North Korea's economy expanded by 3.5% in 2025, easing slightly from an eight-year high of 3.7% in the previous year but marking a third consecutive year of growth above 3%. The expansion was driven by stronger economic cooperation with Russia, rising trade with China, and the government's push for state-led development projects. Manufacturing activity also benefited from increased export demand for North Korean weapons, while higher numbers of Russian tourists and expanded transport links supported the services sector. As a result, the country's economic output was estimated to have exceeded its 2017 level, before UN sanctions on Pyongyang took full effect. source: Bank of Korea
The Gross Domestic Product (GDP) in North Korea expanded 3.50 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in North Korea averaged -0.33 percent from 1990 until 2025, reaching an all time high of 6.10 percent in 1999 and a record low of -6.50 percent in 1997. 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 - values, historical data and charts - was last updated on September of 2026.
The Gross Domestic Product (GDP) in North Korea expanded 3.50 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in North Korea is expected to reach 3.00 percent by the end of 2026, 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 2.90 percent in 2027 and 2.60 percent in 2028, according to our econometric models.