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In 1965, South Korea's rate of economic growth first exceeded North Korea's in most industrial areas, though South Korea's per capita GNP remained lower than North Korea's. [ 78 ] In 1979, North Korea renegotiated much of its international debt, but in 1980 it defaulted on its loans except those from Japan.
North Korea's economy grew sharply in 2023 after shrinking for three straight years as trade with China increased after COVID-19 pandemic border controls were eased, according to estimates by ...
North Korea — — 40,000: 2015 ... List of countries by real GDP growth rate; List of IMF ranked countries by GDP, IMF ranked GDP (nominal), GDP (nominal) per ...
The figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. [1] This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person recalculated according to the changing number of the population of the country.
This is a list of gross domestic product (GDP) at purchasing power parity (PPP) for the latest year. [1] All sovereign states with United Nations membership and territory in Asia or Oceania are included on the list apart from the transcontinental countries which are included in the lists for Europe (when they are current or suspended members of the Council of Europe) or Africa in the case of ...
North Korea: 24.5 billion 41 Syria: 22.4 billion 42 Mongolia: 22.1 billion 43 Palestine: 19.8 billion 44 Laos: 19.1 billion 45 Afghanistan: 17.1 billion 46 Yemen: 16.9 billion 47 Brunei: 16.4 billion 48 Kyrgyzstan: 13.7 billion 49 Tajikistan: 13.2 billion 50 Maldives: 8.21 billion 51 Bhutan: 3.31 billion 52 Timor-Leste: 3.25 billion
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.