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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 #
171 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 -0.1 % 2021
Inflation Rate YoY 55 % Jul/13
Unemployment Rate 2.6 % 2021
Balance of Trade -126 USD Million | -0.126 B USD 2021


GDP Indicators

Indicator Data Period
GDP Value 16.12 USD Billion 2015
GDP Annual Growth Rate -0.1 % 2021
GDP Constant Prices 31410 KPW Billion | 34.9 B USD 2021
GDP From Agriculture  7302 KPW Billion | 8.113 B USD 2021
GDP From Construction  3008 KPW Billion | 3.342 B USD 2021
GDP From Manufacturing  5694 KPW Billion | 6.327 B USD 2021
GDP From Mining  2629 KPW Billion | 2.921 B USD 2021
GDP From Public Administration  8232 KPW Billion | 9.147 B USD 2021
GDP From Services  10802 KPW Billion | 12.002 B USD 2021
GDP From Transport  328 KPW Billion | 0.364 B USD 2021
GDP From Utilities  1995 KPW Billion | 2.217 B USD 2021


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 -126 USD Million | -0.126 USD Billion 2021
Exports 151 USD Million | 0.151 USD Billion 2021
Imports 277 USD Million | 0.277 USD Billion 2021


Labor Indicators

Indicator Data Period
Unemployment Rate 2.6 % 2021
Employed Persons 16495 Thousand Person | 16.495 Million Person 2021
Employment Rate  74.2 % 2015
Labor Force Participation Rate 70.5 % 2019


Taxes

Indicator Data Period
Sales Tax Rate 15 % 2022


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 -3.3 % 2021