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.

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

The gross domestic product (GDP) per capita in South Korea stood at 36,240 U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by 34,500 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP per capita will rise by 8,020 U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

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.

In 2023, South Korea's gross national income (GNI) per capita was approximately ***** million South Korean won, while North Korea's GNI per capita was about **** million won. South Korea's GNI per capita was almost ** times higher than that of North Korea.

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 .

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.

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.

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.

In 2024, North Korea's military spending accounted for over 34.38 percent of its gross domestic product (GDP), ranking it first among countries with the highest share of military expenditure in GDP. Additionally, North Korea had the highest military expenditure per capita among these countries.

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.

The average for 2023 based on 28 countries was 0.33 metric tons of carbon dioxide equivalent per capita. The highest value was in North Korea: 2.43 metric tons of carbon dioxide equivalent per capita and the lowest value was in Democratic Republic of the Congo: 0.04 metric tons of carbon dioxide equivalent per capita. The indicator is available from 1970 to 2023. Below is a chart for all countries where data are available.

The Centre for the Study of Public Policy (CSPP) has conducted a series of Barometer surveys in Eastern Europe to gauge mass response to democratization. This project extends this research to the Republic of Korea. Because democratization has become a global phenomenon in the past two decades along with economic liberalization and marketization, this raises fundamental questions about the primacy of universalist theories of change. Much attention has focused on Post-Communist European countries (PCE) experiencing the double transformation to democracy and a market economy and comparisons with prior, albeit less radical changes in Southern Europe and Latin America. The Republic of Korea can add to our understanding of worldwide change, for it has experienced rapid economic success in the global economy, and subsequent rapid democratization and then economic crisis.
While no country is 'typically' Asian, the Republic of Korea has an indubitable status as an Asian country - many centuries of history as an independent state, a Confucian and Buddhist tradition, and in its location between Japan and China in a non-geographical as well as a geographical sense. Korea began industrialization and entry into the global economy after Japan, but it has been spectacularly successful up to the 1997 economic crisis, becoming a member of OECD with a GDP per capita higher than any PCE country. It is a new democracy, as a military dictatorship ruled for decades before democratization began in the mid-1980s, and the first opposition candidate won a presidential election in 1997. Korea has parallels with Germany before 1990, as its neighbour North Korea still has an unreconstructed Communist regime.
This survey is the sixth in a series of New Korea Barometer surveys, which have been conducted by Professor Doh Chull Shin since 1988. The previous five surveys are not held at the Data Archive. More information about the survey series may be found on the CSPP website at http://www.cspp.strath.ac.uk/.

KP：雇员的人均国内生产总值（GDP）：2011年购买力平价在12-01-2017达2,752.026Intl $，相较于12-01-2016的2,720.361Intl $有所增长。KP：雇员的人均国内生产总值（GDP）：2011年购买力平价数据按年更新，12-01-1991至12-01-2017期间平均值为2,752.026Intl $，共27份观测结果。该数据的历史最高值出现于12-01-1991，达3,905.480Intl $，而历史最低值则出现于12-01-1998，为2,558.657Intl $。CEIC提供的KP：雇员的人均国内生产总值（GDP）：2011年购买力平价数据处于定期更新的状态，数据来源于World Bank，数据归类于Global Database的朝鲜 – 表 KP.世界银行：就业和失业。