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.

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.

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.

Actual value and historical data chart for North Korea GDP Per Person Employed Constant 1990 Ppp $

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: Exports: High-Income Economies: % of Total Goods Exports data was reported at 1.472 % in 2016. This records a decrease from the previous number of 3.714 % for 2015. North Korea KP: Exports: High-Income Economies: % of Total Goods Exports data is updated yearly, averaging 44.586 % from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 61.220 % in 1995 and a record low of 1.472 % in 2016. North Korea KP: Exports: High-Income Economies: % of Total Goods Exports 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: Exports. Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

North Korea KP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Within Region data was reported at 88.850 % in 2016. This records an increase from the previous number of 81.534 % for 2015. North Korea KP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Within Region data is updated yearly, averaging 36.426 % from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 88.850 % in 2016 and a record low of 5.757 % in 2000. North Korea KP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Within Region 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: Exports. Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

North Korea: Income, profits, and capital gains taxes: percent of revenue: 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 .

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.

North Korea KP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data was reported at 1.999 % in 2016. This records a decrease from the previous number of 3.188 % for 2015. North Korea KP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data is updated yearly, averaging 5.333 % from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 26.175 % in 2000 and a record low of 0.189 % in 1985. North Korea KP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean 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: Exports. Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

North Korea: Personal income tax rate: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0 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: Imports: High-Income Economies: % of Total Goods Imports data was reported at 2.174 % in 2016. This records a decrease from the previous number of 2.942 % for 2015. North Korea KP: Imports: High-Income Economies: % of Total Goods Imports data is updated yearly, averaging 39.012 % from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 61.032 % in 1983 and a record low of 2.174 % in 2016. North Korea KP: Imports: High-Income Economies: % of Total Goods Imports 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: Imports. Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

North Korea: External debt, percent of Gross National Income: 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: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Outside Region data was reported at 9.678 % in 2016. This records a decrease from the previous number of 14.753 % for 2015. North Korea KP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Outside Region data is updated yearly, averaging 19.517 % from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 72.262 % in 2007 and a record low of 6.100 % in 1984. North Korea KP: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Outside Region 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: Exports. Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

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 KP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data was reported at 0.235 % in 2016. This records a decrease from the previous number of 1.352 % for 2015. North Korea KP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data is updated yearly, averaging 2.313 % from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 13.199 % in 1999 and a record low of 0.171 % in 1981. North Korea KP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean 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: Imports. Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

North Korea KP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Within Region data was reported at 93.243 % in 2016. This records an increase from the previous number of 88.204 % for 2015. North Korea KP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Within Region data is updated yearly, averaging 40.254 % from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 93.243 % in 2016 and a record low of 23.211 % in 2001. North Korea KP: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Within Region 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: Imports. Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

Abstract (en): The Korean General Social Survey (KGSS) is the South Korean version of the General Social Survey (GSS), closely replicating the original GSS of the National Opinion Research Center at the University of Chicago. Each round of the KGSS typically includes the topical module surveys of the International Social Survey Programme (ISSP), and/or the East Asian Social Survey (EASS), an international survey network of four GSS-type surveys from countries in East Asia (including China, Japan, Taiwan, and South Korea). Respondents were asked about their trust and confidence in people and institutions, reunification with North Korea, economic issues, their everyday life and household, family, government performance, and public officials. Additional questions were asked regarding family financial support, household roles, and marriage. Demographic information includes age, sex, education level, household income, employment status, religious preference, political party affiliation, and political philosophy. No weights were used in this study. ICPSR data undergo a confidentiality review and are altered when necessary to limit the risk of disclosure. ICPSR also routinely creates ready-to-go data files along with setups in the major statistical software formats as well as standard codebooks to accompany the data. In addition to these procedures, ICPSR performed the following processing steps for this data collection: Standardized missing values.; Created online analysis version with question text.; Checked for undocumented or out-of-range codes.. Response Rates: Approximately 60 percent The national population aged 18 years and older residing in households in South Korea. Smallest Geographic Unit: State Multi-stage area probability sampling: Consistent with the requirements of ISSP and other GSS-type surveys, the sample for the KGSS is a national sample drawn by full probability sampling procedures. A more convenient quota sampling at the block level is not employed at all, simply because the quota sampling in terms of age and sex criteria, for instance, is vulnerable to a variety of misuses and abuses that result in serious sampling biases. The target universe of the KGSS is the adult population aged 18 or over who live in households of Korea. From this universe, a total of 2,000 individuals are sampled by the three-stage area probability sampling method. The total number of sample blocks (or clusters) is 200, and some 10 individuals are sampled from each block. Below is a more detailed description of the sampling procedures involved. First, the total sample blocks are distributed to 16 do's or si's at the province level, proportionate to the distribution of households in Korea. Second, in accordance with the PPS principle, a number of dong's and/or myun's (ward level administrative districts in cities and rural counties, respectively) are selected proportional to the number of sample blocks assigned to each province. Third, from each dong and myun selected, one sample block-tong-ban in dong or ri in myun-is randomly selected. Fourth, in each tong-ban or ri selected, about 10 households are randomly selected, make a list of adult members aged 18 or over in each household with their dates of birth on it, and finally select the person who has the birth date occurring the first during the year. For instance, in a household whose members have birthdays in April, February, November, and August, the very person with the birthday in February becomes the respondent. The multistage element in these sequential sampling procedures serves to narrow down the hierarchically stratified geographic areas into the lowest sample blocks, thereby enhancing the sample representativeness, while the cluster component there serves to maximize the efficiency of fieldwork operations. 2013-12-05 The citation was revised per the request of the Principal Investigator. face-to-face interview More information about Korean General Social surveys can be found on the Korean General Social Survey Web site (Korean language) or the Korean General Social Survey Web site (English language).

