News
BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·
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North Korea

North Korean Won (KPW)

65
High
Risk
#8
of 171
Riskier
than 96% of currencies
37
global avg score
$112
$1,000 in 5 years
Impact on Citizens

Citizens need to earn at least 57% on their money every year just to not get poorer. At 55% inflation, cash saved today loses half its value in about 1 year.See savings calculator ↓

Economic Indicators

Inflation Rate
55.0%
Debt to GDP
Not available
GDP Growth
-0.1%
Broad Money / GDP
Not available

Banking & Stability

NPL Ratio
Not available
Reserve Months
Not available
Current Account
Not available
FX Volatility
0.0

Governance & Markets

Rule of Law
-2.5
Black Market Premium
5000.0%
Capital Controls
100.0
Peg Fragility
Not available

Currency Structure

Global Currency Role
70.0
FX Regime
managed float
Data Coverage
58.0%

Savings Impact Calculator

KPW
Holding cash in KPW55.0% inflation
KPW 112−KPW 888 (89% purchasing power lost)
Your KPW 1,000 buys 89% less in 5 years
What if you invested KPW 1,000 instead? (5yr, in KPW terms)
USD-denominated assets gain an additional ~52.0%/yr from expected KPW depreciation vs USD
Hold USD Cash
KPW 7344
+KPW 6344
+49.0%/yr net in KPW
S&P 500
KPW 11.2k
+KPW 10.2k
range: KPW 6634KPW 17.9k
10% USD return + 52.0% FX · ±16% vol
Gold
KPW 10.5k
+KPW 9486
range: KPW 4653KPW 21.1k
8% USD return + 52.0% FX · ±24% vol
Bitcoin
KPW 17.4k
+KPW 16.4k
range: KPW 2815KPW 65.8k
25% USD return + 52.0% FX · ±54% vol

All values in KPW. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~52.0%/yr based on the inflation differential between North Korea (55.0%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Data last updated: 2026-05-19