North Korea GDP Annual Growth Rate  1990-2017 | Data | Chart | Calendar

The North Korean economy grew 3.9 percent in 2016, recovering from a 1.1 percent contraction in 2015, according to estimates from the Bank of Korea. It was the strongest growth rate since a 6.1 percent expansion in 1999, driven by mining and energy. Also, exports rose by 4.6 percent, the most since an 11.8 percent jump in 2013, despite international sanctions aimed at curbing its pursuit of nuclear weapons. GDP Annual Growth Rate in North Korea averaged -0.36 percent from 1990 until 2016, reaching an all time high of 6.10 percent in 1999 and a record low of -6.30 percent in 1997.

North Korea GDP Annual Growth Rate
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North Korea GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 3.90 -1.10 6.10 -6.30 percent [+]
GDP 16.12 17.40 17.40 4.85 USD Billion [+]
Gdp Constant Prices 31996.60 30804.90 35026.90 24912.40 KPW Billion [+]
Gdp From Agriculture 7144.10 6967.90 7144.10 4980.10 KPW Billion [+]
Gdp From Construction 2608.70 2576.50 3494.90 1480.00 KPW Billion [+]
Gdp From Manufacturing 6657.90 6353.10 11834.90 5434.90 KPW Billion [+]
Gdp From Mining 4790.40 4418.00 5732.00 3084.00 KPW Billion [+]
Gdp From Public Administration 6904.40 6860.60 6904.40 5668.90 KPW Billion [+]
Gdp From Services 9561.60 9505.20 9561.60 7877.30 KPW Billion [+]
Gdp From Transport 762.80 764.40 764.40 746.10 KPW Billion [+]
Gdp From Utilities 1192.50 975.40 1318.70 815.00 KPW Billion [+]


North Korea GDP Annual Growth Rate

In 2015, the services sector accounted for 32.2 percent of total GDP, with government services reaching 23.3 percent. The agricultural sector recorded the second largest share (21.6 percent), followed by manufacturing (20.4 percent); mining (12.2 percent); construction (9 percent) and electricity, gas and water supply (4.5 percent), according to estimates from the central bank of South Korea. 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 - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.90 -1.10 6.10 -6.30 1990 - 2016 percent Yearly




GDP annual growth rate by Country
Country Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.06 Sep/17
Canada 3.70 Jun/17
South Korea 3.60 Sep/17
Spain 3.10 Sep/17
Netherlands 3.00 Sep/17
Germany 2.80 Sep/17
Euro Area 2.50 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Australia 1.80 Jun/17
Italy 1.80 Sep/17
Russia 1.80 Sep/17
Japan 1.70 Sep/17
Mexico 1.60 Sep/17
United Kingdom 1.50 Sep/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17