North Korea vs the Philippines: Economic Indicators Comparison

The Philippines with a GDP of $330.9B ranked the 40th largest economy in the world, while North Korea ranked 89th with $43.3B. By GDP 5-years average growth and GDP per capita, the Philippines and North Korea ranked 21st vs 172nd and 134th vs 154th, respectively.

Gross Domestic Product & Income

StatNorth KoreaPhilippines
GDP$43.3B$330.9B
GDP growth, 1 year-4.1%6.2%
GDP growth, 5-years average-0.8%6.4%
Population25.5M104.9M
GDP per capita$1.7k$3.1k
GDP per capita growthN/A4.77%
Purchasing Power Parity conversion factorN/A18.25
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.35
GDP per capita, PPP adjusted$1.7k$8.9k
GNI, Atlas methodN/A$408.8B
GNI per capitaN/A$3.8k
GNI, PPP adjustedN/A$1.1T
GNI per capita, PPP adjustedN/A$11k

Financial system and Human development

StatNorth KoreaPhilippines
Income Tax RateN/A35%
Corporate Tax RateN/A30%
Inflation, consumer pricesN/A5.2%
Inflation, GDP deflatorN/A3.8%
Unemployment3.3%2.5%
Economic Freedom Index4.264.5
Personal Freedom Index1.47.06
Human Freedom Index1.46.92
Property Rights Index20.154.6
Judical Effectiveness Index534.2
Business Freedom Index559.5
Fiscal Health Index096.3
Labor Freedom Index557.4
Investment Freedom Index060
Financial Freedom Index060
Trade Freedom Index081.6
Monetary Freedom Index066.9
Government Spending Index087.9
Tax Burden Index076.7
Government Integrity Index15.138.7
Corruption Perceptions Index1436
Life expectancy at birth, years71.971
Suicide mortality rate, per 100,000 people11.23.2
Mortality caused by road traffic injury, per 100,000 people20.812.3
Intentional homicides, per 100,000 people4.48.4
International tourism, number of arrivalsN/A7.2M

Government debt & reserves

StatNorth KoreaPhilippines
Central government debt, % of GDPN/A39.6%
External debt stocks, % of GNIN/A19.9%
External debt stocksN/A$78.8B
Short-term debt, % of total reservesN/A20.3%
Total debt service, % of exports and primary incomeN/A8.7%
Adjusted net savings including particulate emission damage, % of GNIN/A28.5%
Gross savings, % of GDPN/A42.4%
Gross capital formation, % of GDPN/A26.9%
Total reserves including goldN/A$79.2B
Foreign direct investment net inflows$52M$9.8B

Exports, imports and economic structure

StatNorth KoreaPhilippines
Exports of goods and services, % of GDPN/A31.7%
Imports of goods and services, % of GDPN/A44.4%
Current account balance (balance of payments)N/A-$8.7B
Revenue excluding grants, % of GDPN/A16.3%
Grants excluding technical cooperation, BoP$118.5M$436.5M
Personal remittances receivedN/A$33.8B
Industry including construction value added, % of GDPN/A30.7%
Agriculture, forestry and fishing value added, % of GDPN/A9.3%
Charges for the use of intellectual property, payments BoPN/A$917M
Charges for the use of intellectual property, receipts BoPN/A$44.1M
Expense, % of GDPN/A14.9%
Government Expenditure, % of GDPN/A20.1%

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

Philippines vs

CountryGDP
per capita
Population
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
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