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The South Korean government's estimate placed North Korea's GNP in 1991 at US$22.9 billion, or US$1,038 per capita. In contrast, South Korea posted US$237.9 billion of GNP and a per capita income of US$5,569 in 1991. North Korea's GNP in 1991 showed a 5.2% decline from 1989, and preliminary indications were that the decline would continue.
North Korea's nominal gross national income in 2023 was estimated to be 1.59 million won ($1,147.56) per capita, equivalent to just 3.4% of the South's 47.25 million won.
However, inside North Korea the word "tax" is not used, and the term for state revenue has been variously translated as "socialist income accounting", "socialist economic management income", and in similar fashion. [4] [5] "Tax Abolition Day" is observed annually on 1 April in North Korea. [1]
Economic reforms in North Korea has been encouraged by China. While visiting Pyongyang in June 2019, Chinese paramount leader Xi Jinping said that Kim Jong Un had “initiated a new strategic line of economic development and improving people’s livelihoods, raising socialist construction in the country to a new high tide.” [ 10 ]
While North Korea is classified as a low-income country, the structure of North Korea's causes of death (2013) is unlike that of other low-income countries. [409] Instead, it is closer to worldwide averages, with non-communicable diseases—such as cardiovascular disease and cancers—accounting for 84 percent of the total deaths in 2016. [410]
North Korea’s 2022 grain production was estimated at 4.5 million tons, a 3.8% drop from a year earlier, according to South Korean assessments. In the previous decade, its annual production was ...
Potatoes have become an important food source in North Korea. After the 1990s famine, a "potato revolution" has taken place.Between 1998 and 2008 the area of potato cultivation in North Korea quadrupled to 200,000 ha and per capita consumption increased from 16 to 60 kilograms (35 to 132 lb) per year.
This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar. The chart below reflects the average (mean) wage as reported by various data providers.