Markets Actual Q3 Q4 Q1 Q2 2022
Currency 130.00 130 130 130 130 130

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) -4.50 -1 -1 -1 -1 -1

GDP Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) -4.50 -1 -1 -1 -1 -1
GDP Constant Prices (KPW Billion) 32918.90 31597 32007 32007 32007 32007
GDP From Agriculture (KPW Billion) 7441.20 7212 7306 7306 7306 7306
GDP From Construction (KPW Billion) 2915.60 2552 2585 2585 2585 2585
GDP From Manufacturing (KPW Billion) 6116.70 6340 6422 6422 6422 6422
GDP From Mining (KPW Billion) 3292.70 4364 4421 4421 4421 4421
GDP From Public Administration (KPW Billion) 8160.00 7119 7212 7212 7212 7212
GDP From Services (KPW Billion) 11301.40 9831 9959 9959 9959 9959
GDP From Transport (KPW Billion) 864.90 748 758 758 758 758
GDP From Utilities (KPW Billion) 1853.50 1184 1199 1199 1199 1199

Labour Actual Q3 Q4 Q1 Q2 2022
Population (Million) 25.77 25.79 25.91 25.91 25.91 26.03
Unemployment Rate (%) 4.70 3.7 3.7 3.4 3.4 3.4

Trade Actual Q3 Q4 Q1 Q2 2022
Exports (USD Million) 156.87 1624 1624 1624 1624 1624
Imports (USD Million) 558.07 3303 3303 3303 3303 3303
Balance of Trade (USD Million) -401.20 -1679 -1679 -1679 -1679 -1679

Taxes Actual Q3 Q4 Q1 Q2 2022
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.