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North Korea's GDP: Features and issues

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  • Kim, Byung-Yeon
  • Lee, Suk

Abstract

The basis for studying the North Korean economy is to gain an understanding of the size of the overall economy and the trends within it. However, owing to the fact that North Korea does not release data on its GDP and GNI, the task has fallen on the shoulders of outside researchers and such institutions as the Bank of Korea (BOK). Still, with such a lack of official data, the estimates produced have been subject to much controversy, and the question of accuracy and propriety remains unanswered. Against this backdrop, we at the KDI Office of North Korean Economic Studies invited Dr. Kim, Byung-Yeon, an economics professor at Seoul National University and one of the most prominent experts in this area, for an interview.

Suggested Citation

  • Kim, Byung-Yeon & Lee, Suk, 2021. "North Korea's GDP: Features and issues," Dialogue on the North Korea Economy May 2021, Korea Development Institute (KDI).
    • Handle: RePEc:zbw:kdidia:may2021
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    References listed on IDEAS

    as
    1. Kim,Byung-Yeon, 2017. "Unveiling the North Korean Economy," Cambridge Books, Cambridge University Press, number 9781107183797.
    2. Kim, Byung-Yeon & Kim, Suk Jin & Lee, Keun, 2007. "Assessing the economic performance of North Korea, 1954-1989: Estimates and growth accounting analysis," Journal of Comparative Economics, Elsevier, vol. 35(3), pages 564-582, September.
    3. Kim, Byung-Yeon, 2003. "Informal economy activities of Soviet households: size and dynamics," Journal of Comparative Economics, Elsevier, vol. 31(3), pages 532-551, September.
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