Value Added (Total Manufacturing) — Value US$, 2015 prices in Democratic People's Republic of Korea
Democratic People's Republic of Korea: Value Added (Total Manufacturing) — Value US$, 2015 prices was 2,744 million USD in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value US$, 2015 prices in Democratic People's Republic of Korea, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Democratic People's Republic of Korea stood at 2,744 million USD.
That represents a change of up 5.9% on the previous year and down 19.7% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Democratic People's Republic of Korea peaked at 6,198 million USD in 1990 and was at its lowest, 2,193 million USD, in 1970.
That places Democratic People's Republic of Korea 11th out of 20 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices in Democratic People's Republic of Korea, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 2,193 million USD | — |
| 1971 | 2,422 million USD | +10.4% |
| 1972 | 2,673 million USD | +10.4% |
| 1973 | 2,952 million USD | +10.4% |
| 1974 | 3,258 million USD | +10.4% |
| 1975 | 3,597 million USD | +10.4% |
| 1976 | 3,745 million USD | +4.1% |
| 1977 | 3,898 million USD | +4.1% |
| 1978 | 4,058 million USD | +4.1% |
| 1979 | 4,225 million USD | +4.1% |
| 1980 | 4,398 million USD | +4.1% |
| 1981 | 4,561 million USD | +3.7% |
| 1982 | 4,729 million USD | +3.7% |
| 1983 | 4,904 million USD | +3.7% |
| 1984 | 5,086 million USD | +3.7% |
| 1985 | 5,274 million USD | +3.7% |
| 1986 | 5,348 million USD | +1.4% |
| 1987 | 5,423 million USD | +1.4% |
| 1988 | 5,498 million USD | +1.4% |
| 1989 | 5,575 million USD | +1.4% |
| 1990 | 6,198 million USD | +11.2% |
| 1991 | 5,339 million USD | -13.9% |
| 1992 | 4,361 million USD | -18.3% |
| 1993 | 4,275 million USD | -2.0% |
| 1994 | 4,106 million USD | -3.9% |
| 1995 | 3,890 million USD | -5.3% |
| 1996 | 3,578 million USD | -8.0% |
| 1997 | 2,923 million USD | -18.3% |
| 1998 | 2,846 million USD | -2.6% |
| 1999 | 3,070 million USD | +7.9% |
| 2000 | 3,114 million USD | +1.4% |
| 2001 | 3,213 million USD | +3.2% |
| 2002 | 3,165 million USD | -1.5% |
| 2003 | 3,252 million USD | +2.7% |
| 2004 | 3,262 million USD | +0.3% |
| 2005 | 3,420 million USD | +4.8% |
| 2006 | 3,435 million USD | +0.4% |
| 2007 | 3,460 million USD | +0.7% |
| 2008 | 3,549 million USD | +2.6% |
| 2009 | 3,441 million USD | -3.0% |
| 2010 | 3,429 million USD | -0.3% |
| 2011 | 3,327 million USD | -3.0% |
| 2012 | 3,378 million USD | +1.6% |
| 2013 | 3,415 million USD | +1.1% |
| 2014 | 3,443 million USD | +0.8% |
| 2015 | 3,327 million USD | -3.4% |
| 2016 | 3,487 million USD | +4.8% |
| 2017 | 3,245 million USD | -6.9% |
| 2018 | 2,949 million USD | -9.1% |
| 2019 | 2,918 million USD | -1.1% |
| 2020 | 2,807 million USD | -3.8% |
| 2021 | 2,716 million USD | -3.3% |
| 2022 | 2,592 million USD | -4.6% |
| 2023 | 2,744 million USD | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,302 million USD | 2,193 million USD | 4,225 million USD | 10 |
| 1980s | 5,080 million USD | 4,398 million USD | 5,575 million USD | 10 |
| 1990s | 4,059 million USD | 2,846 million USD | 6,198 million USD | 10 |
| 2000s | 3,331 million USD | 3,114 million USD | 3,549 million USD | 10 |
| 2010s | 3,292 million USD | 2,918 million USD | 3,487 million USD | 10 |
| 2020s | 2,715 million USD | 2,592 million USD | 2,807 million USD | 4 |
Countries ranked near Democratic People's Republic of Korea
- 8 Democratic Republic of the Congo 7,725 million USD compare
- 8 Mexico 271,176 million USD compare
- 9 France 267,645 million USD compare
- 9 United Republic of Tanzania 6,253 million USD compare
- 10 Bolivia (Plurinational State of) 4,000 million USD compare
- 10 USSR 265,509 million USD compare
- 11 Indonesia 234,192 million USD compare
- 12 Russian Federation 201,235 million USD compare
- 12 Melanesia 2,267 million USD compare
- 13 Brazil 181,185 million USD compare
- 13 Lao People's Democratic Republic 1,842 million USD compare
- 14 Ireland 167,316 million USD compare
- 14 Venezuela (Bolivarian Republic of) 1,544 million USD 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 us$, 2015 prices in Democratic People's Republic of Korea?
- Value added (total manufacturing) — value us$, 2015 prices in Democratic People's Republic of Korea was 2,744 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Democratic People's Republic of Korea?
- The highest recorded value was 6,198 million USD in 1990.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Democratic People's Republic of Korea?
- The lowest recorded value was 2,193 million USD in 1970.
- How does Democratic People's Republic of Korea rank for value added (total manufacturing) — value us$, 2015 prices?
- Democratic People's Republic of Korea ranks 11th out of 20 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices 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 US$, 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).