A record number of nations are set to participate in speed skating at Pyeongchang 2018 ©Getty Images

A record 27 nations are set to participate in speed skating at the 2018 Winter Olympic Games in Pyeongchang, the International Skating Union (ISU) has announced.

The worldwide governing body has confirmed the quota places allocated to each country following the conclusion of the Speed Skating World Cup qualification period.

Colombia are in line to make their debut in the sport at Pyeongchang 2018.

Former inline skater Pedro Causil managed to win a spot for Colombia in the men’s 500 metres and 1000m.

Yu-Ting Huang clinched a women's quota over 500m, 1000m and 1500m for Chinese Taipei, who made their speed skating debut at Sochi 2014.

Ching-Yang Sung also secured a place for Chinese Taipei in the men's 500m event.

Estonia have claimed their first women's berth thanks to Saskia Alusalu.

The announcement from the ISU comes after the conclusion of the Speed Skating World Cup qualification period ©ISU
The announcement from the ISU comes after the conclusion of the Speed Skating World Cup qualification period ©ISU

Pyeongchang 2018 will be only the third time the European nation has participated in speed skating at the Winter Olympics.

Speed skating powerhouses The Netherlands are the only country to have claimed the maximum number of 17 places in both the men's and women's competitions.

Canada and Japan also took 17 spots in the women's events. 

It is not yet known how many Russian athletes - who will compete as neutrals as part of an "Olympic Athletes from Russia" team - will take part in speed skating.

The International Olympic Committee is yet to confirm the criteria athletes from the country must meet in order to participate at Pyeongchang 2018.

Speed skating at the Games in the South Korean resort, due to run from February 9 to 25, will be held at the Gangneung Olympic Oval.