Gross Domestic Product, GDP in millions constant 2021 international $ in Korea, Democratic People's Republic of

Korea, Democratic People's Republic of: Gross Domestic Product, GDP in millions constant 2021 international $ was 1.58 % change on previous year in 2027. ◆ Volatile

Latest (2027)
1.58 % change on previous year
Change on year
up 97.2%
World rank
163rd
of 189 countries
All-time high
6.08 % change on previous year
in 1999
All-time low
-7.08 % change on previous year
in 1992
Years of data
36
1992–2027

Gross Domestic Product, GDP in millions constant 2021 international $ in Korea, Democratic People's Republic of, 1992–2027

-5051992200920271992: -7.1 % change on previous year1993: -4.5 % change on previous year1994: -2.1 % change on previous year1995: -4.4 % change on previous year1996: -3.4 % change on previous year1997: -6.5 % change on previous year1998: -0.904 % change on previous year1999: 6.1 % change on previous year2000: 0.412 % change on previous year2001: 3.8 % change on previous year2002: 1.2 % change on previous year2003: 1.8 % change on previous year2004: 2.1 % change on previous year2005: 3.8 % change on previous year2006: -1 % change on previous year2007: -1.2 % change on previous year2008: 3.1 % change on previous year2009: -0.909 % change on previous year2010: -0.472 % change on previous year2011: 0.797 % change on previous year2012: 1.3 % change on previous year2013: 1.1 % change on previous year2014: 1 % change on previous year2015: -1.1 % change on previous year2016: 3.9 % change on previous year2017: -3.5 % change on previous year2018: -4.1 % change on previous year2019: 0.353 % change on previous year2020: -4.5 % change on previous year2021: -0.055 % change on previous year2022: -0.152 % change on previous year2023: 3.1 % change on previous year2024: 0.5 % change on previous year2025: 0.7 % change on previous year2026: 0.8 % change on previous year2027: 1.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2027, gross domestic product, gdp in millions constant 2021 international $ in Korea, Democratic People's Republic of stood at 1.58 % change on previous year.

The figure is up 97.2% on the previous year and up 145.3% over ten years.

Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Korea, Democratic People's Republic of peaked at 6.08 % change on previous year in 1999 and was at its lowest, -7.08 % change on previous year, in 1992.

Korea, Democratic People's Republic of ranks 163rd of 189 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product, GDP in millions constant 2021 international $ in Korea, Democratic People's Republic of, year by year

Annual values for Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate in Korea, Democratic People's Republic of, 1992 to 2027.
Year % change on previous year Change
1992 -7.08 % change on previous year
1993 -4.48 % change on previous year -36.8%
1994 -2.11 % change on previous year -52.9%
1995 -4.37 % change on previous year +107.3%
1996 -3.35 % change on previous year -23.4%
1997 -6.48 % change on previous year +93.4%
1998 -0.9041 % change on previous year -86.1%
1999 6.08 % change on previous year -772.3%
2000 0.4121 % change on previous year -93.2%
2001 3.76 % change on previous year +811.4%
2002 1.2 % change on previous year -68.0%
2003 1.82 % change on previous year +51.4%
2004 2.08 % change on previous year +14.2%
2005 3.76 % change on previous year +81.1%
2006 -1.03 % change on previous year -127.3%
2007 -1.19 % change on previous year +15.7%
2008 3.1 % change on previous year -361.1%
2009 -0.9088 % change on previous year -129.3%
2010 -0.4723 % change on previous year -48.0%
2011 0.797 % change on previous year -268.8%
2012 1.31 % change on previous year +64.2%
2013 1.07 % change on previous year -18.1%
2014 1.04 % change on previous year -2.7%
2015 -1.14 % change on previous year -209.5%
2016 3.87 % change on previous year -438.6%
2017 -3.48 % change on previous year -190.0%
2018 -4.15 % change on previous year +19.1%
2019 0.3533 % change on previous year -108.5%
2020 -4.53 % change on previous year -1383.0%
2021 -0.0553 % change on previous year -98.8%
2022 -0.1518 % change on previous year +174.3%
2023 3.06 % change on previous year -2112.5%
2024 0.4998 % change on previous year -83.6%
2025 0.7001 % change on previous year +40.1%
2026 0.8 % change on previous year +14.3%
2027 1.58 % change on previous year +97.2%

Biggest year-on-year movements

Years where Gross Domestic Product, GDP in millions constant 2021 international $ in Korea, Democratic People's Republic of changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2023 +2112.5% -0.1518 % change on previous year 3.06 % change on previous year
2020 -1383.0% 0.3533 % change on previous year -4.53 % change on previous year
2001 +811.4% 0.4121 % change on previous year 3.76 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s -2.84 % change on previous year -7.08 % change on previous year 6.08 % change on previous year 8
2000s 1.3 % change on previous year -1.19 % change on previous year 3.76 % change on previous year 10
2010s -0.0803 % change on previous year -4.15 % change on previous year 3.87 % change on previous year 10
2020s 0.2367 % change on previous year -4.53 % change on previous year 3.06 % change on previous year 8

Countries ranked near Korea, Democratic People's Republic of

  1. 160 Denmark 1.64 % change on previous year compare
  2. 161 Iran, Islamic Republic of 1.61 % change on previous year compare
  3. 162 Tunisia 1.6 % change on previous year compare
  4. 164 Austria 1.56 % change on previous year compare
  5. 165 Norway 1.56 % change on previous year compare
  6. 166 Jamaica 1.55 % change on previous year compare

See the full ranking of 276 places →

More economy & growth data for Korea, Democratic People's Republic of

All data for Korea, Democratic People's Republic of →

Frequently asked questions

What is gross domestic product, gdp in millions constant 2021 international $ in Korea, Democratic People's Republic of?
Gross domestic product, gdp in millions constant 2021 international $ in Korea, Democratic People's Republic of was 1.58 % change on previous year in 2027, according to Statizoid (derived).
What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Korea, Democratic People's Republic of?
The highest recorded value was 6.08 % change on previous year in 1999.
What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Korea, Democratic People's Republic of?
The lowest recorded value was -7.08 % change on previous year in 1992.
How does Korea, Democratic People's Republic of rank for gross domestic product, gdp in millions constant 2021 international $?
Korea, Democratic People's Republic of ranks 163rd out of 189 countries with data for 2027.
Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Korea, Democratic People's Republic of?
Over the last ten years it is up 145.3%. The long-run trend across the full record is volatile.
Where does this Korea, Democratic People's Republic of data come from?
The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product, GDP in millions constant 2021 international $ in Korea, Democratic People's Republic of. Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-in-millions-constant-2021-international-at-ppp-ilo-modelled-5/korea-dem-people-s-rep/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
276 places, 9,912 data points, 1992–2027
Last refreshed

The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.