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Economy of North Korea. Statistics, Data and Indicators

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North Korea
N/AN/A Credit rank #
N/A Quality of life #
174 Corruption rank#161
N/A Ease of doing business#
North Korea


North Korea Major Economic Indicators

Indicator Data Period
GDP Value 16.12 USD Billion 2015
GDP Annual Growth Rate -4.5 % 2020
Inflation Rate YoY 55 % Jul/13
Unemployment Rate 4.7 % 2020
Balance of Trade -401 USD Million | -0.401 B USD 2020


GDP Indicators

Indicator Data Period
GDP Value 16.12 USD Billion 2015
GDP Annual Growth Rate -4.5 % 2020
GDP Constant Prices 31427 KPW Billion | 34.919 B USD 2020
GDP From Agriculture  6876 KPW Billion | 7.64 B USD 2020
GDP From Construction  2954 KPW Billion | 3.282 B USD 2020
GDP From Manufacturing  5886 KPW Billion | 6.54 B USD 2020
GDP From Mining  2978 KPW Billion | 3.309 B USD 2020
GDP From Public Administration  8228 KPW Billion | 9.142 B USD 2020
GDP From Services  10844 KPW Billion | 12.049 B USD 2020
GDP From Transport  359 KPW Billion | 0.399 B USD 2020
GDP From Utilities  1883 KPW Billion | 2.092 B USD 2020


Inflation Indicators

Indicator Data Period
Inflation Rate YoY 55 % Jul/13
Inflation Rate Mom 80 % Jan/11


Trade Indicators

Indicator Data Period
Balance of Trade -401 USD Million | -0.401 USD Billion 2020
Exports 157 USD Million | 0.157 USD Billion 2020
Imports 558 USD Million | 0.558 USD Billion 2020


Labor Indicators

Indicator Data Period
Unemployment Rate 4.7 % 2020
Employed Persons 15912 Thousand Person | 15.912 Million Person 2020
Employment Rate  74.2 % 2015
Labor Force Participation Rate 70.5 % 2019


Taxes

Indicator Data Period
Sales Tax Rate 15 % 2020


Production Indicators

Indicator Data Period
Industrial Production -3.1 % 2015
Steel Production 730 Thousand Tonnes 2020
Car Production 0.2 Ten Thousand Units | 2 Units 2020


Business Indicators

Indicator Data Period
Corruption Index 16 index points 2021
Corruption Rank 174 place 2021
Manufacturing Production -3.8 % 2020