Korea North Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $23 billion (1984 in 1984 dollars), $1,170 per capita

Natural resources: coal, lead, tungsten, zinc, graphite, magnesite, iron, copper, gold, phosphates, salt, fluorspar, hydroelectric power

Agriculture: main crops—corn, rice, vegetables; food shortages—meat, cooking oils, production of foodstuffs adequate for domestic needs

Major industries: machine building, electric power, chemicals, mining, metallurgy, textiles, food processing

Shortages: advanced machinery and equipment, coking coal, coal, petroleum, electric power, transport

Crude steel: 4.0 million metric tons produced (1984), 204 kg per capita

Electric power: 5,910,000 kW capacity (1985); 40 billion kWh produced (1985), 1,992 kWh per capita

Coal: 52 million tons (1984)

Exports: $1.59 billion (1984); minerals, metallurgical products, agricultural products, manufactures

Imports. $1.36 billion (1984); petroleum, machinery and equipment, coking coal, grain

Major trade partners: total trade turnover $2.95 billion (1983); 55% with Communist countries, 45% with non-Communist countries

Aid: economic and military aid from the Soviet Union and China

Monetary conversion rate: 2 wons=US$l (December 1984)

Fiscal year: calendar year

NOTE: The information regarding Korea North on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Korea North 1986 information contained here. All suggestions for corrections of any errors about Korea North 1986 should be addressed to the CIA or the source cited on each page.