In 2023, a total of 189 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 2023
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Statistics Korea. (May 30, 2024). Total number of business insolvencies in South Korea from 1990 to 2023 [Graph]. In Statista. Retrieved December 30, 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 2023." Chart. May 30, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1116793/number-business-insolvencies-south-korea/
Statistics Korea. (2024). Total number of business insolvencies in South Korea from 1990 to 2023. Statista. Statista Inc.. Accessed: December 30, 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 2023." Statista, Statista Inc., 30 May 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 2023 Statista, https://www.statista.com/statistics/1116793/number-business-insolvencies-south-korea/ (last visited December 30, 2024)
Total number of business insolvencies in South Korea from 1990 to 2023 [Graph], Statistics Korea, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/1116793/number-business-insolvencies-south-korea/
