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 391,274 million SLC in 2023. ◆ Volatile
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
The most recent figure for value added (total manufacturing) — value standard local currency in Democratic People's Republic of Korea is 391,274 million SLC, measured in 2023.
The figure is up 13.3% on the previous year and up 7.9% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Democratic People's Republic of Korea peaked at 418,029 million SLC in 2008 and was at its lowest, 2,325 million SLC, in 1995.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Democratic People's Republic of Korea, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 3,385 million SLC | — |
| 1971 | 3,737 million SLC | +10.4% |
| 1972 | 4,126 million SLC | +10.4% |
| 1973 | 4,555 million SLC | +10.4% |
| 1974 | 5,028 million SLC | +10.4% |
| 1975 | 5,551 million SLC | +10.4% |
| 1976 | 5,779 million SLC | +4.1% |
| 1977 | 6,016 million SLC | +4.1% |
| 1978 | 6,262 million SLC | +4.1% |
| 1979 | 6,519 million SLC | +4.1% |
| 1980 | 6,787 million SLC | +4.1% |
| 1981 | 7,038 million SLC | +3.7% |
| 1982 | 7,298 million SLC | +3.7% |
| 1983 | 7,568 million SLC | +3.7% |
| 1984 | 7,848 million SLC | +3.7% |
| 1985 | 8,138 million SLC | +3.7% |
| 1986 | 8,252 million SLC | +1.4% |
| 1987 | 8,368 million SLC | +1.4% |
| 1988 | 8,346 million SLC | -0.3% |
| 1989 | 9,275 million SLC | +11.1% |
| 1990 | 10,140 million SLC | +9.3% |
| 1991 | 8,520 million SLC | -16.0% |
| 1992 | 6,432 million SLC | -24.5% |
| 1993 | 5,601 million SLC | -12.9% |
| 1994 | 4,161 million SLC | -25.7% |
| 1995 | 2,325 million SLC | -44.1% |
| 1996 | 4,768 million SLC | +105.1% |
| 1997 | 4,179 million SLC | -12.4% |
| 1998 | 4,201 million SLC | +0.5% |
| 1999 | 4,039 million SLC | -3.8% |
| 2000 | 4,037 million SLC | -0.0% |
| 2001 | 4,278 million SLC | +6.0% |
| 2002 | 294,208 million SLC | +6776.7% |
| 2003 | 306,168 million SLC | +4.1% |
| 2004 | 310,082 million SLC | +1.3% |
| 2005 | 342,315 million SLC | +10.4% |
| 2006 | 378,643 million SLC | +10.6% |
| 2007 | 399,571 million SLC | +5.5% |
| 2008 | 418,029 million SLC | +4.6% |
| 2009 | 370,004 million SLC | -11.5% |
| 2010 | 308,028 million SLC | -16.8% |
| 2011 | 332,101 million SLC | +7.8% |
| 2012 | 349,492 million SLC | +5.2% |
| 2013 | 362,738 million SLC | +3.8% |
| 2014 | 366,347 million SLC | +1.0% |
| 2015 | 357,861 million SLC | -2.3% |
| 2016 | 372,380 million SLC | +4.1% |
| 2017 | 375,489 million SLC | +0.8% |
| 2018 | 344,092 million SLC | -8.4% |
| 2019 | 327,768 million SLC | -4.7% |
| 2020 | 294,187 million SLC | -10.2% |
| 2021 | 327,591 million SLC | +11.4% |
| 2022 | 345,342 million SLC | +5.4% |
| 2023 | 391,274 million SLC | +13.3% |
Biggest year-on-year movements
Years where Value Added (Total 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 | +6776.7% | 4,278 million SLC | 294,208 million SLC |
| 1996 | +105.1% | 2,325 million SLC | 4,768 million SLC |
| 1995 | -44.1% | 4,161 million SLC | 2,325 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5,096 million SLC | 3,385 million SLC | 6,519 million SLC | 10 |
| 1980s | 7,892 million SLC | 6,787 million SLC | 9,275 million SLC | 10 |
| 1990s | 5,437 million SLC | 2,325 million SLC | 10,140 million SLC | 10 |
| 2000s | 282,734 million SLC | 4,037 million SLC | 418,029 million SLC | 10 |
| 2010s | 349,630 million SLC | 308,028 million SLC | 375,489 million SLC | 10 |
| 2020s | 339,598 million SLC | 294,187 million SLC | 391,274 million SLC | 4 |
Countries ranked near Democratic People's Republic of Korea
- 5 Colombia 171.29 million million SLC compare
- 5 United Republic of Tanzania 13.66 million million SLC compare
- 6 Japan 118.41 million million SLC compare
- 6 Syrian Arab Republic 6.02 million million SLC compare
- 7 Paraguay 60.84 million million SLC compare
- 7 Türkiye 5.19 million million SLC compare
- 8 Cambodia 45.64 million million SLC compare
- 9 India 38.20 million million SLC compare
- 9 Venezuela (Bolivarian Republic of) 184,966 million SLC compare
- 10 Bolivia (Plurinational State of) 31,768 million SLC compare
- 10 Nigeria 36.02 million million SLC compare
- 11 Myanmar 35.08 million million SLC compare
- 11 Republic of Moldova 29,043 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 391,274 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 418,029 million SLC in 2008.
- 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 2,325 million SLC in 1995.
- 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 8th 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 up 7.9%. 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 (Total Manufacturing) — 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).