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 52,947 in 2027. ▲ Rising

Latest (2027)
52,947
Change on year
up 1.6%
World rank
134th
of 188 countries
All-time high
58,654
in 1991
All-time low
43,645
in 1998
Years of data
37
1991–2027

Gross Domestic Product, GDP in millions constant 2021 international $ in Korea, Democratic People's Republic of, 1991–2027

020.0k40.0k60.0k1991200920271991: 58.7k1992: 54.5k1993: 52.1k1994: 51.0k1995: 48.7k1996: 47.1k1997: 44.0k1998: 43.6k1999: 46.3k2000: 46.5k2001: 48.2k2002: 48.8k2003: 49.7k2004: 50.7k2005: 52.6k2006: 52.1k2007: 51.5k2008: 53.1k2009: 52.6k2010: 52.3k2011: 52.8k2012: 53.5k2013: 54.0k2014: 54.6k2015: 54.0k2016: 56.1k2017: 54.1k2018: 51.9k2019: 52.0k2020: 49.7k2021: 49.7k2022: 49.6k2023: 51.1k2024: 51.4k2025: 51.7k2026: 52.1k2027: 52.9k

Source: International Labour Organization.

Analysis

The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Korea, Democratic People's Republic of is 52,947, measured in 2027.

Compared with earlier readings it is up 1.6% on the previous year and down 2.1% 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 58,654 in 1991 and was at its lowest, 43,645, in 1998.

That places Korea, Democratic People's Republic of 134th out of 188 countries with data for 2027, putting it in the middle of the range.

The long-run direction has been consistently rising across the 37 years of available data.

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) in Korea, Democratic People's Republic of, 1991 to 2027.
Year Value Change
1991 58,654
1992 54,499 -7.1%
1993 52,058 -4.5%
1994 50,960 -2.1%
1995 48,730 -4.4%
1996 47,097 -3.4%
1997 44,043 -6.5%
1998 43,645 -0.9%
1999 46,298 +6.1%
2000 46,489 +0.4%
2001 48,235 +3.8%
2002 48,814 +1.2%
2003 49,702 +1.8%
2004 50,734 +2.1%
2005 52,642 +3.8%
2006 52,102 -1.0%
2007 51,483 -1.2%
2008 53,079 +3.1%
2009 52,596 -0.9%
2010 52,348 -0.5%
2011 52,765 +0.8%
2012 53,455 +1.3%
2013 54,028 +1.1%
2014 54,592 +1.0%
2015 53,968 -1.1%
2016 56,056 +3.9%
2017 54,104 -3.5%
2018 51,860 -4.1%
2019 52,043 +0.4%
2020 49,684 -4.5%
2021 49,657 -0.1%
2022 49,581 -0.2%
2023 51,096 +3.1%
2024 51,352 +0.5%
2025 51,711 +0.7%
2026 52,125 +0.8%
2027 52,947 +1.6%

Korea, Democratic People's Republic of compared with similar countries

  • Korea, Democratic People's Republic of's 52,947 is below the median for low income countries, which is 57,463, 92% of the median. (25 countries reporting)
  • Korea, Democratic People's Republic of's 52,947 is below the median for East Asia & Pacific, which is 84,340, 63% of the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 49,554 43,645 58,654 9
2000s 50,587 46,489 53,079 10
2010s 53,522 51,860 56,056 10
2020s 51,019 49,581 52,947 8

Countries ranked near Korea, Democratic People's Republic of

  1. 131 Albania 57,023 compare
  2. 132 Chad 55,772 compare
  3. 133 Cyprus 54,502 compare
  4. 135 Gabon 51,590 compare
  5. 136 Papua New Guinea 50,683 compare
  6. 137 Botswana 48,308 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 52,947 in 2027, according to International Labour Organization.
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 58,654 in 1991.
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 43,645 in 1998.
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 134th out of 188 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 down 2.1%. The long-run trend across the full record is rising.
Where does this Korea, Democratic People's Republic of data come from?
The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). 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 International Labour Organization. Retrieved 16 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-in-millions-constant-2021-international-at-ppp-ilo-modelled/korea-dem-people-s-rep/

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About this data

Indicator
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 10,188 data points, 1991–2027
Last refreshed

Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.