North Korea vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while North Korea ranked 89th with $43.3B. By GDP 5-years average growth and GDP per capita, Singapore and North Korea ranked 76th vs 172nd and 10th vs 154th, respectively.

Gross Domestic Product & Income

StatNorth KoreaSingapore
GDP$43.3B$364.2B
GDP growth, 1 year-4.1%3.2%
GDP growth, 5-years average-0.8%3.3%
Population25.5M5.9M
GDP per capita$1.7k$65k
GDP per capita growthN/A2.66%
Purchasing Power Parity conversion factorN/A0.86
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.64
GDP per capita, PPP adjusted$1.7k$100k
GNI, Atlas methodN/A$331.4B
GNI per capitaN/A$59k
GNI, PPP adjustedN/A$533.8B
GNI per capita, PPP adjustedN/A$95k

Financial system and Human development

StatNorth KoreaSingapore
Income Tax RateN/A22%
Corporate Tax RateN/A17%
Inflation, consumer pricesN/A0.4%
Inflation, GDP deflatorN/A1.9%
Unemployment3.3%3.8%
Economic Freedom Index4.289.4
Personal Freedom Index1.47.44
Human Freedom Index1.48.1
Property Rights Index20.196.8
Judical Effectiveness Index592.9
Business Freedom Index592.8
Fiscal Health Index080
Labor Freedom Index590.9
Investment Freedom Index085
Financial Freedom Index080
Trade Freedom Index094.8
Monetary Freedom Index085.6
Government Spending Index091.1
Tax Burden Index090.3
Government Integrity Index15.192.4
Corruption Perceptions Index1485
Life expectancy at birth, years71.982.9
Suicide mortality rate, per 100,000 people11.29.9
Mortality caused by road traffic injury, per 100,000 people20.82.8
Intentional homicides, per 100,000 people4.40.2
International tourism, number of arrivalsN/A14.7M

Government debt & reserves

StatNorth KoreaSingapore
Central government debt, % of GDPN/A108.3%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/A36.8%
Gross savings, % of GDPN/A45.8%
Gross capital formation, % of GDPN/A26.6%
Total reserves including goldN/A$292.7B
Foreign direct investment net inflows$52M$82B

Exports, imports and economic structure

StatNorth KoreaSingapore
Exports of goods and services, % of GDPN/A176.4%
Imports of goods and services, % of GDPN/A149.8%
Current account balance (balance of payments)N/A$65.1B
Revenue excluding grants, % of GDPN/A18.8%
Grants excluding technical cooperation, BoP$118.5M$1.6M
Personal remittances receivedN/AN/A
Industry including construction value added, % of GDPN/A25.2%
Agriculture, forestry and fishing value added, % of GDPN/A0%
Charges for the use of intellectual property, payments BoPN/A$15.2B
Charges for the use of intellectual property, receipts BoPN/A$8.7B
Expense, % of GDPN/A15.2%
Government Expenditure, % of GDPN/A17.2%

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

Singapore vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k