Gross Domestic Product — Value Standard Local Currency, 2015 prices in Democratic People's Republic of Korea
Democratic People's Republic of Korea: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 1.67 million million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Democratic People's Republic of Korea, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Democratic People's Republic of Korea is 1.67 million million SLC, measured in 2024.
Compared with earlier readings it is up 0.9% on the previous year and down 5.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Democratic People's Republic of Korea peaked at 2.08 million million SLC in 1989 and was at its lowest, 818,629 million SLC, in 1970.
Democratic People's Republic of Korea ranks 93rd of 223 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Democratic People's Republic of Korea, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 818,629 million SLC | — |
| 1971 | 903,766 million SLC | +10.4% |
| 1972 | 997,758 million SLC | +10.4% |
| 1973 | 1.10 million million SLC | +10.4% |
| 1974 | 1.22 million million SLC | +10.4% |
| 1975 | 1.34 million million SLC | +10.4% |
| 1976 | 1.40 million million SLC | +4.1% |
| 1977 | 1.45 million million SLC | +4.1% |
| 1978 | 1.51 million million SLC | +4.1% |
| 1979 | 1.58 million million SLC | +4.1% |
| 1980 | 1.64 million million SLC | +4.1% |
| 1981 | 1.70 million million SLC | +3.7% |
| 1982 | 1.76 million million SLC | +3.7% |
| 1983 | 1.83 million million SLC | +3.7% |
| 1984 | 1.90 million million SLC | +3.7% |
| 1985 | 1.97 million million SLC | +3.7% |
| 1986 | 2.00 million million SLC | +1.4% |
| 1987 | 2.02 million million SLC | +1.4% |
| 1988 | 2.05 million million SLC | +1.4% |
| 1989 | 2.08 million million SLC | +1.4% |
| 1990 | 1.99 million million SLC | -4.3% |
| 1991 | 1.90 million million SLC | -4.4% |
| 1992 | 1.77 million million SLC | -7.1% |
| 1993 | 1.69 million million SLC | -4.5% |
| 1994 | 1.65 million million SLC | -2.1% |
| 1995 | 1.58 million million SLC | -4.4% |
| 1996 | 1.53 million million SLC | -3.4% |
| 1997 | 1.43 million million SLC | -6.5% |
| 1998 | 1.42 million million SLC | -0.9% |
| 1999 | 1.50 million million SLC | +6.1% |
| 2000 | 1.51 million million SLC | +0.4% |
| 2001 | 1.57 million million SLC | +3.8% |
| 2002 | 1.58 million million SLC | +1.2% |
| 2003 | 1.61 million million SLC | +1.8% |
| 2004 | 1.65 million million SLC | +2.1% |
| 2005 | 1.71 million million SLC | +3.8% |
| 2006 | 1.69 million million SLC | -1.0% |
| 2007 | 1.67 million million SLC | -1.2% |
| 2008 | 1.72 million million SLC | +3.1% |
| 2009 | 1.71 million million SLC | -0.9% |
| 2010 | 1.70 million million SLC | -0.5% |
| 2011 | 1.71 million million SLC | +0.8% |
| 2012 | 1.73 million million SLC | +1.3% |
| 2013 | 1.75 million million SLC | +1.1% |
| 2014 | 1.77 million million SLC | +1.0% |
| 2015 | 1.75 million million SLC | -1.1% |
| 2016 | 1.82 million million SLC | +3.9% |
| 2017 | 1.76 million million SLC | -3.5% |
| 2018 | 1.68 million million SLC | -4.1% |
| 2019 | 1.69 million million SLC | +0.4% |
| 2020 | 1.61 million million SLC | -4.5% |
| 2021 | 1.61 million million SLC | -0.1% |
| 2022 | 1.61 million million SLC | -0.2% |
| 2023 | 1.66 million million SLC | +3.1% |
| 2024 | 1.67 million million SLC | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.23 million million SLC | 818,629 million SLC | 1.58 million million SLC | 10 |
| 1980s | 1.90 million million SLC | 1.64 million million SLC | 2.08 million million SLC | 10 |
| 1990s | 1.65 million million SLC | 1.42 million million SLC | 1.99 million million SLC | 10 |
| 2000s | 1.64 million million SLC | 1.51 million million SLC | 1.72 million million SLC | 10 |
| 2010s | 1.74 million million SLC | 1.68 million million SLC | 1.82 million million SLC | 10 |
| 2020s | 1.63 million million SLC | 1.61 million million SLC | 1.67 million million SLC | 5 |
Countries ranked near Democratic People's Republic of Korea
More economy & growth data for Democratic People's Republic of Korea
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 0.8713 % (2024)
- Gross Domestic Product — Value US$ 16,776 million USD (2024)
- Gross Domestic Product — Value US$ per capita 633.08 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 586.84 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 15,550 million USD (2024)
- Gross Domestic Product — Annual growth Standard Local Currency 2 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 1.69 % (2024)
- Gross Domestic Product — Value Standard Local Currency 1.85 million million SLC (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.5644 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.8713 % (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Democratic People's Republic of Korea?
- Gross domestic product — value standard local currency, 2015 prices in Democratic People's Republic of Korea was 1.67 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Democratic People's Republic of Korea?
- The highest recorded value was 2.08 million million SLC in 1989.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Democratic People's Republic of Korea?
- The lowest recorded value was 818,629 million SLC in 1970.
- How does Democratic People's Republic of Korea rank for gross domestic product — value standard local currency, 2015 prices?
- Democratic People's Republic of Korea ranks 93rd out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Democratic People's Republic of Korea?
- Over the last ten years it is down 5.6%. The long-run trend across the full record is rising.
- Where does this Democratic People's Republic of Korea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).