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Economy of Netherlands vs North Korea compared: GDP & Debt

Updated on by Georank

The Netherlands has a GDP of $1.33T compared to $34.9B for North Korea, ranking 18/197 and 109/197 by economy size, respectively.

Netherlands vs North Korea GDP by year

Netherlands
North Korea
1x
Year GDP, current $
Netherlands North Korea
2025 $1,332,767,651,100 -
2024 $1,213,936,238,063 $34,943,120,000
2023 $1,135,475,867,551 $32,155,360,000
2022 $1,046,540,797,549 $28,971,360,000
2021 $1,054,472,123,450 $32,301,720,000
2020 $932,560,861,701 $27,728,240,000
2019 $928,903,005,576 $28,222,880,000
2018 $929,733,599,797 $28,536,400,000
2017 $848,233,537,846 $29,105,440,000
2016 $797,163,949,290 $28,882,640,000
2015 $775,743,675,303 $30,723,030,000
2014 $901,556,501,756 $30,554,460,000
2013 $883,951,539,007 $30,588,922,000
2012 $845,689,017,066 $29,890,710,000
2011 $913,140,741,333 $29,005,020,000
2010 $852,464,982,433 $25,995,513,000
2009 $878,954,223,140 $23,356,470,000
2008 $957,901,566,041 -
2007 $853,499,460,873 -
2006 $737,593,995,289 -
2005 $688,133,699,636 -
2004 $661,224,886,143 -
2003 $582,435,617,082 -
2002 $475,529,972,123 -
2001 $432,536,219,669 -
2000 $417,649,282,154 -
1999 $447,778,514,140 -
1998 $438,612,530,549 -
1997 $417,506,211,882 -
1996 $451,372,549,020 -
1995 $452,967,334,614 -
1994 $379,688,232,232 -
1993 $354,070,495,966 -
1992 $363,497,050,125 -
1991 $327,982,316,124 -
1990 $318,799,003,994 -
1989 $258,716,904,292 -
1988 $262,295,966,105 -
1987 $245,406,949,521 -
1986 $201,157,708,221 -
1985 $144,057,523,222 -
1984 $144,124,462,912 -
1983 $153,671,294,109 -
1982 $158,712,765,536 -
1981 $164,375,775,854 -
1980 $195,439,301,707 -
1979 $179,933,827,310 -
1978 $156,089,077,205 -
1977 $127,203,923,857 -
1976 $109,329,386,564 -
1975 $100,397,061,694 -
1974 $87,371,810,804 -
1973 $71,946,639,603 -
1972 $54,787,070,173 -
1971 $44,644,730,576 -
1970 $38,220,884,519 -
1969 $34,086,038,090 -
1968 $30,097,635,751 -
1967 $27,143,828,099 -
1966 $24,741,480,717 -
1965 $22,721,869,808 -
1964 $20,232,048,553 -
1963 $17,193,744,109 -
1962 $15,847,582,341 -
1961 $14,599,836,396 -
1960 $13,282,979,015 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/netherlands/north-korea | CC BY

GDP per capita in Netherlands vs North Korea by year

Netherlands
GDP per capita

GDP per capita, PPP
North Korea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Netherlands North Korea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $73,684 - - -
2024 $67,465 $86,174 $1,319 -
2023 $63,516 $81,729 $1,217 -
2022 $59,123 $78,630 $1,100 -
2021 $60,142 $68,574 $1,231 -
2020 $53,468 $62,597 $1,061 -
2019 $53,555 $62,345 $1,084 -
2018 $53,955 $58,819 $1,100 -
2017 $49,514 $56,038 $1,127 -
2016 $46,809 $53,162 $1,124 -
2015 $45,794 $50,957 $1,201 $1,700
2014 $53,457 $49,751 $1,201 $1,800
2013 $52,602 $49,622 $1,208 -
2012 $50,474 $47,653 $1,186 -
2011 $54,702 $47,004 $1,156 $1,800
2010 $51,306 $45,301 $1,040 -
2009 $53,172 $44,959 $939 $1,800
2008 $58,247 $46,714 - $1,800
2007 $52,101 $44,203 - $1,700
2006 $45,124 $41,208 - $1,800
2005 $42,165 $37,778 - $1,700
2004 $40,611 $35,961 - $1,700
2003 $35,897 $34,286 - $1,300
2002 $29,447 $34,568 - $1,000
2001 $26,956 $33,259 - -
2000 $26,225 $31,895 - $1,000
1999 $28,319 $29,316 - $1,000
1998 $27,924 $27,749 - -
1997 $26,745 $26,062 - -
1996 $29,064 $24,564 - -
1995 $29,301 $23,480 - -
1994 $24,683 $22,414 - -
1993 $23,156 $21,443 - -
1992 $23,939 $20,831 - -
1991 $21,764 $20,177 - -
1990 $21,322 $19,203 - -
1989 $17,423 - - -
1988 $17,771 - - -
1987 $16,734 - - -
1986 $13,804 - - -
1985 $9,941 - - -
1984 $9,992 - - -
1983 $10,696 - - -
1982 $11,089 - - -
1981 $11,537 - - -
1980 $13,812 - - -
1979 $12,817 - - -
1978 $11,196 - - -
1977 $9,180 - - -
1976 $7,937 - - -
1975 $7,346 - - -
1974 $6,450 - - -
1973 $5,353 - - -
1972 $4,110 - - -
1971 $3,384 - - -
1970 $2,931 - - -
1969 $2,647 - - -
1968 $2,364 - - -
1967 $2,155 - - -
1966 $1,986 - - -
1965 $1,848 - - -
1964 $1,668 - - -
1963 $1,437 - - -
1962 $1,342 - - -
1961 $1,254 - - -
1960 $1,156 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08); Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-07-08).

