North Korea vs North Macedonia: Economic Indicators Comparison

North Korea with a GDP of $43.3B ranked the 89th largest economy in the world, while North Macedonia ranked 135th with $12.7B. By GDP 5-years average growth and GDP per capita, North Korea and North Macedonia ranked 172nd vs 110th and 154th vs 100th, respectively.

Gross Domestic Product & Income

StatNorth KoreaNorth Macedonia
GDP$43.3B$12.7B
GDP growth, 1 year-4.1%2.7%
GDP growth, 5-years average-0.8%2.6%
Population25.5M2.1M
GDP per capita$1.7k$6.1k
GDP per capita growthN/A2.62%
Purchasing Power Parity conversion factorN/A19.38
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.37
GDP per capita, PPP adjusted$1.7k$16k
GNI, Atlas methodN/A$11.4B
GNI per capitaN/A$5.5k
GNI, PPP adjustedN/A$32.6B
GNI per capita, PPP adjustedN/A$16k

Financial system and Human development

StatNorth KoreaNorth Macedonia
Income Tax RateN/A10%
Corporate Tax RateN/A10%
Inflation, consumer pricesN/A1.5%
Inflation, GDP deflatorN/A4.3%
Unemployment3.3%21.6%
Economic Freedom Index4.269.5
Personal Freedom Index1.48.17
Human Freedom Index1.47.55
Property Rights Index20.162.5
Judical Effectiveness Index542.7
Business Freedom Index580.6
Fiscal Health Index087.7
Labor Freedom Index567
Investment Freedom Index065
Financial Freedom Index060
Trade Freedom Index086.2
Monetary Freedom Index077.7
Government Spending Index071
Tax Burden Index091.5
Government Integrity Index15.142.2
Corruption Perceptions Index1437
Life expectancy at birth, years71.975.6
Suicide mortality rate, per 100,000 people11.27.9
Mortality caused by road traffic injury, per 100,000 people20.86.4
Intentional homicides, per 100,000 people4.41.5
International tourism, number of arrivalsN/A707k

Government debt & reserves

StatNorth KoreaNorth Macedonia
Central government debt, % of GDPN/A39.5%
External debt stocks, % of GNIN/A72%
External debt stocksN/A$8.7B
Short-term debt, % of total reservesN/A40.9%
Total debt service, % of exports and primary incomeN/A16.6%
Adjusted net savings including particulate emission damage, % of GNIN/A15.4%
Gross savings, % of GDPN/A33%
Gross capital formation, % of GDPN/A33%
Total reserves including goldN/A$3.3B
Foreign direct investment net inflows$52M$648.7M

Exports, imports and economic structure

StatNorth KoreaNorth Macedonia
Exports of goods and services, % of GDPN/A60.3%
Imports of goods and services, % of GDPN/A72.9%
Current account balance (balance of payments)N/A-$25.6M
Revenue excluding grants, % of GDPN/A26.8%
Grants excluding technical cooperation, BoP$118.5M$133.8M
Personal remittances receivedN/A$344.5M
Industry including construction value added, % of GDPN/A23.6%
Agriculture, forestry and fishing value added, % of GDPN/A7.2%
Charges for the use of intellectual property, payments BoPN/A$188.8M
Charges for the use of intellectual property, receipts BoPN/A$11.8M
Expense, % of GDPN/A27.9%
Government Expenditure, % of GDPN/A31.1%

Compare with countries close by GDP per capita

North Korea vs

CountryGDP
per capita
Population
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M

North Macedonia vs

CountryGDP
per capita
Population
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M