sep 2025 quarterly Sep 2002 - Sep 2025
Tax Revenue (USD mn) 28,881.029 Oct 2025 monthly Jan 2000 - Oct 2025
Consolidated Fiscal Balance (USD mn) -7,001.194 Sep 2025 monthly Jul 1999 - Sep 2025
Tax Revenue: % of GDP (%) 14.8 Sep 2025 quarterly Mar 2000 - Sep 2025
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 28,782,000.000 Oct 2025 monthly Jan 1983 - Oct 2025
Forecast: Employment (Person mn) 28.727 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 51.305 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 2.800 2030 yearly 1980 - 2030
Labour Force Participation Rate (%) 64.8 Oct 2025 monthly Jun 1999 - Oct 2025
Labour Productivity Growth (%) 1.07 Sep 2025 quarterly Sep 1983 - Sep 2025
Monthly Earnings (USD) 3,110 Sep 2025 monthly Jan 2008 - Sep 2025
Population (Person mn) 51.8 2024 yearly 1956 - 2024
Unemployment Rate (%) 2.60 Oct 2025 monthly Jun 1999 - Oct 2025

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