World Factbook
North Korea
Choson-minjujuui-inmin-konghwaguk
Last updated: 2026-03-28 (today)
Industries
military products; machine building, electric power, chemicals; mining (coal, iron ore, limestone, magnesite, graphite, copper, zinc, lead, and precious metals), metallurgy; textiles, food processing; tourism
Labor force
17.637 million (2024 est.)
note: number of people ages 15 or older who are employed or seeking work
Exchange rates
Currency
North Korean won (KPW) per US dollar (average market rate)
Exchange rates 2015
130 (2015 est.)
Exchange rates 2016
130 (2016 est.)
Exchange rates 2017
135 (2017 est.)
Economic overview
one of the last centrally planned economies; hard hit by COVID-19, crop failures, international sanctions, and isolationist policies; declining growth and trade, and heavily reliant on China; poor exchange rate stability; economic data integrity issues
Unemployment rate
note
note: % of labor force seeking employment
Unemployment rate 2022
2.9% (2022 est.)
Unemployment rate 2023
2.9% (2023 est.)
Unemployment rate 2024
2.9% (2024 est.)
Exports - partners
China 74%, Poland 3%, Senegal 3%, Angola 3%, Austria 3% (2023)
note: top five export partners based on percentage share of exports
Imports - partners
China 97%, Togo 1%, Peru 1%, Gabon 1%, India 0% (2023)
note: top five import partners based on percentage share of imports
Real GDP per capita
note
note: data in 2015 dollars
Real GDP per capita 2021
$600 (2021 est.)
Real GDP per capita 2022
$600 (2022 est.)
Real GDP per capita 2023
$600 (2023 est.)
Agricultural products
maize, vegetables, rice, apples, cabbages, fruits, sweet potatoes, potatoes, beans, soybeans (2023)
note: top ten agricultural products based on tonnage
Exports - commodities
fake hair, iron alloys, tungsten ore, electricity, cars (2023)
note: top five export commodities based on value in dollars
Imports - commodities
processed hair, plastic products, garments, fabric, soybean oil (2023)
note: top five import commodities based on value in dollars
GDP (official exchange rate)
$16.447 billion (2023 est.)
note: data in current dollars at official exchange rate
Real GDP (purchasing power parity)
note
note: data in 2015 dollars
Real GDP (purchasing power parity) 2021
$14.982 billion (2021 est.)
Real GDP (purchasing power parity) 2022
$14.959 billion (2022 est.)
Real GDP (purchasing power parity) 2023
$15.416 billion (2023 est.)
Youth unemployment rate (ages 15-24)
male
6.1% (2024 est.)
note
note: % of labor force ages 15-24 seeking employment
total
6.8% (2024 est.)
female
7.4% (2024 est.)