North Korea GDP Annual Growth Rate

The Gross Domestic Product (GDP) in North Korea expanded 2.70 percent in 2018 from the previous year. GDP Annual Growth Rate in North Korea averaged 0.10 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.

GDP Annual Growth Rate in North Korea is expected to be 1.00 percent by the end of this quarter, 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 1.30 percent in 2020, according to our econometric models.

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North Korea GDP	Last	Previous	Highest	Lowest	Unit
GDP Annual Growth Rate	2.70	3.10	6.10	-6.50	percent	[+]
GDP	17.36	16.79	17.40	4.85	USD Billion	[+]
GDP Constant Prices	30882.30	31996.60	35026.90	24912.40	KPW Billion	[+]
GDP From Agriculture	7049.40	7144.10	7144.10	4980.10	KPW Billion	[+]
GDP From Construction	2494.00	2608.70	3494.90	1480.00	KPW Billion	[+]
GDP From Manufacturing	6196.60	6657.90	11834.90	5434.90	KPW Billion	[+]
GDP From Mining	4265.50	4790.40	5732.00	3084.00	KPW Billion	[+]
GDP From Public Administration	6958.40	6904.40	6958.40	5668.90	KPW Billion	[+]
GDP From Services	9608.80	9561.60	9608.80	7877.30	KPW Billion	[+]
GDP From Transport	730.90	762.80	764.40	730.90	KPW Billion	[+]
GDP From Utilities	1157.30	1192.50	1318.70	815.00	KPW Billion	[+]

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 July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.70	3.10	6.10	-6.50	1990 - 2018	percent	Yearly

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Country	Last		Previous	Range
China	6.20	Jun/19	6.4	15.4 : 3.8	%
India	5.80	Mar/19	6.6	11.4 : -5.2	%
Indonesia	5.07	Mar/19	5.18	7.16 : 1.56	%
United States	3.20	Mar/19	3	13.4 : -3.9	%
Spain	2.40	Mar/19	2.3	5.6 : -4.3	%
Australia	1.80	Mar/19	2.3	8.3 : -3.5	%
United Kingdom	1.80	Mar/19	1.4	9.7 : -6.1	%
Netherlands	1.70	Mar/19	2.2	6.1 : -4.6	%
Saudi Arabia	1.70	Mar/19	3.6	24.2 : -20.7	%
South Korea	1.70	Mar/19	2.9	20.8 : -7.3	%
Switzerland	1.70	Mar/19	1.5	5.8 : -3.7	%
Canada	1.30	Mar/19	1.6	9.3 : -4.1	%
Euro Area	1.20	Mar/19	1.2	5 : -5.5	%
France	1.20	Mar/19	1.2	12.6 : -3.8	%
Mexico	1.20	Mar/19	1.7	9 : -9.1	%
Japan	0.90	Mar/19	0.3	9.4 : -8.8	%
Germany	0.70	Mar/19	0.6	7.2 : -6.8	%
Brazil	0.50	Mar/19	1.1	10.1 : -5.5	%
Russia	0.50	Mar/19	2.7	12.1 : -11.2	%
Singapore	0.10	Jun/19	1.1	18.6 : -7.7	%
South Africa	0.00	Mar/19	1.1	7.1 : -2.6	%
Italy	-0.10	Mar/19	0	10.3 : -7.2	%
Turkey	-2.60	Mar/19	-3	11.7 : -14.4	%
Argentina	-5.80	Mar/19	-6.2	16.2 : -16.3	%