Economy of North Korea

This book about the economy of North Korea from the 1970s to the 2010s. Source data from UN Data.

Size. In the 2010s, the GDP of DPRK was equal to $16.4 billion per year; the value of agriculture was $3.6 billion; the value of industry was $6.2 billion. Since the share in the world is between .01% and .1%, the country is classified as a small economy.

Productivity. In the 2010s, the GDP per capita was $655.4, the value of agriculture per capita was $145.8, the value of industry per capita was $248.6. Since the productivity is less the average below average, the economy is classified as least developed.

Growth. In the 2010s, the growth of gross domestic product was -0.11%; the growth of agriculture was 0.99%; the growth of industry was -1.5%.

Structure. In the 2010s, the economy of North Korea included: industry (37.9%), services (31.3%), agriculture (22.2%), and construction (8.5%).

Exports and imports. In the 2010s, the imports were 89.7% higher than the exports, the net imports were equal to 5.3% of the GDP. The technological structure of exports are not better than the structure of imports.

Dettagli