[KS] North and South Korea's Economic Data
William Brown
wmbbrown at hotmail.com
Mon Feb 6 23:43:29 EST 2006
The most common data used for North Korean GDP is actually published by
South Korea's Bank of Korea ( http://www.bok.or.kr/index.jsp You may have
to search for North Korea GDP on May 31st, 2005 release). This data is a
very rough estimate based on production data given BOK by South Korean
intelligence services. I'd be surprised if it is within 50 percent accuracy
range on the level of GDP and have no confidence in the growth rate.
It is convienent because it is easily compared to the Bank of Korea's
official data for South Korea, in the same chart. Unfortunately it is
production side accounting, not the more useful expenditure side we are used
to.
CIA's Factbook (google it) also has estimates for NK GDP but these are much
larger than BoK's. They seem too large for a country with massive
malnutrition.
Actually, I am doing a study trying to figure out what is best data to use
and am rather intrigued by a few numbers put out a few years ago by UNDP,
based on data given them by North Korea. Does anyone know if these have been
updated?
Of course the best choice would be to ask North Korea why it tolerates the
humiliation of other countries making up its GDP. Why don't they do it
themselves? I don't have such access; maybe someone here does.
----Original Message Follows----
From: "Roland Wilson" <roland_wilson at hotmail.com>
Reply-To: Korean Studies Discussion List <Koreanstudies at koreaweb.ws>
To: Koreanstudies at koreaweb.ws
Subject: [KS] North and South Korea's Economic Data
Date: Mon, 06 Feb 2006 03:37:55 +0000
Hello. I was wondering of anyone from this great group would know where I
could find the GDP, Annual Growth Rate %, and the per capita income for
North and South Korea from 1995-2005 (10 years)? I know the information in
North Korea may be less than 100% accurate, but anything would be of great
help.
I would greatly appreciate you assistance.
Regards,
Roland Wilson
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