The Bank of Korea (BOK) (the central bank of South Korea) publishes an annual report that contains comparative economic statistics for North Korea. Population and output by industry are covered.
The Bank of Korea (BOK) has been estimating the “Gross Domestic Product of North Korea” annually since 1991, using the basic data on production quantities supplied by relevant institutions. This estimation project had been undertaken for the purpose of evaluating the North Korean economy from a South Korean perspective and utilizing the estimated data in policy-making. Therefore, the estimation follows the System of National Accounts (SNA), which is also applied in GDP estimation for South Korea.
GDP at current prices is estimated with the use of South Korean prices, value-added ratios and exchange rate.
The annual growth rate is based on real prices.
Most source data are appropriate for the compilation of national accounts. If necessary, BOK makes some adjustments to inconsistent data.