Value Added Deflator (Manufacturing) — Value Standard Local Currency in Democratic People's Republic of Korea
Democratic People's Republic of Korea: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 132.57 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Democratic People's Republic of Korea, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Democratic People's Republic of Korea recorded 132.57 SLC for value added deflator (manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.
That represents a change of up 7.0% on the previous year and up 34.2% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Democratic People's Republic of Korea peaked at 132.57 SLC in 2023 and was at its lowest, 0.5556 SLC, in 1995.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Democratic People's Republic of Korea, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 1.43 SLC | — |
| 1971 | 1.43 SLC | +0.0% |
| 1972 | 1.43 SLC | +0.0% |
| 1973 | 1.43 SLC | +0.0% |
| 1974 | 1.43 SLC | +0.0% |
| 1975 | 1.43 SLC | +0.0% |
| 1976 | 1.43 SLC | +0.0% |
| 1977 | 1.43 SLC | +0.0% |
| 1978 | 1.43 SLC | +0.0% |
| 1979 | 1.43 SLC | +0.0% |
| 1980 | 1.43 SLC | +0.0% |
| 1981 | 1.43 SLC | +0.0% |
| 1982 | 1.43 SLC | +0.0% |
| 1983 | 1.43 SLC | +0.0% |
| 1984 | 1.43 SLC | +0.0% |
| 1985 | 1.43 SLC | +0.0% |
| 1986 | 1.43 SLC | +0.0% |
| 1987 | 1.43 SLC | +0.0% |
| 1988 | 1.41 SLC | -1.6% |
| 1989 | 1.55 SLC | +9.6% |
| 1990 | 1.52 SLC | -1.7% |
| 1991 | 1.48 SLC | -2.5% |
| 1992 | 1.37 SLC | -7.6% |
| 1993 | 1.22 SLC | -11.2% |
| 1994 | 0.942 SLC | -22.7% |
| 1995 | 0.5556 SLC | -41.0% |
| 1996 | 1.24 SLC | +123.0% |
| 1997 | 1.33 SLC | +7.3% |
| 1998 | 1.37 SLC | +3.2% |
| 1999 | 1.22 SLC | -10.9% |
| 2000 | 1.21 SLC | -1.5% |
| 2001 | 1.24 SLC | +2.7% |
| 2002 | 86.42 SLC | +6879.3% |
| 2003 | 87.53 SLC | +1.3% |
| 2004 | 88.38 SLC | +1.0% |
| 2005 | 93.06 SLC | +5.3% |
| 2006 | 102.48 SLC | +10.1% |
| 2007 | 107.38 SLC | +4.8% |
| 2008 | 109.52 SLC | +2.0% |
| 2009 | 99.98 SLC | -8.7% |
| 2010 | 83.51 SLC | -16.5% |
| 2011 | 92.81 SLC | +11.1% |
| 2012 | 96.18 SLC | +3.6% |
| 2013 | 98.75 SLC | +2.7% |
| 2014 | 98.94 SLC | +0.2% |
| 2015 | 100 SLC | +1.1% |
| 2016 | 99.29 SLC | -0.7% |
| 2017 | 107.58 SLC | +8.3% |
| 2018 | 108.47 SLC | +0.8% |
| 2019 | 104.45 SLC | -3.7% |
| 2020 | 97.43 SLC | -6.7% |
| 2021 | 112.15 SLC | +15.1% |
| 2022 | 123.89 SLC | +10.5% |
| 2023 | 132.57 SLC | +7.0% |
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — 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 | +6879.3% | 1.24 SLC | 86.42 SLC |
| 1996 | +123.0% | 0.5556 SLC | 1.24 SLC |
| 1995 | -41.0% | 0.942 SLC | 0.5556 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.43 SLC | 1.43 SLC | 1.43 SLC | 10 |
| 1980s | 1.44 SLC | 1.41 SLC | 1.55 SLC | 10 |
| 1990s | 1.23 SLC | 0.5556 SLC | 1.52 SLC | 10 |
| 2000s | 77.72 SLC | 1.21 SLC | 109.52 SLC | 10 |
| 2010s | 99 SLC | 83.51 SLC | 108.47 SLC | 10 |
| 2020s | 116.51 SLC | 97.43 SLC | 132.57 SLC | 4 |
Countries ranked near Democratic People's Republic of Korea
- 5 Democratic Republic of the Congo 407.17 SLC compare
- 5 Suriname 1,691 SLC compare
- 6 Haiti 571.27 SLC compare
- 6 Lao People's Democratic Republic 177.49 SLC compare
- 7 Angola 538.74 SLC compare
- 7 Republic of Moldova 167.89 SLC compare
- 8 Libya 505.58 SLC compare
- 9 Timor-Leste 122.52 SLC compare
- 9 Uzbekistan 444.52 SLC compare
- 10 Sierra Leone 408.26 SLC compare
- 10 Viet Nam 118.81 SLC compare
- 11 Bolivia (Plurinational State of) 114.95 SLC compare
- 11 Nigeria 391.35 SLC 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 value added deflator (manufacturing) — value standard local currency in Democratic People's Republic of Korea?
- Value added deflator (manufacturing) — value standard local currency in Democratic People's Republic of Korea was 132.57 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Democratic People's Republic of Korea?
- The highest recorded value was 132.57 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Democratic People's Republic of Korea?
- The lowest recorded value was 0.5556 SLC in 1995.
- How does Democratic People's Republic of Korea rank for value added deflator (manufacturing) — value standard local currency?
- Democratic People's Republic of Korea ranks 8th out of 13 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Democratic People's Republic of Korea?
- Over the last ten years it is up 34.2%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).