Economy
Information related to the North Korea economic sector
20×10=success? Why Kim Jong Un’s regional development plan may be too ambitious
North Korea seeks to build 200 factories over the next decade, but finding the resources will be easier said than done
January 31, 2024
North Korea imported over 100,000 barrels of petroleum from Russia last year
UN data shows huge uptick in Russia’s exports of refined petroleum, though volume still lags behind pre-pandemic levels
January 31, 2024
Deciphering reports of North Korean workers’ strike in Chinese textile factories
Experts weigh in on whether large-scale action took place and how years of unpaid wages could have sparked a backlash
January 29, 2024
North Korean insurance companies release data pointing to growth in economy
Three of DPRK’s four smaller insurers showed significant growth, highlighting changes to regime’s taxation approach
January 29, 2024
North Korean hackers stole $1 billion in cryptocurrency in 2023: Report
DPRK cybercriminals behind over half of all crypto stolen last year as annual haul marks country’s second-highest ever
January 25, 2024
Kim Jong Un lays out 10-year plan to fix ‘backward’ economy at Politburo meeting
Two-day Politburo meeting follows Kim's announcement of new 'local development 20×10 policy' earlier this month
January 25, 2024
North Koreans warned to brace for frigid weather as cold snap grips peninsula
Experts say millions residing outside Pyongyang at particular risk of exposure as temperatures plummet well below zero
January 24, 2024
Number of North Koreans entering Russia surges to 365 in Q3 2023: Data
Experts say increase is likely due to deepening ties as number of Russians visiting DPRK also jumped in same period
January 23, 2024
Fertilizer chemical tops North Korea’s imports from China in December
Expert says DPRK has long lacked fertilizer for farming and likely purchased chemical with recent ‘additional revenues’
January 22, 2024
North Korean trade with China doubles in 2023 to highest since pandemic began
Official figures show trade has nearly recovered to 2019 levels as DPRK projects confidence in economic direction
January 18, 2024
