Gross National Income — Value Standard Local Currency in Democratic People's Republic of Korea
Democratic People's Republic of Korea: Gross National Income — Value Standard Local Currency was 1.84 million million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Democratic People's Republic of Korea, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross national income — value standard local currency in Democratic People's Republic of Korea is 1.84 million million SLC, measured in 2023.
The figure is up 10.2% on the previous year and up 12.0% over ten years.
Over the whole period, gross national income — value standard local currency in Democratic People's Republic of Korea peaked at 2.00 million million SLC in 2007 and was at its lowest, 11,107 million SLC, in 1995.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in Democratic People's Republic of Korea, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 14,229 million SLC | — |
| 1971 | 15,708 million SLC | +10.4% |
| 1972 | 17,342 million SLC | +10.4% |
| 1973 | 19,146 million SLC | +10.4% |
| 1974 | 21,137 million SLC | +10.4% |
| 1975 | 23,335 million SLC | +10.4% |
| 1976 | 24,292 million SLC | +4.1% |
| 1977 | 25,288 million SLC | +4.1% |
| 1978 | 26,325 million SLC | +4.1% |
| 1979 | 27,404 million SLC | +4.1% |
| 1980 | 28,528 million SLC | +4.1% |
| 1981 | 29,583 million SLC | +3.7% |
| 1982 | 30,678 million SLC | +3.7% |
| 1983 | 31,813 million SLC | +3.7% |
| 1984 | 32,990 million SLC | +3.7% |
| 1985 | 34,210 million SLC | +3.7% |
| 1986 | 34,689 million SLC | +1.4% |
| 1987 | 35,175 million SLC | +1.4% |
| 1988 | 35,482 million SLC | +0.9% |
| 1989 | 38,985 million SLC | +9.9% |
| 1990 | 36,251 million SLC | -7.0% |
| 1991 | 33,441 million SLC | -7.8% |
| 1992 | 29,068 million SLC | -13.1% |
| 1993 | 24,641 million SLC | -15.2% |
| 1994 | 19,788 million SLC | -19.7% |
| 1995 | 11,107 million SLC | -43.9% |
| 1996 | 22,635 million SLC | +103.8% |
| 1997 | 22,164 million SLC | -2.1% |
| 1998 | 22,058 million SLC | -0.5% |
| 1999 | 22,069 million SLC | +0.0% |
| 2000 | 22,774 million SLC | +3.2% |
| 2001 | 23,665 million SLC | +3.9% |
| 2002 | 1.63 million million SLC | +6800.7% |
| 2003 | 1.65 million million SLC | +1.3% |
| 2004 | 1.67 million million SLC | +1.1% |
| 2005 | 1.80 million million SLC | +7.5% |
| 2006 | 1.94 million million SLC | +8.0% |
| 2007 | 2.00 million million SLC | +2.8% |
| 2008 | 1.85 million million SLC | -7.2% |
| 2009 | 1.67 million million SLC | -9.6% |
| 2010 | 1.41 million million SLC | -15.9% |
| 2011 | 1.52 million million SLC | +7.7% |
| 2012 | 1.60 million million SLC | +5.6% |
| 2013 | 1.64 million million SLC | +2.6% |
| 2014 | 1.72 million million SLC | +5.0% |
| 2015 | 1.76 million million SLC | +2.2% |
| 2016 | 1.81 million million SLC | +2.9% |
| 2017 | 1.88 million million SLC | +3.4% |
| 2018 | 1.84 million million SLC | -2.0% |
| 2019 | 1.77 million million SLC | -3.6% |
| 2020 | 1.71 million million SLC | -3.4% |
| 2021 | 1.81 million million SLC | +5.7% |
| 2022 | 1.67 million million SLC | -7.8% |
| 2023 | 1.84 million million SLC | +10.2% |
Biggest year-on-year movements
Years where Gross National Income — Value 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 | +6800.7% | 23,665 million SLC | 1.63 million million SLC |
| 1996 | +103.8% | 11,107 million SLC | 22,635 million SLC |
| 1995 | -43.9% | 19,788 million SLC | 11,107 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21,421 million SLC | 14,229 million SLC | 27,404 million SLC | 10 |
| 1980s | 33,213 million SLC | 28,528 million SLC | 38,985 million SLC | 10 |
| 1990s | 24,322 million SLC | 11,107 million SLC | 36,251 million SLC | 10 |
| 2000s | 1.43 million million SLC | 22,774 million SLC | 2.00 million million SLC | 10 |
| 2010s | 1.70 million million SLC | 1.41 million million SLC | 1.88 million million SLC | 10 |
| 2020s | 1.76 million million SLC | 1.67 million million SLC | 1.84 million million SLC | 4 |
Countries ranked near Democratic People's Republic of Korea
- 5 United Republic of Tanzania 190.86 million million SLC compare
- 5 Uzbekistan 1.07 billion million SLC compare
- 6 Democratic Republic of the Congo 159.33 million million SLC compare
- 6 Japan 627.86 million million SLC compare
- 7 Iraq 306.16 million million SLC compare
- 7 Türkiye 26.28 million million SLC compare
- 8 Paraguay 302.95 million million SLC compare
- 9 India 291.04 million million SLC compare
- 9 Venezuela (Bolivarian Republic of) 1.03 million million SLC compare
- 10 Chile 267.52 million million SLC compare
- 10 Republic of Moldova 310,048 million SLC compare
- 11 Bolivia (Plurinational State of) 304,525 million SLC compare
- 11 Somalia 265.54 million million SLC compare
More economy & growth data for Democratic People's Republic of Korea
- Gross Domestic Product — Annual growth US$ 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$, 2015 prices 15,550 million USD (2024)
- Gross Domestic Product — Annual growth Standard Local Currency 2 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 0.8713 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 1.69 % (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices 110.33 SLC (2024)
Frequently asked questions
- What is gross national income — value standard local currency in Democratic People's Republic of Korea?
- Gross national income — value standard local currency in Democratic People's Republic of Korea was 1.84 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Democratic People's Republic of Korea?
- The highest recorded value was 2.00 million million SLC in 2007.
- What is the lowest gross national income — value standard local currency recorded in Democratic People's Republic of Korea?
- The lowest recorded value was 11,107 million SLC in 1995.
- How does Democratic People's Republic of Korea rank for gross national income — value standard local currency?
- Democratic People's Republic of Korea ranks 8th out of 13 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Democratic People's Republic of Korea?
- Over the last ten years it is up 12.0%. 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 — Value 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).