Economy
Information related to the North Korea economic sector
North Korean economy contracts for third straight year in 2022: Bank of Korea
Seoul estimates DPRK citizens earned average of $1.1K last year, about 30 times less than counterparts in South
July 31, 2023
State media review: North Korea claims ‘victory’ over US averted World War III
An in-depth review of celebrations for a Korean War anniversary, justifications for nuke development and a new TV show
July 27, 2023
Why a far-flung port on North Korea’s periphery could be key to its economy
China and Russia have recognized Rajin’s importance, and three countries have increasingly seen their interests align
July 26, 2023
North Korean media issues rare rebuke of those who waste ‘precious electricity’
Expert says allegations seek to distract from power production problems, while another notes energy theft is pervasive
July 18, 2023
Kim Jong Un appears to build giant private train station near beach mansions
Construction points to paranoia around leader’s security, as well as investment in personal luxuries despite shortages
July 14, 2023
State media review: Heavy rains hit North Korea’s agricultural heartland
An in-depth review of disaster mitigation, celebrations for a China-DPRK defense treaty, mask-wearing trends and more
July 13, 2023
Why North Korea has reined in firms’ freedom to set their own prices
DPRK laws shine light on efforts to reassert control in key economic sectors, a move that could stifle innovation
July 12, 2023
State media review: North Korea claims economic success but admits shortages
An in-depth review of Cabinet meetings on economy, water-logged cities and ‘random’ fashion sins
July 6, 2023
Why North Korea looked abroad for an education in international business
Outside educators have helped fill knowledge gaps and could again provide avenue for engagement once DPRK reopens
July 6, 2023
Shocked Soviets: What embassy records reveal about North Korean market activity
Declassified archives show DPRK was a tough place to live even during era now remembered for stability
July 5, 2023
