Gross Domestic Product — Value US$ in Democratic People's Republic of Korea
Democratic People's Republic of Korea: Gross Domestic Product — Value US$ was 16,776 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$ in Democratic People's Republic of Korea, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Democratic People's Republic of Korea recorded 16,776 million USD for gross domestic product — value us$ in 2024.
Compared with earlier readings it is up 2.0% on the previous year and down 3.6% over ten years.
Over the whole period, gross domestic product — value us$ in Democratic People's Republic of Korea peaked at 17,487 million USD in 2018 and was at its lowest, 4,849 million USD, in 1995.
That places Democratic People's Republic of Korea 15th out of 20 countries with data for 2024, putting it 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 US$ in Democratic People's Republic of Korea, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 4,927 million USD | — |
| 1971 | 5,440 million USD | +10.4% |
| 1972 | 6,006 million USD | +10.4% |
| 1973 | 6,630 million USD | +10.4% |
| 1974 | 7,320 million USD | +10.4% |
| 1975 | 8,081 million USD | +10.4% |
| 1976 | 8,412 million USD | +4.1% |
| 1977 | 8,757 million USD | +4.1% |
| 1978 | 9,116 million USD | +4.1% |
| 1979 | 9,490 million USD | +4.1% |
| 1980 | 9,879 million USD | +4.1% |
| 1981 | 10,244 million USD | +3.7% |
| 1982 | 12,868 million USD | +25.6% |
| 1983 | 12,855 million USD | -0.1% |
| 1984 | 12,251 million USD | -4.7% |
| 1985 | 12,075 million USD | -1.4% |
| 1986 | 13,654 million USD | +13.1% |
| 1987 | 14,391 million USD | +5.4% |
| 1988 | 14,193 million USD | -1.4% |
| 1989 | 15,771 million USD | +11.1% |
| 1990 | 14,702 million USD | -6.8% |
| 1991 | 13,687 million USD | -6.9% |
| 1992 | 12,458 million USD | -9.0% |
| 1993 | 10,744 million USD | -13.8% |
| 1994 | 8,307 million USD | -22.7% |
| 1995 | 4,849 million USD | -41.6% |
| 1996 | 10,588 million USD | +118.3% |
| 1997 | 10,323 million USD | -2.5% |
| 1998 | 10,274 million USD | -0.5% |
| 1999 | 10,280 million USD | +0.1% |
| 2000 | 10,608 million USD | +3.2% |
| 2001 | 11,022 million USD | +3.9% |
| 2002 | 10,910 million USD | -1.0% |
| 2003 | 11,051 million USD | +1.3% |
| 2004 | 11,168 million USD | +1.1% |
| 2005 | 13,031 million USD | +16.7% |
| 2006 | 13,764 million USD | +5.6% |
| 2007 | 14,375 million USD | +4.4% |
| 2008 | 13,337 million USD | -7.2% |
| 2009 | 12,035 million USD | -9.8% |
| 2010 | 13,945 million USD | +15.9% |
| 2011 | 15,689 million USD | +12.5% |
| 2012 | 15,907 million USD | +1.4% |
| 2013 | 16,565 million USD | +4.1% |
| 2014 | 17,396 million USD | +5.0% |
| 2015 | 16,283 million USD | -6.4% |
| 2016 | 16,786 million USD | +3.1% |
| 2017 | 17,365 million USD | +3.4% |
| 2018 | 17,487 million USD | +0.7% |
| 2019 | 16,332 million USD | -6.6% |
| 2020 | 15,847 million USD | -3.0% |
| 2021 | 16,750 million USD | +5.7% |
| 2022 | 15,176 million USD | -9.4% |
| 2023 | 16,447 million USD | +8.4% |
| 2024 | 16,776 million USD | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7,418 million USD | 4,927 million USD | 9,490 million USD | 10 |
| 1980s | 12,818 million USD | 9,879 million USD | 15,771 million USD | 10 |
| 1990s | 10,621 million USD | 4,849 million USD | 14,702 million USD | 10 |
| 2000s | 12,130 million USD | 10,608 million USD | 14,375 million USD | 10 |
| 2010s | 16,375 million USD | 13,945 million USD | 17,487 million USD | 10 |
| 2020s | 16,199 million USD | 15,176 million USD | 16,776 million USD | 5 |
Countries ranked near Democratic People's Republic of Korea
- 12 Bolivia (Plurinational State of) 49,668 million USD compare
- 12 Republic of Korea 1.87 million million USD compare
- 13 Mexico 1.85 million million USD compare
- 13 Syrian Arab Republic 18,262 million USD compare
- 14 Australia 1.84 million million USD compare
- 14 Republic of Moldova 18,131 million USD compare
- 15 Spain 1.72 million million USD compare
- 16 Indonesia 1.40 million million USD compare
- 16 Lao People's Democratic Republic 14,563 million USD compare
- 17 Netherlands (Kingdom of the) 1.23 million million USD compare
- 17 Polynesia 8,773 million USD compare
- 18 Saudi Arabia 1.08 million million USD compare
- 18 Timor-Leste 1,881 million USD compare
More economy & growth data for Democratic People's Republic of Korea
- Gross Domestic Product — Annual growth US$ per capita 1.69 % (2024)
- Gross Domestic Product — Value US$ per capita 633.08 USD (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 1.67 million million SLC (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 586.84 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 15,550 million USD (2024)
- Gross Domestic Product — Annual growth Standard Local Currency 2 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 0.8713 % (2024)
- Gross Domestic Product — Annual growth US$ 2 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.8713 % (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices 110.33 SLC (2024)
Frequently asked questions
- What is gross domestic product — value us$ in Democratic People's Republic of Korea?
- Gross domestic product — value us$ in Democratic People's Republic of Korea was 16,776 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Democratic People's Republic of Korea?
- The highest recorded value was 17,487 million USD in 2018.
- What is the lowest gross domestic product — value us$ recorded in Democratic People's Republic of Korea?
- The lowest recorded value was 4,849 million USD in 1995.
- How does Democratic People's Republic of Korea rank for gross domestic product — value us$?
- Democratic People's Republic of Korea ranks 15th out of 20 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Democratic People's Republic of Korea?
- Over the last ten years it is down 3.6%. 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 US$. 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).