Value Added (Total Manufacturing) — Value Standard Local Currency in Democratic People's Republic of Korea
Democratic People's Republic of Korea: Value Added (Total Manufacturing) — Value Standard Local Currency was 295,134 million SLC in 2023. ▼ Falling
Value Added (Total 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 million SLC.
Analysis
Democratic People's Republic of Korea recorded 295,134 million SLC for value added (total manufacturing) — value standard local currency in 2023.
The figure is up 5.9% on the previous year and down 19.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Democratic People's Republic of Korea peaked at 666,647 million SLC in 1990 and was at its lowest, 235,924 million SLC, in 1970.
The long-run direction has been consistently falling across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Democratic People's Republic of Korea, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 235,924 million SLC | — |
| 1971 | 260,460 million SLC | +10.4% |
| 1972 | 287,548 million SLC | +10.4% |
| 1973 | 317,453 million SLC | +10.4% |
| 1974 | 350,468 million SLC | +10.4% |
| 1975 | 386,917 million SLC | +10.4% |
| 1976 | 402,781 million SLC | +4.1% |
| 1977 | 419,295 million SLC | +4.1% |
| 1978 | 436,486 million SLC | +4.1% |
| 1979 | 454,382 million SLC | +4.1% |
| 1980 | 473,011 million SLC | +4.1% |
| 1981 | 490,513 million SLC | +3.7% |
| 1982 | 508,662 million SLC | +3.7% |
| 1983 | 527,482 million SLC | +3.7% |
| 1984 | 546,999 million SLC | +3.7% |
| 1985 | 567,238 million SLC | +3.7% |
| 1986 | 575,179 million SLC | +1.4% |
| 1987 | 583,232 million SLC | +1.4% |
| 1988 | 591,397 million SLC | +1.4% |
| 1989 | 599,677 million SLC | +1.4% |
| 1990 | 666,647 million SLC | +11.2% |
| 1991 | 574,255 million SLC | -13.9% |
| 1992 | 469,060 million SLC | -18.3% |
| 1993 | 459,816 million SLC | -2.0% |
| 1994 | 441,660 million SLC | -3.9% |
| 1995 | 418,434 million SLC | -5.3% |
| 1996 | 384,842 million SLC | -8.0% |
| 1997 | 314,429 million SLC | -18.3% |
| 1998 | 306,138 million SLC | -2.6% |
| 1999 | 330,199 million SLC | +7.9% |
| 2000 | 334,960 million SLC | +1.4% |
| 2001 | 345,538 million SLC | +3.2% |
| 2002 | 340,459 million SLC | -1.5% |
| 2003 | 349,777 million SLC | +2.7% |
| 2004 | 350,868 million SLC | +0.3% |
| 2005 | 367,835 million SLC | +4.8% |
| 2006 | 369,471 million SLC | +0.4% |
| 2007 | 372,113 million SLC | +0.7% |
| 2008 | 381,696 million SLC | +2.6% |
| 2009 | 370,082 million SLC | -3.0% |
| 2010 | 368,830 million SLC | -0.3% |
| 2011 | 357,810 million SLC | -3.0% |
| 2012 | 363,366 million SLC | +1.6% |
| 2013 | 367,317 million SLC | +1.1% |
| 2014 | 370,266 million SLC | +0.8% |
| 2015 | 357,861 million SLC | -3.4% |
| 2016 | 375,032 million SLC | +4.8% |
| 2017 | 349,048 million SLC | -6.9% |
| 2018 | 317,230 million SLC | -9.1% |
| 2019 | 313,803 million SLC | -1.1% |
| 2020 | 301,952 million SLC | -3.8% |
| 2021 | 292,097 million SLC | -3.3% |
| 2022 | 278,753 million SLC | -4.6% |
| 2023 | 295,134 million SLC | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 355,171 million SLC | 235,924 million SLC | 454,382 million SLC | 10 |
| 1980s | 546,339 million SLC | 473,011 million SLC | 599,677 million SLC | 10 |
| 1990s | 436,548 million SLC | 306,138 million SLC | 666,647 million SLC | 10 |
| 2000s | 358,280 million SLC | 334,960 million SLC | 381,696 million SLC | 10 |
| 2010s | 354,056 million SLC | 313,803 million SLC | 375,032 million SLC | 10 |
| 2020s | 291,984 million SLC | 278,753 million SLC | 301,952 million SLC | 4 |
Countries ranked near Democratic People's Republic of Korea
- 4 Colombia 117.33 million million SLC compare
- 4 United Republic of Tanzania 12.45 million million SLC compare
- 5 Democratic Republic of the Congo 7.15 million million SLC compare
- 5 Uzbekistan 46.75 million million SLC compare
- 6 Cambodia 45.41 million million SLC compare
- 6 Türkiye 578,214 million SLC compare
- 7 Paraguay 44.72 million million SLC compare
- 8 India 31.02 million million SLC compare
- 8 Syrian Arab Republic 93,512 million SLC compare
- 9 Bolivia (Plurinational State of) 27,637 million SLC compare
- 9 China, mainland 30.03 million million SLC compare
- 10 Republic of Moldova 17,299 million SLC compare
- 10 Uganda 21.63 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 value added (total manufacturing) — value standard local currency in Democratic People's Republic of Korea?
- Value added (total manufacturing) — value standard local currency in Democratic People's Republic of Korea was 295,134 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Democratic People's Republic of Korea?
- The highest recorded value was 666,647 million SLC in 1990.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Democratic People's Republic of Korea?
- The lowest recorded value was 235,924 million SLC in 1970.
- How does Democratic People's Republic of Korea rank for value added (total manufacturing) — value standard local currency?
- Democratic People's Republic of Korea ranks 7th out of 13 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Democratic People's Republic of Korea?
- Over the last ten years it is down 19.7%. The long-run trend across the full record is falling.
- 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 (Total Manufacturing) — Value Standard Local Currency, 2015 prices. 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).