Economy of North Korea. Statistics, Data and Indicators
North Korea
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 171 | Corruption rank#161 |
| N/A | Ease of doing business# |
North Korea Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 16.12 USD Billion | 2015 |
| GDP Annual Growth Rate | -0.2 % | 2022 |
| Inflation Rate YoY | 55 % | Jul/13 |
| Unemployment Rate | 3 % | 2022 |
| Balance of Trade | -601 USD Million | -0.601 B USD | 2022 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 16.12 USD Billion | 2015 |
| GDP Annual Growth Rate | -0.2 % | 2022 |
| GDP Constant Prices | 31362 KPW Billion | 34.847 B USD | 2022 |
| GDP From Agriculture | 7147 KPW Billion | 7.941 B USD | 2022 |
| GDP From Construction | 3073 KPW Billion | 3.414 B USD | 2022 |
| GDP From Manufacturing | 5434 KPW Billion | 6.038 B USD | 2022 |
| GDP From Mining | 2751 KPW Billion | 3.057 B USD | 2022 |
| GDP From Public Administration | 8280 KPW Billion | 9.2 B USD | 2022 |
| GDP From Services | 10912 KPW Billion | 12.124 B USD | 2022 |
| GDP From Transport | 386 KPW Billion | 0.429 B USD | 2022 |
| GDP From Utilities | 2064 KPW Billion | 2.293 B USD | 2022 |
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 | -601 USD Million | -0.601 USD Billion | 2022 |
| Exports | 304 USD Million | 0.304 USD Billion | 2022 |
| Imports | 905 USD Million | 0.905 USD Billion | 2022 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 3 % | 2022 |
| Employed Persons | 16612 Thousand Person | 16.612 Million Person | 2022 |
| Employment Rate | 74.2 % | 2015 |
| Labor Force Participation Rate | 70.5 % | 2019 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Sales Tax Rate | 15 % | 2023 |
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 | 17 index points | 2022 |
| Corruption Rank | 171 place | 2022 |
| Manufacturing Production | -4.6 % | 2022 |
