North Korea - Forecast | 2016-2020

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 130.51 129 127 126 125 104 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate -1.10 0.8 1 1 1 1.3 percent [+]
Gdp Constant Prices 30804.90 30947 30795 30814 30832 30769 KPW Billion [+]
Gdp From Agriculture 6967.90 7210 7237 7264 7291 7680 KPW Billion [+]
Gdp From Construction 2576.50 2523 2556 2553 2550 2401 KPW Billion [+]
Gdp From Manufacturing 6353.10 6294 6213 6201 6189 6086 KPW Billion [+]
Gdp From Mining 4418.00 4384 4317 4310 4303 4279 KPW Billion [+]
Gdp From Public Administration 6860.60 6888 6901 6916 6931 7022 KPW Billion [+]
Gdp From Services 9505.20 9541 9555 9575 9594 9743 KPW Billion [+]
Gdp From Transport 764.40 779 783 939 1095 72335755 KPW Billion [+]
Gdp From Utilities 975.40 944 905 905 905 839 KPW Billion [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Population 25.16 25.28 25.31 25.34 25.37 25.76 Million [+]
Unemployment Rate 4.10 4.1 4.2 4.2 4.2 4.4 percent [+]
Labor Force Participation Rate 79.50 79.39 79.4 79.4 79.38 79.17 percent [+]
Employed Persons 14717.00 14859 14829 14799 14796 14790 Thousand [+]
Employment Rate 74.20 73.99 73.99 73.99 73.93 73.23 percent [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 55.00 25 23 21 20 10 percent [+]
Inflation Rate Mom 80.00 66.42 66.42 66.42 66.42 66.42 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Terrorism Index 0.00 0 0 0 0 0 [+]
Weapons Sales 1.00 8.23 7.27 6.31 7 7.05 USD Million [+]
Imports 3434.66 3668 3682 3696 3710 3678 USD Million [+]
Exports 2957.99 2822 2744 2666 2588 1964 USD Million [+]
Balance of Trade -476.67 222 220 217 215 609 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Manufacturing Production -3.40 0.21 0.27 0.33 0.4 0.09 percent [+]
Steel Production 1079.00 1105 1076 1071 1066 952 Thousand Tonnes [+]
Industrial Production -3.10 1.76 1.47 1.78 2.09 3.17 percent [+]
Car Production 0.40 0.38 0.38 0.38 0.38 0.36 Ten Thousand Units [+]
Cement Production 6697.00 6710 6686 6689 6692 6764 Thousands of Tonnes [+]
Corruption Index 8.00 8.48 8.46 8.43 8.4 8.34 Points [+]
Corruption Rank 167.00 175 175 174 174 174 [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]





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. 12/9/2016