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Economy of North Korea vs Vatican compared: GDP & Debt

Updated on by Georank team

North Korea has a GDP of $34.9B compared to $19.8M for the Vatican, ranking 106/197 and 197/197 by economy size, respectively.

North Korea vs Vatican GDP by year

North Korea
Vatican
1x
Year GDP, current $
North Korea Vatican
2024 $34,943,120,000 -
2023 $32,155,360,000 -
2022 $28,971,360,000 -
2021 $32,301,720,000 -
2020 $27,728,240,000 -
2019 $28,222,880,000 -
2018 $28,536,400,000 -
2017 $29,105,440,000 -
2016 $28,882,640,000 -
2015 $30,723,030,000 -
2014 $30,554,460,000 -
2013 $30,588,922,000 -
2012 $29,890,710,000 -
2011 $29,005,020,000 -
2010 $25,995,513,000 -
2009 $23,356,470,000 -

GeoRank.org/economy/north-korea/vatican | CC BY

Economic indicators

North Korea Vatican
Gross domestic product
$34.9B
2024
$19.8M
2025
GDP rank
106/197
2024
197/197
2025
GDP per capita
$1,319
2024
$19,800
2025
GDP per capita rank
168/197
2024
59/197
2025
GDP per capita, PPP
$1,700
2015
$39,191
2025
GDP per capita PPP rank
193/197
2015
59/197
2025
Average annual personal income after taxes
$1,426
2026
$18,169
2026
Unemployment rate
25.6%
2013
n/a
Population
26659144
936

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

North Korea Vatican
Economic freedom 3.1 65
Economic freedom ranking 197/197 69/197
Property rights 16.3 n/a
Government integrity 4.3 n/a
Judicial effectiveness 6.3 n/a
Tax burden 0 n/a
Government spending 0 n/a
Fiscal health 0 n/a
Business freedom 5 n/a
Labor freedom 5 n/a
Monetary freedom 0 n/a
Trade freedom 0 n/a
Investment freedom 0 n/a
Financial freedom 0 n/a

Other economic metrics

North Korea Vatican
Net inflows of foreign direct investment
$203K
1989
n/a
Net outflows of foreign direct investment
$0
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/north-korea/vatican | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  3. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  4. Central Intelligence Agency (CIA) (2013–2025, retrieved 2026-02-20)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.