GeoRank.org/economy/netherlands/north-korea | CC BY

The Netherlands' GDP per capita is $73,684, ranking 12/197, compared to $1,319 in North Korea, ranking 169/197. Adjusted for purchasing power (GDP per capita PPP), the Netherlands ranks 11th at $86,174, while North Korea ranks 193rd at $1,700.

Economic indicators

Netherlands North Korea
Gross domestic product
$1.33T
2025
$34.9B
2024
GDP rank
18/197
2025
109/197
2024
GDP growth
1.78%
2024-2025
n/a
GDP per capita
$73,684
2025
$1,319
2024
GDP per capita rank
12/197
2025
169/197
2024
GDP per capita, PPP
$86,174
2024
$1,700
2015
GDP per capita PPP rank
11/197
2024
193/197
2015
Government debt
$578B
2025
n/a
Debt-to-GDP ratio
43.3%
2025
n/a
Government debt per person
$31,942
2025
n/a
Government debt per person rank
23/185
2025
n/a
Average annual personal income after taxes
$46,674
2026
$1,707
2026
Market capitalization of domestic companies
$1.1T
2017
n/a
Number of millionaires
1,294,000
2026
n/a
Number of billionaires
13
2026
n/a
Income share by richest 10%
21.4%
2021
n/a
Income share by poorest 10%
3.6%
2021
n/a
Government expenditure, % of GDP
45.1%
2025
n/a
Consumer prices inflation
3.26%
2024-2025
n/a
Unemployment rate
3.9%
2025
25.6%
2013
Population
18243998
26668308

Top exports between countries

Netherlands
Export category Export value
Chemicals & pharma $2.99M
Processed food, beverages & tobacco $653K
Animal & marine products $480K
Raw materials & minerals $139K
Textiles & consumer goods $106K
Raw agricultural goods $99K
Wood & paper products $61K
Precious metals & jewellery $10K
Miscellaneous $5K
North Korea
Export category Export value
Machinery & equipment $1.08M
Chemicals & pharma $117K
Metals $48K
Processed food, beverages & tobacco $48K
Raw agricultural goods $3K

Balance of trade

Netherlands North Korea
Current account balance
$111B
2024
n/a
Current account balance ranking
6/190
2024
n/a
Current account balance, % of GDP
+9.14%
2024
n/a
Goods imports
$606B
2024
n/a
Goods exports
$693B
2024
n/a
Service imports
$262B
2024
n/a
Service exports
$308B
2024
n/a
Imports of goods and services, % of GDP
69.5%
2025
n/a
Exports of goods and services, % of GDP
80.7%
2025
n/a

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Netherlands North Korea
Economic freedom 78.5 3.1
Economic freedom ranking 11/197 197/197
Property rights 96 16.3
Government integrity 86.8 4.3
Judicial effectiveness 96.1 6.3
Tax burden 54 0
Government spending 42.2 0
Fiscal health 95.9 0
Business freedom 85 5
Labor freedom 59.3 5
Monetary freedom 77 0
Trade freedom 79.4 0
Investment freedom 90 0
Financial freedom 80 0

Economic freedom comparison by year

Netherlands
North Korea
1x
Year Economic freedom index
Netherlands North Korea
2026 78.5 3.1
2025 78.2 3
2024 77.3 2.9
2023 78 2.9
2022 79.5 3
2021 76.8 5.2
2020 77 4.2
2019 76.8 5.9
2018 76.2 5.8
2017 75.8 4.9
2016 74.6 2.3
2015 73.7 1.3
2014 74.2 1
2013 73.5 1.5
2012 73.3 1
2011 74.7 1
2010 75 1
2009 77 2
2008 77.4 3
2007 75.5 3
2006 75.4 4
2005 72.9 8
2004 74.5 8.9
2003 74.6 8.9
2002 75.1 8.9
2001 73 8.9
2000 70.4 8.9
1999 70.2 8.9
1998 69.2 8.9
1997 70.4 8.9
1996 69.7 8.9
1995 - 8.9

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/netherlands/north-korea | CC BY

The Economic Freedom Index for the Netherlands is 78.5, ranking 11/197, compared to 3.1 for North Korea, ranking 197/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Netherlands North Korea
Services, % of GDP
70.4%
2025
n/a
Industry, % of GDP
17.7%
2025
n/a
Agriculture, forestry, and fishing, % of GDP
1.68%
2025
n/a
GNI, Atlas method
$1.24T
2025
n/a
GNI per capita, PPP
$85,480
2025
n/a
Total reserves including gold
$118B
2025
n/a
Total reserves ranking
27/177
2025
n/a
Net foreign direct investment
$11.1B
2024
n/a
Net inflows of foreign direct investment
-$17.1B
2024
$203K
1989
Net outflows of foreign direct investment
-$5.93B
2024
$0
2024
Poverty at national poverty lines
14.5%
2021
n/a
Gross capital formation, % of GDP
19.8%
2025
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/netherlands/north-korea | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-07-08)
  5. TradeMap (2022–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Fiscal Monitor (2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.