Economy of North Korea

Imports

Imports commoditiespetroleum, coking coal, machinery and equipment, textiles, grain

Import partnersChina 61.6%, South Korea 20%, European Union 4% (2011 est.)

Exports

Exports commoditiesminerals, metallurgical products, manufactures (including armaments), textiles, agricultural and fishery products

Export partnersChina 67.2%, South Korea 19.4%, India 3.6% (2011 est.)

Economy sectors

Agriculture productsrice, corn, potatoes, soybeans, pulses; cattle, pigs, pork, eggs

Industrial productsmilitary products; machine building, electric power, chemicals; mining (coal, iron ore, limestone, magnesite, graphite, copper, zinc, lead, and precious metals), metallurgy; textiles, food processing; tourism

Economy

GDP growth rate1.30 % (2012)0.80 % (2011)-0.50 % (2010)

GDP per Capita (PPP)1,800 $ (2011)1,800 $ (2010)1,900 $ (2009)

GDP - Purchasing Power Parity40.0 Billion $ (2012)40.0 Billion $ (2011)40.0 Billion $ (2010)

GDP - Purchasing Power Parity of North Korea

GDP PPP per land area332 Thousand $ per square kilometer (2012)332 Thousand $ per square kilometer (2011)332 Thousand $ per square kilometer (2010)

Electricity

Electricity - installed generating capacity9.50 Million kW

GDP decomposition by sector

Agriculture % of GDP23.4 % (2012)

Industry % of GDP47.2 % (2012)

Services % of GDP29.4 % (2012)

Debt, Current Account Balance and Budget Deficit

Budget surplus (+) or deficit (-)-0.40 % of GDP

External Debt (Total)3.00 Billion $ (2012)12.5 Billion $ (2001)12.0 Billion $ (1996)

External Debt (Percentage of GDP)10.7 % of GDP (2012)48.2 % of GDP (2001)46.2 % of GDP (1996)

External Debt (Percentage of GDP) of North Korea

External Debt per Capita122 $ (2012)542 $ (2001)545 $ (1996)