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North Korea vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while North Korea ranked 90th with $42.3B. By GDP 5-years average growth and GDP per capita, South Africa and North Korea ranked 151st vs 172nd and 95th vs 154th, respectively.

Gross Domestic Product & Income

StatNorth KoreaSouth Africa
GDP$42.3B$368.3B
GDP growth, 1 year-4.1%0.8%
GDP growth, 5-years average-0.8%1.1%
Population24.9M57.7M
GDP per capita$1.7k$6.4k
GDP per capita growthN/A-0.57%
Purchasing Power Parity conversion factorN/A6.16
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.47
GDP per capita, PPP adjusted$1.7k$14k
GNI, Atlas methodN/A$332.3B
GNI per capitaN/A$5.8k
GNI, PPP adjustedN/A$765.8B
GNI per capita, PPP adjustedN/A$13k

Financial system and Human development

StatNorth KoreaSouth Africa
Income Tax RateN/A45%
Corporate Tax RateN/A28%
Inflation, consumer pricesN/A4.6%
Inflation, GDP deflatorN/A3.9%
Unemployment3.3%27%
Economic Freedom Index4.258.8
Personal Freedom Index1.46.92
Human Freedom Index1.46.78
Property Rights Index20.158.4
Judical Effectiveness Index538
Business Freedom Index562
Fiscal Health Index064
Labor Freedom Index558.8
Investment Freedom Index045
Financial Freedom Index050
Trade Freedom Index075.8
Monetary Freedom Index075.9
Government Spending Index067.4
Tax Burden Index063.7
Government Integrity Index15.146.6
Corruption Perceptions Index1443
Life expectancy at birth, years71.963.5
Suicide mortality rate, per 100,000 people11.211.6
Mortality caused by road traffic injury, per 100,000 people20.825.9
Intentional homicides, per 100,000 people4.435.9
International tourism, number of arrivalsN/A10.5M

Government debt & reserves

StatNorth KoreaSouth Africa
Central government debt, % of GDPN/A56.7%
External debt stocks, % of GNIN/A50.6%
External debt stocksN/A$179.3B
Short-term debt, % of total reservesN/A70.9%
Total debt service, % of exports and primary incomeN/A19.9%
Adjusted net savings including particulate emission damage, % of GNIN/A0.6%
Gross savings, % of GDPN/A14.9%
Gross capital formation, % of GDPN/A17.9%
Total reserves including goldN/A$51.6B
Foreign direct investment net inflows$52M$5.5B

Exports, imports and economic structure

StatNorth KoreaSouth Africa
Exports of goods and services, % of GDPN/A29.9%
Imports of goods and services, % of GDPN/A29.6%
Current account balance (balance of payments)N/A-$13.4B
Revenue excluding grants, % of GDPN/A30.9%
Grants excluding technical cooperation, BoP$118.5M$817.9M
Personal remittances receivedN/A$929M
Industry including construction value added, % of GDPN/A25.9%
Agriculture, forestry and fishing value added, % of GDPN/A2.2%
Charges for the use of intellectual property, payments BoPN/A$1.8B
Charges for the use of intellectual property, receipts BoPN/A$120.7M
Expense, % of GDPN/A34.4%
Government Expenditure, % of GDPN/A33%

Compare with countries close by GDP per capita

North Korea vs

CountryGDP
per capita
Population
Egypt
$2.5k
94.8M
Laos
$2.5k
6.77M
Honduras
$2.5k
8.1M
Ghana
$2.2k
28.3M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M
Solomon Islands
$2.1k
561k
East Timor
$2k
1.18M
Syria
$2k
19.8M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.35B
Sao Tome and Principe
$2k
193k
Ivory Coast
$1.7k
20.3M
Kenya
$1.7k
48.5M
Bangladesh
$1.7k
157M
Kiribati
$1.6k
102k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
14.1M
Cambodia
$1.5k
15.1M
Pakistan
$1.5k
197M
Comoros
$1.4k
735k
Myanmar
$1.3k
53.3M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
3.54M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M

South Africa vs

CountryGDP
per capita
Population
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M