Economy | NK News
NK News Logo
March 09, 2025Mar 09, 2025

Economy

Information related to the North Korea economic sector

North Korea in Dec. 2020: A month in review and what’s ahead
NK PRO

North Korea in Dec. 2020: A month in review and what’s ahead

An analytical look at the main developments from Dec. 1, 2020 to Dec. 31, 2020

North Korea in Dec. 2020: A month in review and what’s ahead
NK Pro
NK Pro January 1, 2021
Experts doubt that North Korea’s grueling 80-day work marathon did much good

Experts doubt that North Korea’s grueling 80-day work marathon did much good

State media called the long hours a “shining victory,” but experts think it only kept Kim Jong Un’s head above water

Experts doubt that North Korea’s grueling 80-day work marathon did much good
Won-Gi Jung
Won-Gi Jung December 31, 2020
Photos: North Korea congratulates itself for surviving 2020 in new picture book

Photos: North Korea congratulates itself for surviving 2020 in new picture book

The book celebrates Kim Jong Un’s accomplishments, but its contents imply that some goals were swept under the rug

Photos: North Korea congratulates itself for surviving 2020 in new picture book
Won-Gi Jung
Won-Gi Jung December 31, 2020
After 80 days of state-ordered labor, North Koreans may finally get a rest today

After 80 days of state-ordered labor, North Koreans may finally get a rest today

The country’s “80-day battle” mass labor marathon is expected to end on Dec. 30

After 80 days of state-ordered labor, North Koreans may finally get a rest today
Won-Gi Jung
Won-Gi Jung December 30, 2020
What to expect at North Korea’s Eighth Party Congress
NK PRO

What to expect at North Korea’s Eighth Party Congress

A new economic plan will likely be announced, but there’s no sign that it can create the results that North Korea needs

What to expect at North Korea’s Eighth Party Congress
Chad O'Carroll
Chad O'Carroll December 29, 2020
North Korea touts new electric trolleybuses ahead of massive beach resort debut

North Korea touts new electric trolleybuses ahead of massive beach resort debut

New trolleybus depot in Wonsan is part of the city's revival of this more efficient mode of public transport

North Korea touts new electric trolleybuses ahead of massive beach resort debut
Colin Zwirko
Colin Zwirko December 28, 2020
After suffering major blows, North Korea will reluctantly lean on China in 2021
NK PRO

After suffering major blows, North Korea will reluctantly lean on China in 2021

The COVID-19 pandemic appears to have accelerated North Korea’s crackdown on market activities

After suffering major blows, North Korea will reluctantly lean on China in 2021
Peter Ward
Peter Ward December 28, 2020
North Korea’s Party Congress, explained: Why all eyes are on Kim this January

North Korea’s Party Congress, explained: Why all eyes are on Kim this January

The Eighth Party Congress is expected to make a major reveal in terms of DPRK politics, the economy and more

North Korea’s Party Congress, explained: Why all eyes are on Kim this January
Won-Gi Jung
Won-Gi Jung December 28, 2020
North Koreans earn just 4% of the average South Korean’s income, new report says

North Koreans earn just 4% of the average South Korean’s income, new report says

The average North Korean made less money in 2019 compared to a year prior, despite an improving economic growth rate

North Koreans earn just 4% of the average South Korean’s income, new report says
Jeongmin Kim
Jeongmin Kim December 28, 2020
After a sluggish year, North Korean ships are expected to idle well into 2021
NK PRO

After a sluggish year, North Korean ships are expected to idle well into 2021

A look at the last year of DPRK ship movements reflect the country’s border shutdowns and decreased commercial activity

After a sluggish year, North Korean ships are expected to idle well into 2021
Min Chao Choy
Min Chao Choy December 25, 2020