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.

The Gross Domestic Product (GDP) in North Korea expanded 3.70 percent in the fourth quarter of 2024 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, 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.

Historical dataset showing North Korea trade to gdp ratio by year from N/A to N/A.

In 2023, North Korea's GDP growth rate reached approximately *** percent, marking the first positive growth after a period of decline during the COVID-19 pandemic. Following increased international sanctions in 2017, North Korea's economy mostly experienced negative growth.

North Korea: Gross Domestic Product, billions of 2015 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 .

GDP from Services in North Korea increased to 12161.90 KPW Billion in 2024 from 12001.40 KPW Billion in 2023. This dataset provides - North Korea Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

North Korea: GDP per capita, constant dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0.00 U.S. dollars, based on data from countries. Historically, the average for North Korea from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .

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 September of 2025.

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.

GDP from Transport in North Korea increased to 507.40 KPW Billion in 2024 from 490.30 KPW Billion in 2023. This dataset provides - North Korea Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

North Korea: Fiscal balance, 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 .

North Korea: Capital investment 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 .

Historical dataset showing North Korea debt to gdp ratio by year from N/A to N/A.

North Korea KP:(GDP) Gross Domestic Productper Person Employed: 2011 PPP data was reported at 2,752.026 Intl $ in 2017. This records an increase from the previous number of 2,720.361 Intl $ for 2016. North Korea KP:(GDP) Gross Domestic Productper Person Employed: 2011 PPP data is updated yearly, averaging 2,752.026 Intl $ from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 3,905.480 Intl $ in 1991 and a record low of 2,558.657 Intl $ in 1998. North Korea KP:(GDP) Gross Domestic Productper Person Employed: 2011 PPP 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: Employment and Unemployment. GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2011 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.

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).; ;

GDP from Construction in North Korea increased to 4389.90 KPW Billion in 2024 from 3910.10 KPW Billion in 2023. This dataset provides - North Korea Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

North Korea KP: Adjusted Savings: Net Forest Depletion data was reported at 0.000 USD mn in 2016. This stayed constant from the previous number of 0.000 USD mn for 2015. North Korea KP: Adjusted Savings: Net Forest Depletion data is updated yearly, averaging 0.000 USD mn from Dec 1970 (Median) to 2016, with 47 observations. North Korea KP: Adjusted Savings: Net Forest 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. Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth.; ; 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).; ;

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 .