In 2023, the efficiency regarding border control and customs of South Korea's logistics industry was ranked 7th best in the world by the World Bank's Logistics Performance Index (LPI). That year, the country's overall LPI ranking was among the top twenty out of 139 measured countries.
Global ranking of South Korea's logistics industry based on the World Bank logistics performance index (LPI) in 2023, by indicator
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Global ranking of South Korea's logistics industry based on the World Bank logistics performance index (LPI) in 2023, by indicator
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The World Bank releases the logistics performance index (LPI), which compares 139 countries around the world in terms of logistics competitiveness. The LPI is the weighted average of six components:
1) efficiency of the clearance process including customs
2) trade quality and logistics infrastructure
3) ease of arranging international shipments
4) logistics competence
5) tracking and tracing of consignments
6) timeliness of delivery
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World Bank. (April 21, 2023). Global ranking of South Korea's logistics industry based on the World Bank logistics performance index (LPI) in 2023, by indicator [Graph]. In Statista. Retrieved April 06, 2025, from https://www.statista.com/statistics/892777/south-korea-logistics-industry-world-bank-lpi-global-ranking-by-indicator/
World Bank. "Global ranking of South Korea's logistics industry based on the World Bank logistics performance index (LPI) in 2023, by indicator." Chart. April 21, 2023. Statista. Accessed April 06, 2025. https://www.statista.com/statistics/892777/south-korea-logistics-industry-world-bank-lpi-global-ranking-by-indicator/
World Bank. (2023). Global ranking of South Korea's logistics industry based on the World Bank logistics performance index (LPI) in 2023, by indicator. Statista. Statista Inc.. Accessed: April 06, 2025. https://www.statista.com/statistics/892777/south-korea-logistics-industry-world-bank-lpi-global-ranking-by-indicator/
World Bank. "Global Ranking of South Korea's Logistics Industry Based on The World Bank Logistics Performance Index (Lpi) in 2023, by Indicator." Statista, Statista Inc., 21 Apr 2023, https://www.statista.com/statistics/892777/south-korea-logistics-industry-world-bank-lpi-global-ranking-by-indicator/
World Bank, Global ranking of South Korea's logistics industry based on the World Bank logistics performance index (LPI) in 2023, by indicator Statista, https://www.statista.com/statistics/892777/south-korea-logistics-industry-world-bank-lpi-global-ranking-by-indicator/ (last visited April 06, 2025)
Global ranking of South Korea's logistics industry based on the World Bank logistics performance index (LPI) in 2023, by indicator [Graph], World Bank, April 21, 2023. [Online]. Available: https://www.statista.com/statistics/892777/south-korea-logistics-industry-world-bank-lpi-global-ranking-by-indicator/
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