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ECON FACTBOOK

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Economy of North Korea

Population: 24.8 million in 20132

GDP: $28 billion in 20092

GDP per capita: $1,800 PPP in 20113

GDP growth rate: 1.3% in 20124

Industries

GDP by Industry 20125

Industry sectorValue added ($ millions) 2012Percent of total
Other activities4,43930.8%
Manufacturing3,16922.0%
Agriculture, hunting, forestry and fishing3,11321.6%
Mining and utilities5,70817.6%
Construction1,1498.0%
Total value added14,411100%

Employment

Unemployment rate: 4.6% in 20136

Employment by Industry 20087

Employment sectorPercent of total
Industry and services65%
Agriculture35%
Total100%

Corporations

Top 10 Corporations by Revenue 20138

N/A

Households

Household Wealth: N/A

Household Wealth per Adult: N/A

Gini Coefficient: N/A

Government

Central Government

Central Government Revenue: $3.2 billion (12% of GDP) in 20079

Central Government Expenditure: $3.3 billion (12% of GDP) in 20079

Central Government Budget Balance: -$0.1 billion (0% of GDP) in 20079

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds: N/A

Corporate Tax Rate: N/A

Monetary Policy

Money Supply (M0): N/A

Benchmark Interest Rate: N/A

Total Reserves: N/A

Exchange Rate: 139 North Korean Won = 1 U.S. Dollar on Feb 9, 201510

Inflation: N/A

Financial Institutions

Top 10 Financial Institutions by Assets 201311

N/A (data not available at Relbanks.com)

International Accounts

Exports: $4.0 billion (14% of GDP) in 201312

Imports: $4.8 billion (17% of GDP) in 201312

Trade Balance: -$0.8 billion (-3% of GDP) in 201312

Foreign Direct Investment Inflow: $227 million (0.8% of GDP) in 201313

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $98 million (0.3% of GDP) in 201214

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita PPP) Go back
4. Source: World Bank Indicators (GDP growth rate) Go back
5. Source: United Nations Statistics Division (GDP by industry) Go back
6. Source: World Bank Indicators (Unemployment rate) Go back
7. Source: CIA World Factbook (Employment by economic activity) Go back
8. Source: Annual reports (Corporate data) Go back
9. Source: CIA World Factbook (Government budget) Go back
10. Source: xe.com (Exchange rate) Go back
11. Source: Relbanks.com (Financial institutions by assets) Go back
12. Source: CIA World Factbook (Trade data) Go back
13. Source: World Bank Indicators (FDI data) Go back
14. Source: World Bank Indicators (Aid data) Go back