The Gross Domestic Product (GDP) in North Korea was worth 18 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of North Korea represents 0.01 percent of the world economy.

GDP in North Korea averaged 11.79 USD Billion from 1970 until 2019, reaching an all time high of 18 USD Billion in 2019 and a record low of 4.85 USD Billion in 1995. This page provides - North Korea GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. North Korea GDP - values, historical data and charts - was last updated on August of 2020. source: World Bank

GDP in North Korea is expected to reach 18.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Korea GDP is projected to trend around 19.00 USD Billion in 2021, according to our econometric models.

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North Korea GDP

Actual Previous Highest Lowest Dates Unit Frequency
18.00 17.36 18.00 4.85 1970 - 2019 USD Billion Yearly
Current USD

North Korea GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 0.40 -4.10 6.10 -6.50 percent [+]
GDP 18.00 17.36 18.00 4.85 USD Billion [+]
GDP Constant Prices 32918.90 32803.00 38815.40 27606.90 KPW Billion [+]
GDP From Agriculture 7441.20 7340.00 7575.60 5280.90 KPW Billion [+]
GDP From Construction 2915.60 2834.70 4156.00 1759.90 KPW Billion [+]
GDP From Manufacturing 6116.70 6183.50 12994.40 5967.30 KPW Billion [+]
GDP From Mining 3292.70 3316.30 5420.80 2916.60 KPW Billion [+]
GDP From Public Administration 8160.00 8117.60 8160.00 6562.60 KPW Billion [+]
GDP From Services 11301.40 11204.90 11301.40 9105.60 KPW Billion [+]
GDP From Transport 730.90 762.80 764.40 730.90 KPW Billion [+]
GDP From Utilities 1853.50 1934.90 2086.10 1289.20 KPW Billion [+]

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