The Gross Domestic Product (GDP) in North Korea contracted 0.20 percent in the fourth quarter of 2022 over the same quarter of the previous year. GDP Annual Growth Rate in North Korea averaged -0.67 percent from 1990 until 2022, reaching an all time high of 6.10 percent in 1999 and a record low of -6.50 percent in 1997. source: Bank of Korea



Related Last Previous Unit Reference
GDP Annual Growth Rate -0.20 -0.10 percent Dec 2022
GDP Constant Prices 31361.80 31409.50 KPW Billion Dec 2022
GDP from Agriculture 7146.70 7302.30 KPW Billion Dec 2022
GDP from Construction 3073.20 3007.70 KPW Billion Dec 2022
GDP from Manufacturing 5433.50 5693.60 KPW Billion Dec 2022
GDP from Mining 2751.40 2629.20 KPW Billion Dec 2022
GDP from Public Administration 8279.50 8232.30 KPW Billion Dec 2022
GDP from Services 10912.10 10802.50 KPW Billion Dec 2022
GDP from Transport 386.10 327.70 KPW Billion Dec 2022
GDP from Utilities 2064.30 1995.20 KPW Billion Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -0.10 6.10 -6.50 1990 - 2022 percent Yearly