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The Gross Domestic Product (GDP) in North Korea was worth 18 billion US dollars in 2019, according to official data from the World Bank. The GDP value of North Korea represents 0.02 percent of the world economy. This dataset provides - North Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2023, South Korea's nominal gross domestic product (GDP) reached approximately ***** trillion South Korean won, while North Korea's amounted to about **** trillion South Korean won. Consequently, South Korea's nominal GDP was approximately ** times larger than that of North Korea during that year. Moreover, North Korea's GDP growth has been notably slower than that of South Korea.North Korea's economic development North Korea's economy is centered around its capital city and military, with particular emphasis on the expansion of its nuclear capabilities in recent decades. Roughly ** percent of foreign trade has been with China in the past decade, from which it imports mainly intermediate goods and raw materials. Food shortages, exacerbated by the COVID-19 pandemic, are a recurring issue for North Korea, as poor harvests, international sanctions, and a downturn in inter-Korean trade have created sourcing problems. The full extent of this issue remains unknown, but it is estimated that almost **** the population is undernourished. Kaesong Industrial ComplexThe Kaesong Industrial Complex project began in 2000 and was a crucial part of South Korea's efforts to improve relations with North Korea. It aimed to foster cooperation between the two Koreas and promote stability in the region. The industrial park, located in Kaesong, North Korea, was intended to provide a platform for small and medium-sized South Korean companies. South Korea would provide the necessary capital and infrastructure, while North Korean workers would be tasked with manufacturing products, aiming to stimulate economic growth on both sides of the border. Unfortunately, the complex was affected by tensions between the two Koreas and shut down in 2016. It has not been reopened since.
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The Gross Domestic Product (GDP) in North Korea expanded 3.10 percent in the fourth quarter of 2023 over the same quarter of the previous year. This dataset provides - North Korea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2023, South Korea's gross domestic product (GDP) grew by about *** percent compared to the previous year. North Korea's GDP growth rate stood at about *** percent that year, achieving positive growth for the first time after experiencing a period of negative growth during the COVID-19 pandemic.
In 2023, it was estimated that government services accounted for approximately ** percent of North Korea's nominal gross domestic product (GDP), followed by agriculture, forestry, and fishing. According to the source, North Korea's real GDP experienced a year-on-year increase of about *** percent.
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GDP from Mining in North Korea increased to 2823.70 KPW Billion in 2023 from 2751.40 KPW Billion in 2022. This dataset provides - North Korea Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2023, the contribution of government services to North Korea's real gross domestic product (GDP) was estimated at about *** trillion South Korean won. The GDP of agriculture, forestry, and fishing was estimated at approximately *** trillion won.
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Historical chart and dataset showing North Korea gdp growth rate by year from N/A to N/A.
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GDP from Agriculture in North Korea increased to 7216 KPW Billion in 2023 from 7146.70 KPW Billion in 2022. This dataset provides - North Korea Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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North Korea: Gross Domestic Product, billions of 2010 U.S. dollars: The latest value from is billion U.S. dollars, unavailable from billion U.S. dollars in . In comparison, the world average is 0.0 billion U.S. dollars, based on data from countries. Historically, the average for North Korea from to is billion U.S. dollars. The minimum value, billion U.S. dollars, was reached in while the maximum of billion U.S. dollars was recorded in .
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North Korea: Research and development expenditure, percent of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for North Korea from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .
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<ul style='margin-top:20px;'>
<li>North Korea GDP for was <strong>$0.00</strong>, a <strong>0% increase</strong> from .</li>
<li>North Korea GDP for was <strong>$0.00</strong>, a <strong>0% increase</strong> from .</li>
<li>North Korea GDP for was <strong>$0.00</strong>, a <strong>0% increase</strong> from .</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
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GDP from Public Administration in North Korea increased to 8337.30 KPW Billion in 2023 from 8279.50 KPW Billion in 2022. This dataset provides - North Korea Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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GDP from Transport in North Korea increased to 386.10 KPW Billion in 2022 from 327.70 KPW Billion in 2021. This dataset provides - North Korea Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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North Korea: Value added in the agricultural sector as percent of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for North Korea from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .
In 2023, the gross domestic product (GDP) growth rate for the manufacturing sector in North Korea was about 5.9 percent, showing the first positive growth after years of negative growth. North Korea's overall GDP growth rate was estimated at about 3.1 percent that year. Overall, North Korea's economy has been mainly experiencing negative growth, particularly after increased international sanctions in 2017 and the following COVID-19 pandemic.
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North Korea KP: Adjusted Savings: Energy Depletion data was reported at 293.225 USD mn in 2016. This records an increase from the previous number of 204.494 USD mn for 2015. North Korea KP: Adjusted Savings: Energy Depletion data is updated yearly, averaging 223.396 USD mn from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 1.680 USD bn in 2008 and a record low of 4.755 USD mn in 1971. North Korea KP: Adjusted Savings: Energy Depletion data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s North Korea – Table KP.World Bank.WDI: Gross Domestic Product: Nominal. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime. It covers coal, crude oil, and natural gas.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; ;
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GDP per person employed (constant 2017 PPP $) in North Korea was reported at 2745 USD in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. North Korea - GDP per person employed (constant 1990 PPP $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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GDP from Services in North Korea increased to 11096.20 KPW Billion in 2023 from 10912.10 KPW Billion in 2022. This dataset provides - North Korea Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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<ul style='margin-top:20px;'>
<li>North Korea trade to gdp ratio for was <strong>0.00%</strong>, a <strong>0% increase</strong> from .</li>
<li>North Korea trade to gdp ratio for was <strong>0.00%</strong>, a <strong>0% increase</strong> from .</li>
<li>North Korea trade to gdp ratio for was <strong>0.00%</strong>, a <strong>0% increase</strong> from .</li>
</ul>Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
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The Gross Domestic Product (GDP) in North Korea was worth 18 billion US dollars in 2019, according to official data from the World Bank. The GDP value of North Korea represents 0.02 percent of the world economy. This dataset provides - North Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.