North Korea’s Economy Economic Data Korea Economic Institute Washington, DC keia
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North Korea’s Economy Economic Data Korea Economic Institute Washington, DC www.keia.org October 2007 V2
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North Korea’s Economy Economic Data Korea Economic Institute Washington, DC www.keia.org October 2007 V2. Nominal and Per Capita GNI. Source: Bank of Korea. Population and Per Capita GNI. Source: Bank of Korea. GDP Growth. Source: Bank of Korea. - PowerPoint PPT Presentation
Transcript of North Korea’s Economy Economic Data Korea Economic Institute Washington, DC keia
North Korea’s EconomyEconomic Data
Korea Economic InstituteWashington, DCwww.keia.org
October 2007 V2
Nominal and Per Capita GNI
Source: Bank of Korea
Population and Per Capita GNI
Source: Bank of Korea
Source: Bank of Korea
GDP Growth
Industrial Structure in 2006 (Percentage of Total GDP)
Source: Bank of Korea
Agriculture,Foresty,Fishery23%
Mining10%
Manufacturing19%
Electricity,Gas & water5%
Construction9%
Services34%
GDP Growth Rates by Industry
Source: Bank of Korea
North Korea’s External Trade
Source: KOTRA
1.41
1.621.53
1.61
1.84
2.003
0.560.65
0.74 0.78
1.02 0.998
1.97
3.001
2.39
2.86
2.27 2.27
0
0.5
1
1.5
2
2.5
3
3.5
2000 2001 2002 2003 2004 2005
Year
USD
(Bill
ions
)
Imports Exports Total
Trade with Major Trading Partners (2005)
Source: KOTRA
715.5
205
340
133
73.3
224.4
1081
62.5
131
7.9
499.2
6.70
100
200
300
400
500
600
700
800
900
1000
1100
1200
China South Korea* Japan Russia Thailand Singapore
Major Trading Partners
USD
(Mill
ions
)
Imports Exports
Source: KOTRA
Trade with Major Trading Partners Trade with Major Trading Partners (2004)(2004)
800
446
89
206239
55
134
586
249
163
7
91
2 10
100
200
300
400
500
600
700
800
900
China South Korea* Japan Russia Thailand Singapore India
Major Trading Partners
USD
(Mill
ions
)
Imports Exports
Trade with Major Trading Partners (2003)
Source: KOTRA
628
435
92116
204
158
395
289
174
3
51
20
100
200
300
400
500
600
700
China South Korea* Japan Russia Thailand India
Major Trading Partners
USD
(Mill
ions
)
Imports Exports
Singapore2%
Thailand9%
Russia6%
Japan5%
South Korea28%
China43%
Others7%
North Korea’s Principal Trade Partners (2005)
Source: KOTRA
South Korea23%
Japan9%
Russia4%
Thiland8%
India5%
Others18%
China33%
India 4%Singapore
2%
Thailand 10%
Russia 7%
Japan 8%
South Korea 22%
Others 5%
China 42%
North Korea’s Principal Trade Partners (2003 – 2004)
Source: Ministry of Unification
2003 2004
China25%
South Korea22%
Japan13%
Russia3%
Thailand7%
India7%
Others23%
China28%
South Korea15%
Japan18%
Russia3%
Thailand5%
India6%
Others25%
North Korea’s Principal Trade Partners (2001 – 2002)
Source: Ministry of Unification
2001 2002
272.8226.8
370.2
435.0 439.0
715.5
519.6
233.3
152.4 176.2
271.6 289.3258.0
340.3
830.2
325.4
425.2 403.0
641.7724.2 697.0
1055.8
1349.7
718.2
0
200
400
600
800
1,000
1,200
1,400
1,600
2000 2001 2002 2003 2004 2005 2006 H1 2007
Volu
me
(Mill
ions
USD
)
Year
Series2 Series1 Series3
Inter- Korean Trade
Source: National Statistical Office (2000-2005 data), Ministry of Unification (2006 data)
51.5 67.693.7
62.8 72.8
120.995.0
349.9
409.7
233.3
78.1
144.3179.1 164.0
297.4333.8 345.0
365.9
420.5
159.4129.6
211.9
272.8226.8
370.2
454.7 440.0
715.7
830.2
392.7
0
100
200
300
400
500
600
700
800
900
1998 1999 2000 2001 2002 2003 2004 2005 2006 H1 2007
Volu
me
(Mill
ions
USD
)
ROK Com mercial Exports to DPRK ROK Non-Com mercial Exports to DPRK Total ROK Export to DPRK
South Korean Exports to North Korea By Type
Source: Ministry of Unification
Note: Data on ROK commercial export volume and non-commercial export volume are not available for 2005-2006.
South Korea’s Processing-on-Commission Trade with North Korea
Source: Ministry of Unification
