N.Korea's Per-Capita GDP Is Less Than 4% of S.Korea's

  • By Yang Mo-deum

    September 30, 2016 12:54

    North Korea's per-capita GDP stood at an estimated US$1,013 last year, equivalent to just 3.7 percent of South Korea’s $27,195, Hyundai Research Institute said Thursday.

    North Korea's per-capita GDP is similar to that of underdeveloped African countries like Zimbabwe ($1,064), Tanzania ($942) and Senegal ($913).

    South Korea's per-capita GDP stood at the same level four decades ago. The only Asian country with a lower per-capita GDP than North Korea is Nepal.

    No official figures are available, but the institute calculated North Korea's GDP based on grain output, infant mortality rate and other factors.

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