North Korea's GDP: Recent Trends and Estimates
2024 GDP Projections
North Korea's GDP is projected to reach 2124 USD Billion by the end of 2024, according to the latest estimates.
Historical Data and Estimates
In 2015, North Korea's real GDP was estimated at 30805 billion South Korean won. Since then, various estimates have been published, including:
- 2022 GDP: 0.00B (NAN decline from 2021)
- 2021 GDP: 0.00B (NAN decline from 2020)
Military Spending
Defense spending is a top priority for the North Korean regime. Between 2010 and 2020, military expenditures accounted for an estimated 20-30% of North Korea's GDP.
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