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, 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.

Historical dataset showing North Korea GDP by year from N/A to N/A.

The Gross Domestic Product (GDP) in South Korea was worth 1712.79 billion US dollars in 2023, according to official data from the World Bank. The GDP value of South Korea represents 1.62 percent of the world economy. This dataset provides - South Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

North Korea: Gross Domestic Product, billions of 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 0.00 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 .

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).; ;

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.

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).; ;

North Korea KP: Adjusted Savings: Mineral Depletion data was reported at 158.620 USD mn in 2016. This records an increase from the previous number of 143.773 USD mn for 2015. North Korea KP: Adjusted Savings: Mineral Depletion data is updated yearly, averaging 26.627 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 322.043 USD mn in 1988 and a record low of 2.115 USD mn in 1999. North Korea KP: Adjusted Savings: Mineral 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. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime. It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.; ; 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).; ;

In 2023, the gross domestic product (GDP) growth rate for the manufacturing sector in North Korea was about *** percent, showing the first positive growth after years of negative growth. North Korea's overall GDP growth rate was estimated at about *** 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.

North Korea KP: Adjusted Savings: Carbon Dioxide Damage data was reported at 994.074 USD mn in 2016. This records a decrease from the previous number of 1.091 USD bn for 2015. North Korea KP: Adjusted Savings: Carbon Dioxide Damage data is updated yearly, averaging 1.186 USD bn from Dec 1998 (Median) to 2016, with 19 observations. The data reached an all-time high of 1.632 USD bn in 2009 and a record low of 777.518 USD mn in 1998. North Korea KP: Adjusted Savings: Carbon Dioxide Damage 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. Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$30 per ton of CO2 (the unit damage in 2014 US dollars for CO2 emitted in 2015) times the number of tons of CO2 emitted.; ; 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).; ;

Historical dataset showing North Korea GNP by year from N/A to N/A.

North Korea: Informal economy, DGE method: 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 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.

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.

Key information about South Korea Gross National Product (GNP)

• South Korea Gross National Product (GNP) was reported at 476.417 USD bn in Jun 2025.
• This records an increase from the previous number of 437.513 USD bn for Mar 2025.
• South Korea Gross National Product (GNP) data is updated quarterly, averaging 92.329 USD bn from Mar 1960 to Jun 2025, with 262 observations.
• The data reached an all-time high of 504.355 USD bn in Dec 2021 and a record low of 554.231 USD mn in Sep 1961.

• South Korea Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• CEIC converts quarterly Gross National Product into USD. The Bank of Korea provides Gross National Product in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

The statistic shows gross domestic product (GDP) of South Korea from 1987 to 2024, with projections up until 2030. GDP or gross domestic product is the sum of all goods and services produced in a country in a year; it is a strong indicator of economic strength. In 2024, South Korea's GDP was around 1.9 trillion U.S. dollars. See global GDP for a global comparison. South Korea’s economy South Korea is doing quite well economically. It is among the leading export countries worldwide, it mainly exports electronics, automobiles and machinery. South Korea is also one of the leading import countries worldwide. Additionally, it is one of the leading countries with the largest proportion of global domestic product / GDP based on Purchasing Power Parity (PPP). Its GDP has been increasing for the last few years, while the gross domestic product / GDP growth in South Korea has not been steady but increasing since 2009. South Korea is an OECD member and a member of the G20 states. Among the latter, its GDP growth was higher than that of the United States or the European Union in 2013. South Korea is one of the fastest-growing economies worldwide. Its standard of living is also considered to be quite high, the unemployment rate, which is one key factor, has been at around 3 percent, give or take a few percentage points, for the past decade. As a comparison, the United States’ unemployment rate was almost twice, sometimes three times as high as in South Korea during the same period. As for employment, South Korea’s rate is almost the same as that of the United States or France, with more than 60 percent of employed persons in the population.

Techsalerator's News Events Data for North Korea: A Comprehensive Overview

Techsalerator's News Events Data for North Korea offers an essential resource for businesses, researchers, and media organizations. This dataset aggregates information on significant news events across North Korea, sourced from a range of media outlets, including official state media and international news agencies. It provides valuable insights for those interested in tracking trends, analyzing public sentiment, or monitoring developments in this unique political and economic environment.

Key Data Fields Event Date: Records the exact date of the news event, critical for monitoring trends over time or for businesses responding to changes in the North Korean context.

Event Title: A brief headline summarizing the event, allowing users to quickly categorize and assess news content based on its relevance to their interests.

Source: Identifies the news outlet or platform where the event was reported, helping users track credible sources and evaluate the reach and influence of the event.

Location: Provides geographic information about where the event occurred within North Korea. This is particularly valuable for regional analysis or localized research.

Event Description: Offers a detailed summary of the event, including key developments, participants, and potential impact. Researchers and businesses use this to understand the context and implications of the event.

Top 5 News Categories in North Korea Politics: Major coverage on government decisions, leadership changes, diplomatic relations, and policy shifts affecting the country.

Economy: Focuses on North Korea’s economic indicators, trade relations, and any significant developments in industry and commerce.

Social Issues: News covering public health, education, and societal changes within North Korea, including humanitarian concerns.

Sports: Highlights events and achievements in sports, including international competitions and national sporting activities.

Technology and Innovation: Reports on technological advancements, innovations, and their impact on North Korea’s limited tech ecosystem.

Top 5 News Sources in North Korea Korean Central News Agency (KCNA): The state-run news agency providing official information on political events, government policies, and international relations.

Rodong Sinmun: The official newspaper of the Workers' Party of Korea, offering in-depth coverage of political events and party activities.

The Pyongyang Times: An English-language newspaper that reports on North Korean developments and international relations from a state perspective.

Chosun Sinbo: A publication based in Japan but with strong ties to North Korean state media, covering North Korean and international news.

South Korean and International News Agencies: These include sources like Yonhap News Agency and Reuters, providing external perspectives on North Korean news.

Accessing Techsalerator’s News Events Data for North Korea To access Techsalerator’s News Events Data for North Korea, please contact info@techsalerator.com with your specific needs. We will provide a customized quote based on the data fields and records you require, with delivery available within 24 hours. Ongoing access options can also be discussed.

Included Data Fields Event Date Event Title Source Location Event Description Event Category (Politics, Economy, Sports, etc.) Participants (if applicable) Event Impact (Social, Economic, etc.)

Techsalerator’s dataset is an invaluable tool for monitoring significant events in North Korea. It supports informed decision-making, whether for strategic planning, research, or analysis, offering a comprehensive view of the country's news landscape.