Jamaica vs North Korea: Economic Indicators Comparison
North Korea with a GDP of $43.3B ranked the 89th largest economy in the world, while Jamaica ranked 122nd with $15.7B. By GDP 5-years average growth and GDP per capita, North Korea and Jamaica ranked 172nd vs 153rd and 154th vs 106th, respectively.
Gross Domestic Product & Income
Stat | Jamaica | North Korea |
---|---|---|
GDP | $15.7B | $43.3B |
GDP growth, 1 year | 1.4% | -4.1% |
GDP growth, 5-years average | 1% | -0.8% |
Population | 2.9M | 25.5M |
GDP per capita | $5.4k | $1.7k |
GDP per capita growth | 1.45% | N/A |
Purchasing Power Parity conversion factor | 73.98 | N/A |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.57 | N/A |
GDP per capita, PPP adjusted | $9.4k | $1.7k |
GNI, Atlas method | $14.6B | N/A |
GNI per capita | $5k | N/A |
GNI, PPP adjusted | $26.1B | N/A |
GNI per capita, PPP adjusted | $8.9k | N/A |
Financial system and Human development
Stat | Jamaica | North Korea |
---|---|---|
Income Tax Rate | 25% | N/A |
Corporate Tax Rate | 25% | N/A |
Inflation, consumer prices | 3.7% | N/A |
Inflation, GDP deflator | 4.8% | N/A |
Unemployment | 9.5% | 3.3% |
Economic Freedom Index | 68.5 | 4.2 |
Personal Freedom Index | 7.29 | 1.4 |
Human Freedom Index | 7.16 | 1.4 |
Property Rights Index | 62.1 | 20.1 |
Judical Effectiveness Index | 50.5 | 5 |
Business Freedom Index | 77.7 | 5 |
Fiscal Health Index | 80.2 | 0 |
Labor Freedom Index | 74 | 5 |
Investment Freedom Index | 80 | 0 |
Financial Freedom Index | 50 | 0 |
Trade Freedom Index | 68.4 | 0 |
Monetary Freedom Index | 77.7 | 0 |
Government Spending Index | 74.8 | 0 |
Tax Burden Index | 80 | 0 |
Government Integrity Index | 46.8 | 15.1 |
Corruption Perceptions Index | 44 | 14 |
Life expectancy at birth, years | 74.3 | 71.9 |
Suicide mortality rate, per 100,000 people | 2.2 | 11.2 |
Mortality caused by road traffic injury, per 100,000 people | 13.6 | 20.8 |
Intentional homicides, per 100,000 people | 57 | 4.4 |
International tourism, number of arrivals | 2.5M | N/A |
Government debt & reserves
Stat | Jamaica | North Korea |
---|---|---|
Central government debt, % of GDP | 99.4% | N/A |
External debt stocks, % of GNI | 108% | N/A |
External debt stocks | $16.3B | N/A |
Short-term debt, % of total reserves | 56.4% | N/A |
Total debt service, % of exports and primary income | 20.4% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 15.9% | N/A |
Gross savings, % of GDP | 21.3% | N/A |
Gross capital formation, % of GDP | 23.3% | N/A |
Total reserves including gold | $3.5B | N/A |
Foreign direct investment net inflows | $774.6M | $52M |
Exports, imports and economic structure
Stat | Jamaica | North Korea |
---|---|---|
Exports of goods and services, % of GDP | 38% | N/A |
Imports of goods and services, % of GDP | 51.1% | N/A |
Current account balance (balance of payments) | -$287.6M | N/A |
Revenue excluding grants, % of GDP | 29.3% | N/A |
Grants excluding technical cooperation, BoP | $96.8M | $118.5M |
Personal remittances received | $2.5B | N/A |
Industry including construction value added, % of GDP | 20.3% | N/A |
Agriculture, forestry and fishing value added, % of GDP | 6.6% | N/A |
Charges for the use of intellectual property, payments BoP | $50.8M | N/A |
Charges for the use of intellectual property, receipts BoP | $5.3M | N/A |
Expense, % of GDP | 26.7% | N/A |
Government Expenditure, % of GDP | 29% | N/A |