TOOL · GROSS COST

How much would a basic income cost in North Korea?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Country

Adult population 21,403,866child population 5,014,338year 2023World Bank WDI

Monthly amount per adult

Monthly amount per child

GROSS ANNUAL COST

229,546 million

in KPWKPW 229,545,936,000

GDP share not calculated

Population covered: 26,418,204 people

There is no reference GDP for this country, so the share is not calculated.

Adults: 21,403,866 × KPW 800 × 12 = KPW 205,477,113,600

Children: 5,014,338 × KPW 400 × 12 = KPW 24,068,822,400

KPW 205,477,113,600 + KPW 24,068,822,400 = KPW 229,545,936,000

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP — · World Bank WDI

Currency KPW