In 2019, the share of new businesses still in operation after five years in South Korea was about ** percent, while the survival rate of new businesses in OECD countries averaged nearly ** percent. About two-thirds of South Korean startups closed their businesses after five years.
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Gyeonggi Northern Chamber of Commerce and Industry. (March 2, 2021). Survival rate of new businesses in South Korea compared to other OECD nations in 2019, by years of operation [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1323672/south-korea-survival-rate-of-businesses-compared-to-oecd-by-age/
Gyeonggi Northern Chamber of Commerce and Industry. "Survival rate of new businesses in South Korea compared to other OECD nations in 2019, by years of operation." Chart. March 2, 2021. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1323672/south-korea-survival-rate-of-businesses-compared-to-oecd-by-age/
Gyeonggi Northern Chamber of Commerce and Industry. (2021). Survival rate of new businesses in South Korea compared to other OECD nations in 2019, by years of operation. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1323672/south-korea-survival-rate-of-businesses-compared-to-oecd-by-age/
Gyeonggi Northern Chamber of Commerce and Industry. "Survival Rate of New Businesses in South Korea Compared to Other Oecd Nations in 2019, by Years of Operation." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 2 Mar 2021, /statistics/1323672/south-korea-survival-rate-of-businesses-compared-to-oecd-by-age/
Gyeonggi Northern Chamber of Commerce and Industry, Survival rate of new businesses in South Korea compared to other OECD nations in 2019, by years of operation ÌÇÐÄÆƽâ°æ, /statistics/1323672/south-korea-survival-rate-of-businesses-compared-to-oecd-by-age/ (last visited August 01, 2026)
Survival rate of new businesses in South Korea compared to other OECD nations in 2019, by years of operation [Graph], Gyeonggi Northern Chamber of Commerce and Industry, March 2, 2021. [Online]. Available: /statistics/1323672/south-korea-survival-rate-of-businesses-compared-to-oecd-by-age/
