The Gross Domestic Product (GDP) in North Korea contracted 4.10 percent in 2018 from the previous year. GDP Annual Growth Rate in North Korea averaged -0.61 percent from 1990 until 2018, reaching an all time high of 6.10 percent in 1999 and a record low of -6.50 percent in 1997.

GDP Annual Growth Rate in North Korea is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Korea GDP Annual Growth Rate is projected to trend around 1.30 percent in 2020, according to our econometric models.

North Korea GDP Annual Growth Rate
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North Korea GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -4.10 -3.50 6.10 -6.50 percent [+]
GDP 17.36 16.79 17.40 4.85 USD Billion [+]
GDP Constant Prices 30882.30 31996.60 35026.90 24912.40 KPW Billion [+]
GDP From Agriculture 7049.40 7144.10 7144.10 4980.10 KPW Billion [+]
GDP From Construction 2494.00 2608.70 3494.90 1480.00 KPW Billion [+]
GDP From Manufacturing 6196.60 6657.90 11834.90 5434.90 KPW Billion [+]
GDP From Mining 4265.50 4790.40 5732.00 3084.00 KPW Billion [+]
GDP From Public Administration 6958.40 6904.40 6958.40 5668.90 KPW Billion [+]
GDP From Services 9608.80 9561.60 9608.80 7877.30 KPW Billion [+]
GDP From Transport 730.90 762.80 764.40 730.90 KPW Billion [+]
GDP From Utilities 1157.30 1192.50 1318.70 815.00 KPW Billion [+]


North Korea GDP Annual Growth Rate

In 2015, the services sector accounted for 32.2 percent of total GDP, with government services reaching 23.3 percent. The agricultural sector recorded the second largest share (21.6 percent), followed by manufacturing (20.4 percent); mining (12.2 percent); construction (9 percent) and electricity, gas and water supply (4.5 percent), according to estimates from the central bank of South Korea. This page provides - North Korea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. North Korea GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-4.10 -3.50 6.10 -6.50 1990 - 2018 percent Yearly




Country Last Previous
China 6.00 Sep/19
Indonesia 5.05 Jun/19
India 5.00 Jun/19
United States 2.30 Jun/19
South Korea 2.00 Jun/19
Spain 2.00 Jun/19
Netherlands 1.80 Jun/19
Canada 1.60 Jun/19
Australia 1.40 Jun/19
France 1.40 Jun/19
United Kingdom 1.30 Jun/19
Euro Area 1.20 Jun/19
Brazil 1.00 Jun/19
Japan 1.00 Jun/19
Russia 0.90 Jun/19
South Africa 0.90 Jun/19
Argentina 0.60 Jun/19
Saudi Arabia 0.50 Jun/19
Germany 0.40 Jun/19
Switzerland 0.20 Jun/19
Singapore 0.10 Sep/19
Italy -0.10 Jun/19
Mexico -0.80 Jun/19
Turkey -1.50 Jun/19


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