The Gross Domestic Product (GDP) in North Korea contracted 4.10 percent in 2018 from the previous year.
GDP Annual Growth Rate in North Korea averaged -0.61 percent from 1990 until 2018, reaching an all time high of 6.10 percent in 1999 and a record low of -6.50 percent in 1997. This page provides - North Korea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. North Korea GDP Annual Growth Rate - values, historical data and charts - was last updated on July of 2020.
GDP Annual Growth Rate in North Korea is expected to reach -5.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Korea GDP Annual Growth Rate is projected to trend around -1.00 percent in 2021 and 1.30 percent in 2022, according to our econometric models.