North Korea vs Thailand: Economic Indicators Comparison

Thailand with a GDP of $505B ranked the 26th largest economy in the world, while North Korea ranked 89th with $43.3B. By GDP 5-years average growth and GDP per capita, Thailand and North Korea ranked 86th vs 172nd and 89th vs 154th, respectively.

Gross Domestic Product & Income

StatNorth KoreaThailand
GDP$43.3B$505B
GDP growth, 1 year-4.1%4.1%
GDP growth, 5-years average-0.8%3.1%
Population25.5M65.9M
GDP per capita$1.7k$7.3k
GDP per capita growthN/A3.8%
Purchasing Power Parity conversion factorN/A12.34
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.38
GDP per capita, PPP adjusted$1.7k$19k
GNI, Atlas methodN/A$458.7B
GNI per capitaN/A$6.6k
GNI, PPP adjustedN/A$1.3T
GNI per capita, PPP adjustedN/A$18k

Financial system and Human development

StatNorth KoreaThailand
Income Tax RateN/A35%
Corporate Tax RateN/A20%
Inflation, consumer pricesN/A1.1%
Inflation, GDP deflatorN/A1.4%
Unemployment3.3%0.7%
Economic Freedom Index4.269.4
Personal Freedom Index1.47.42
Human Freedom Index1.47.11
Property Rights Index20.159.5
Judical Effectiveness Index548
Business Freedom Index583
Fiscal Health Index096.4
Labor Freedom Index563.7
Investment Freedom Index055
Financial Freedom Index060
Trade Freedom Index083
Monetary Freedom Index074
Government Spending Index085.9
Tax Burden Index080.7
Government Integrity Index15.143.4
Corruption Perceptions Index1436
Life expectancy at birth, years71.976.7
Suicide mortality rate, per 100,000 people11.214.4
Mortality caused by road traffic injury, per 100,000 people20.832.7
Intentional homicides, per 100,000 people4.43.2
International tourism, number of arrivalsN/A38.2M

Government debt & reserves

StatNorth KoreaThailand
Central government debt, % of GDPN/A42.1%
External debt stocks, % of GNIN/A35.1%
External debt stocksN/A$169.2B
Short-term debt, % of total reservesN/A29.3%
Total debt service, % of exports and primary incomeN/A5.4%
Adjusted net savings including particulate emission damage, % of GNIN/A14%
Gross savings, % of GDPN/A32.2%
Gross capital formation, % of GDPN/A25%
Total reserves including goldN/A$205.6B
Foreign direct investment net inflows$52M$13.4B

Exports, imports and economic structure

StatNorth KoreaThailand
Exports of goods and services, % of GDPN/A66.8%
Imports of goods and services, % of GDPN/A56.5%
Current account balance (balance of payments)N/A$32.4B
Revenue excluding grants, % of GDPN/A19.5%
Grants excluding technical cooperation, BoP$118.5M$90.4M
Personal remittances receivedN/A$7.5B
Industry including construction value added, % of GDPN/A35%
Agriculture, forestry and fishing value added, % of GDPN/A8.1%
Charges for the use of intellectual property, payments BoPN/A$5.3B
Charges for the use of intellectual property, receipts BoPN/A$163M
Expense, % of GDPN/A18.5%
Government Expenditure, % of GDPN/A21.7%

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

Thailand vs

CountryGDP
per capita
Population
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
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
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M