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.
Dandong
A substantial portion of North Korea's international trade, both legal and illegal, passes through Dandong and Sinuiju, across the Yalu River in North Korea. China handles roughly 40% of North Korea's worldwide export trade ($1.58 of 4 billion USD) and roughly half of the bilateral commerce with China goes through Dandong which imports $468 million [USD worth of product], according to its Ministry of Commerce. Dandong's annual resident per capita wage income for 2004 was somewhere between ¥9,500 and ¥12,237 RMB and the city's GDP was 3.77 billion USD.