Economy | NK News
July 16, 2024

Economy

Information related to the North Korea economic sector

North Korea in July 2023: A month in review and what’s ahead
NK PRO

North Korea in July 2023: A month in review and what’s ahead

An analytical look at the main developments from July 1, 2023 to July 31, 2023

North Korea in July 2023: A month in review and what’s ahead
NK Pro
NK Pro August 3, 2023
Surge in North Korean grain imports lays bare deepening hunger crisis
NK PRO

Surge in North Korean grain imports lays bare deepening hunger crisis

Experts say sharp uptick in first half points to growing food shortages but warn little could reach those most in need

Surge in North Korean grain imports lays bare deepening hunger crisis
Anton Sokolin
Anton Sokolin August 2, 2023
North Korean economy contracts for third straight year in 2022: Bank of Korea

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

North Korean economy contracts for third straight year in 2022: Bank of Korea
Anton Sokolin
Anton Sokolin July 31, 2023
State media review: North Korea claims ‘victory’ over US averted World War III
NK PRO

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

State media review: North Korea claims ‘victory’ over US averted World War III
Seung-Yeon Chung
Seung-Yeon Chung July 27, 2023
Why a far-flung port on North Korea’s periphery could be key to its economy
NK PRO

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

Why a far-flung port on North Korea’s periphery could be key to its economy
North Korean media issues rare rebuke of those who waste ‘precious electricity’

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

North Korean media issues rare rebuke of those who waste ‘precious electricity’
Chad O'Carroll
Chad O'Carroll July 18, 2023
Kim Jong Un appears to build giant private train station near beach mansions
NK PRO

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

Kim Jong Un appears to build giant private train station near beach mansions
Colin Zwirko
Colin Zwirko July 14, 2023
State media review: Heavy rains hit North Korea’s agricultural heartland
NK PRO

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

State media review: Heavy rains hit North Korea’s agricultural heartland
Why North Korea has reined in firms’ freedom to set their own prices
NK PRO

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

Why North Korea has reined in firms’ freedom to set their own prices
Peter Ward
Peter Ward July 12, 2023
State media review: North Korea claims economic success but admits shortages
NK PRO

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

State media review: North Korea claims economic success but admits shortages
Colin Zwirko
Colin Zwirko July 6, 2023
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