Markets Actual Q4 Q1 Q2 Q3 2021
Currency 130.00 130 130 130 130 130

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 0.40 -5.5 -1 -1 -1 -1

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 0.40 -5.5 -1 -1 -1 -1
GDP Constant Prices (KPW Billion) 32918.90 31597 29184 30573 30573 32007
GDP From Agriculture (KPW Billion) 7441.20 7212 6662 6979 6979 7306
GDP From Construction (KPW Billion) 2915.60 2552 2357 2469 2469 2585
GDP From Manufacturing (KPW Billion) 6116.70 6340 5856 6135 6135 6422
GDP From Mining (KPW Billion) 3292.70 4364 4031 4223 4223 4421
GDP From Public Administration (KPW Billion) 8160.00 7119 6576 6889 6889 7212
GDP From Services (KPW Billion) 11301.40 9831 9080 9513 9513 9959
GDP From Transport (KPW Billion) 730.90 748 691 724 724 758
GDP From Utilities (KPW Billion) 1853.50 1184 1094 1146 1146 1199

Labour Actual Q4 Q1 Q2 Q3 2021
Population (Million) 25.66 25.79 25.79 25.79 25.79 25.91
Unemployment Rate (%) 3.30 3.6 3.7 3.7 3.7 3.7

Trade Actual Q4 Q1 Q2 Q3 2021
Exports (USD Million) 1844.50 1624 1624 1624 1624 1624
Imports (USD Million) 3532.51 3303 3303 3303 3303 3303
Balance of Trade (USD Million) -1688.00 -1679 -1679 -1679 -1679 -1679

Taxes Actual Q4 Q1 Q2 Q3 2021
Sales Tax Rate (%) 15.00 15 15 15 15 15


This page has economic forecasts for North Korea including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the North Korea economy.