Gross National Income — Annual growth Standard Local Currency in Democratic People's Republic of Korea
Democratic People's Republic of Korea: Gross National Income — Annual growth Standard Local Currency was 10.17 % in 2023. ◆ Volatile
Gross National Income — Annual growth Standard Local Currency in Democratic People's Republic of Korea, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Democratic People's Republic of Korea recorded 10.17 % for gross national income — annual growth standard local currency in 2023.
That represents a change of up 230.8% on the previous year and up 289.1% over ten years.
Over the whole period, gross national income — annual growth standard local currency in Democratic People's Republic of Korea peaked at 6,801 % in 2002 and was at its lowest, -43.87 %, in 1995.
Democratic People's Republic of Korea ranks 88th of 231 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Annual growth Standard Local Currency in Democratic People's Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 10.4 % | — |
| 1972 | 10.4 % | +0.0% |
| 1973 | 10.4 % | +0.0% |
| 1974 | 10.4 % | +0.0% |
| 1975 | 10.4 % | +0.0% |
| 1976 | 4.1 % | -60.6% |
| 1977 | 4.1 % | +0.0% |
| 1978 | 4.1 % | +0.0% |
| 1979 | 4.1 % | +0.0% |
| 1980 | 4.1 % | +0.0% |
| 1981 | 3.7 % | -9.8% |
| 1982 | 3.7 % | +0.0% |
| 1983 | 3.7 % | +0.0% |
| 1984 | 3.7 % | +0.0% |
| 1985 | 3.7 % | +0.0% |
| 1986 | 1.4 % | -62.2% |
| 1987 | 1.4 % | +0.0% |
| 1988 | 0.8728 % | -37.7% |
| 1989 | 9.87 % | +1031.2% |
| 1990 | -7.01 % | -171.0% |
| 1991 | -7.75 % | +10.5% |
| 1992 | -13.08 % | +68.7% |
| 1993 | -15.23 % | +16.5% |
| 1994 | -19.69 % | +29.3% |
| 1995 | -43.87 % | +122.7% |
| 1996 | 103.79 % | -336.6% |
| 1997 | -2.08 % | -102.0% |
| 1998 | -0.4783 % | -77.0% |
| 1999 | 0.0499 % | -110.4% |
| 2000 | 3.19 % | +6305.8% |
| 2001 | 3.91 % | +22.5% |
| 2002 | 6,801 % | +173726.0% |
| 2003 | 1.3 % | -100.0% |
| 2004 | 1.06 % | -18.1% |
| 2005 | 7.51 % | +608.3% |
| 2006 | 8.04 % | +7.0% |
| 2007 | 2.76 % | -65.7% |
| 2008 | -7.17 % | -359.7% |
| 2009 | -9.63 % | +34.4% |
| 2010 | -15.95 % | +65.5% |
| 2011 | 7.75 % | -148.6% |
| 2012 | 5.56 % | -28.3% |
| 2013 | 2.61 % | -52.9% |
| 2014 | 5 % | +91.1% |
| 2015 | 2.21 % | -55.7% |
| 2016 | 2.92 % | +32.1% |
| 2017 | 3.37 % | +15.3% |
| 2018 | -1.98 % | -158.9% |
| 2019 | -3.58 % | +80.3% |
| 2020 | -3.37 % | -5.8% |
| 2021 | 5.7 % | -269.1% |
| 2022 | -7.78 % | -236.4% |
| 2023 | 10.17 % | -230.8% |
Biggest year-on-year movements
Years where Gross National Income — Annual growth Standard Local Currency in Democratic People's Republic of Korea 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.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +173726.0% | 3.91 % | 6,801 % |
| 2000 | +6305.8% | 0.0499 % | 3.19 % |
| 1989 | +1031.2% | 0.8728 % | 9.87 % |
| 2005 | +608.3% | 1.06 % | 7.51 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.6 % | 4.1 % | 10.4 % | 9 |
| 1980s | 3.61 % | 0.8728 % | 9.87 % | 10 |
| 1990s | -0.5355 % | -43.87 % | 103.79 % | 10 |
| 2000s | 681.17 % | -9.63 % | 6,801 % | 10 |
| 2010s | 0.7914 % | -15.95 % | 7.75 % | 10 |
| 2020s | 1.18 % | -7.78 % | 10.17 % | 4 |
Countries ranked near Democratic People's Republic of Korea
- 85 United Republic of Tanzania 10.34 % compare
- 86 Saint Vincent and the Grenadines 10.29 % compare
- 87 Palau 10.27 % compare
- 89 Cabo Verde 10.17 % compare
- 90 Mozambique 10.03 % compare
- 91 Morocco 10.02 % compare
More economy & growth data for Democratic People's Republic of Korea
- Gross Domestic Product — Annual growth Standard Local Currency 2 % (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 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$, 2015 prices 15,550 million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.8713 % (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$ per capita 1.69 % (2024)
Frequently asked questions
- What is gross national income — annual growth standard local currency in Democratic People's Republic of Korea?
- Gross national income — annual growth standard local currency in Democratic People's Republic of Korea was 10.17 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — annual growth standard local currency recorded in Democratic People's Republic of Korea?
- The highest recorded value was 6,801 % in 2002.
- What is the lowest gross national income — annual growth standard local currency recorded in Democratic People's Republic of Korea?
- The lowest recorded value was -43.87 % in 1995.
- How does Democratic People's Republic of Korea rank for gross national income — annual growth standard local currency?
- Democratic People's Republic of Korea ranks 88th out of 231 countries with data for 2023.
- Is gross national income — annual growth standard local currency rising or falling in Democratic People's Republic of Korea?
- Over the last ten years it is up 289.1%. The long-run trend across the full record is volatile.
- 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 National Income — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
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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).