Biz-friendly Environment
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- Biz-friendly Environment
Seamless and Affordable Electric Supply
The result highlights that electricity is supplied through a fast and simple process at an affordable price
International Energy Agency (IEA) said Korea’s average cost of utilities per person (tax included: 8.28 pence/ KWh) is 2nd the lowest of 28 OECD members as of 2020.
Energy prices in Korea remains merely half the OECD average and 25% of that in Denmark (tax included: 33.06 pence/ KWh) which tops in the global energy price index.
Ranking | 1 | 2 | 3 | 4 | 5 |
---|---|---|---|---|---|
Country | UAE | Korea | Hong Kong | Malaysia | Germany |
Stable Water Supply
Korea’s water supply bill is 44.7% of that of the overall average of major countries around the world. For example, the water supply bill in Japan is 1.7 times, US is 3 times, and Denmark is 5.3 times than that of Korea.
Country | Korea | Italy | Japan | USA | France | UK | Germany | Denmark |
---|---|---|---|---|---|---|---|---|
Bill | 739 | 962 | 1,251 | 2,250 | 2,430 | 2,767 | 3,284 | 3,910 |
※ Source: Global Water Intelligence (Global water survey firm)
Active Application for Intellectual Property Rights
Ranking |
Industrial Property Rights Applications from Major Countries (2020(tentative), Unit: Case) |
PCT International Patent Applications from Major Countries (2020, Unit: Case) |
Number of Applications per Million Korean Citizens (2019) |
|||
---|---|---|---|---|---|---|
1 | Germany | 3,666 | China | 68,720 | Korea | 3,319 |
2 | USA | 2,214 | USA | 59,230 | Japan | 1,943 |
3 | Switzerland | 1,949 | Japan | 50,520 | Switzerland | 1,122 |
4 | Korea | 1,669 | Korea | 20,060 | China | 890 |
5 | Italy | 1,231 | Germany | 18,643 | Germany | 884 |
Status | Patent and Utility Model Registry | Trademark Model Registry | Design Model Registry |
---|---|---|---|
USA | 16.3 | 13.3 | 2.7 |
Japan | 10.4 | 4.9 | 5.0 |
Korea | 10.3 | 5.5 | 4.9 |