Differences in Estimates of North Korea's GNP

Kyong-Mann Jeon

Expert InsightsPublished 1982

Estimates of North Korea's gross national product by agencies in the United States and South Korea vary widely, by as much as a factor of two. Although most of the sources do not fully explain the methods used for estimation, the principal causes of the differences probably fall into two categories: differing concepts of national income and the products on which estimates are based, and different values used in measuring population, foreign exchange rate, economic growth rate, and price indexes. The paper makes comparative analyses among several of the sources for various components of GNP.

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Jeon, Kyong-Mann, Differences in Estimates of North Korea's GNP. Santa Monica, CA: RAND Corporation, 1982. https://www.rand.org/pubs/papers/P6739.html.
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