Value Added (Total Manufacturing) — Value US$ in Democratic People's Republic of Korea
Democratic People's Republic of Korea: Value Added (Total Manufacturing) — Value US$ was 3,557 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$ in Democratic People's Republic of Korea, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Democratic People's Republic of Korea recorded 3,557 million USD for value added (total manufacturing) — value us$ in 2023.
The figure is up 11.8% on the previous year and down 3.0% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Democratic People's Republic of Korea peaked at 4,673 million USD in 1990 and was at its lowest, 1,092 million USD, in 1995.
That places Democratic People's Republic of Korea 12th out of 20 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$ in Democratic People's Republic of Korea, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,317 million USD | — |
| 1971 | 1,454 million USD | +10.4% |
| 1972 | 1,605 million USD | +10.4% |
| 1973 | 1,772 million USD | +10.4% |
| 1974 | 1,957 million USD | +10.4% |
| 1975 | 2,160 million USD | +10.4% |
| 1976 | 2,249 million USD | +4.1% |
| 1977 | 2,341 million USD | +4.1% |
| 1978 | 2,437 million USD | +4.1% |
| 1979 | 2,537 million USD | +4.1% |
| 1980 | 2,641 million USD | +4.1% |
| 1981 | 2,738 million USD | +3.7% |
| 1982 | 3,440 million USD | +25.6% |
| 1983 | 3,436 million USD | -0.1% |
| 1984 | 3,275 million USD | -4.7% |
| 1985 | 3,228 million USD | -1.4% |
| 1986 | 3,650 million USD | +13.1% |
| 1987 | 3,847 million USD | +5.4% |
| 1988 | 3,794 million USD | -1.4% |
| 1989 | 4,216 million USD | +11.1% |
| 1990 | 4,673 million USD | +10.8% |
| 1991 | 3,963 million USD | -15.2% |
| 1992 | 3,063 million USD | -22.7% |
| 1993 | 2,654 million USD | -13.3% |
| 1994 | 1,963 million USD | -26.1% |
| 1995 | 1,092 million USD | -44.4% |
| 1996 | 2,218 million USD | +103.2% |
| 1997 | 1,944 million USD | -12.4% |
| 1998 | 1,954 million USD | +0.5% |
| 1999 | 1,879 million USD | -3.8% |
| 2000 | 1,878 million USD | -0.0% |
| 2001 | 1,990 million USD | +6.0% |
| 2002 | 1,961 million USD | -1.4% |
| 2003 | 2,041 million USD | +4.1% |
| 2004 | 2,067 million USD | +1.3% |
| 2005 | 2,476 million USD | +19.8% |
| 2006 | 2,679 million USD | +8.2% |
| 2007 | 2,873 million USD | +7.2% |
| 2008 | 3,007 million USD | +4.7% |
| 2009 | 2,662 million USD | -11.5% |
| 2010 | 3,056 million USD | +14.8% |
| 2011 | 3,443 million USD | +12.7% |
| 2012 | 3,486 million USD | +1.2% |
| 2013 | 3,667 million USD | +5.2% |
| 2014 | 3,710 million USD | +1.2% |
| 2015 | 3,327 million USD | -10.3% |
| 2016 | 3,456 million USD | +3.9% |
| 2017 | 3,485 million USD | +0.8% |
| 2018 | 3,280 million USD | -5.9% |
| 2019 | 3,048 million USD | -7.1% |
| 2020 | 2,749 million USD | -9.8% |
| 2021 | 3,062 million USD | +11.4% |
| 2022 | 3,182 million USD | +3.9% |
| 2023 | 3,557 million USD | +11.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,983 million USD | 1,317 million USD | 2,537 million USD | 10 |
| 1980s | 3,426 million USD | 2,641 million USD | 4,216 million USD | 10 |
| 1990s | 2,540 million USD | 1,092 million USD | 4,673 million USD | 10 |
| 2000s | 2,364 million USD | 1,878 million USD | 3,007 million USD | 10 |
| 2010s | 3,396 million USD | 3,048 million USD | 3,710 million USD | 10 |
| 2020s | 3,138 million USD | 2,749 million USD | 3,557 million USD | 4 |
Countries ranked near Democratic People's Republic of Korea
- 9 Brazil 290,394 million USD compare
- 9 Democratic Republic of the Congo 12,447 million USD compare
- 10 United Kingdom of Great Britain and Northern Ireland 279,780 million USD compare
- 10 United Republic of Tanzania 5,677 million USD compare
- 11 Bolivia (Plurinational State of) 4,597 million USD compare
- 11 Russian Federation 259,894 million USD compare
- 12 Indonesia 255,962 million USD compare
- 13 USSR 224,996 million USD compare
- 13 Melanesia 2,200 million USD compare
- 14 Canada 197,432 million USD compare
- 14 Republic of Moldova 1,599 million USD compare
- 15 Lao People's Democratic Republic 1,502 million USD compare
- 15 Spain 176,454 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$ in Democratic People's Republic of Korea?
- Value added (total manufacturing) — value us$ in Democratic People's Republic of Korea was 3,557 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Democratic People's Republic of Korea?
- The highest recorded value was 4,673 million USD in 1990.
- What is the lowest value added (total manufacturing) — value us$ recorded in Democratic People's Republic of Korea?
- The lowest recorded value was 1,092 million USD in 1995.
- How does Democratic People's Republic of Korea rank for value added (total manufacturing) — value us$?
- Democratic People's Republic of Korea ranks 12th out of 20 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Democratic People's Republic of Korea?
- Over the last ten years it is down 3.0%. The long-run trend across the full record is rising.
- 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$. 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).