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Automotive Airbag Sensor Market Size 2024-2028

The automotive airbag sensor market size is forecast to increase by USD 227 million, at a CAGR of 6.22% between 2023 and 2028.

The market is witnessing significant growth due to advancements in sensor technology, particularly In the use of microelectromechanical systems (MEMS) sensors. MEMS sensors offer advantages such as miniaturization, high precision, and low power consumption, making them ideal for automotive airbag applications. Additionally, the increasing adoption of autonomous vehicles is driving the demand for advanced safety systems, including airbags, which in turn is boosting the market growth. However, the market is facing challenges such as the sharp decline in automobile production and sales due to the COVID-19 pandemic. The semiconductor industry is also experiencing supply chain disruptions, which may impact the availability and pricing of sensors used in airbag systems. Despite these challenges, the long-term outlook for the market remains positive, with light vehicles and passenger cars continuing to be the primary end-users.

What will be the Size of the Automotive Airbag Sensor Market During the Forecast Period?

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The market is experiencing significant growth due to increasing demand for enhanced safety features in vehicles. Fatal accident rates continue to be a major concern, driving the adoption of advanced airbag systems. These systems incorporate various types of sensors, including mechanical and electrical, to detect collisions and deploy airbags effectively. The market encompasses a range of airbag types, such as side, knee, and rear, all designed to protect passengers in different parts of the vehicle. 
Impact sensors and pressure sensors are commonly used to initiate airbag deployment, while brake sensors provide additional safety by deploying airbags during sudden stops. Semiconductor devices play a crucial role In the functionality and accuracy of these sensors. Overall, the market is expected to continue expanding as the transportation industry prioritizes safety and innovation.

How is this Automotive Airbag Sensor Industry segmented and which is the largest segment?

The automotive airbag sensor industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Passenger cars
  LCVs
  MCVs and HCVs


End-user

  OEMs
  Aftermarket


Geography

  APAC

    China
    Japan
    South Korea


  Europe

    Germany


  North America

    US


  South America



  Middle East and Africa

By Application Insights

The passenger cars segment is estimated to witness significant growth during the forecast period.

The market is primarily driven by the passenger cars segment, which accounts for a significant market share. These sensors, integrated into the vehicle system, detect sudden deceleration or impact, initiating the deployment of airbags to safeguard occupants during accidents. The high penetration of frontal airbags in passenger cars is notable. Furthermore, the adoption of side airbags, knee airbags, and rear airbags is increasing in passenger cars, contributing to market expansion. Fatal accident rates, influenced by factors such as last-mile connectivity, transportation of lightweight construction materials, per capita income, and traffic regulations, necessitate the implementation of advanced vehicle safety features, including airbags.

Types of sensors, such as mechanical and electrical, and their modes, including impact and pressure sensors, as well as brake sensors, are integral to airbag functionality. Airbag sensors, utilizing semiconductor devices, accurately detect accident intensity and sudden acceleration, ensuring precise sensing technologies. The market is expected to experience steady growth due to increasing road accidents, stringent vehicle safety regulations, and the demand for enhanced passenger vehicle safety.

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The passenger cars segment was valued at USD 420.70 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 59% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Airbag Sensor Market In the Asia Pacific region is projected to experience significant growth due to increasing sales of commercial vehicles and stringent safety regulations. Governments in countries like India and China are implementing saf