Economy of North Korea
Estimating gross national product in North Korea is a difficult task because of a dearth of economic data and the problem of choosing an appropriate rate of exchange for the North Korean won, the nonconvertible North Korean currency. The South Korean government's estimate placed North Korea's GNP in 1991 at US$22.9 billion, or US$1,038 per capita. In contrast, South Korea posted US$237.9 billion of GNP and a per capita income of US$5,569 in 1991. North Korea's GNP in 1991 showed a 5.2% decline from 1989, and preliminary indications were that the decline would continue. South Korea's GNP, by contrast, expanded by 9.3% and 8.4%, respectively, in 1990 and 1991.
List of companies of North Korea
North Korea is a country in East Asia, in the northern part of the Korean Peninsula. It claims sovereignty over South Korea. Over time North Korea has gradually distanced itself away from the world communist movement. "Juche", an ideology of national self-reliance, was introduced into the constitution as a "creative application of Marxism–Leninism" in 1972. The means of production are owned by the state through state-run enterprises and collectivized farms. Most services such as healthcare, education, housing and food production are subsidized or state-funded. From 1994 to 1998, North Korea suffered from a famine that resulted in the deaths of between 0.24 and 3.5 million people, and the country continues to struggle with food production. North Korea follows "Songun", or "military-first" policy. It is the country with the highest number of military and paramilitary personnel, with a total of 9,495,000 active, reserve, and paramilitary personnel. Its active duty army of 1.21 million is the fourth largest in the world, after China, the United States, and India.