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Economy

Information related to the North Korea economic sector

North Korea in December 2024: A month in review and what’s ahead
NK PRO

North Korea in December 2024: A month in review and what’s ahead

An analytical look at the main developments from December 1 to December 31, 2024

North Korea in December 2024: A month in review and what’s ahead
Arius Derr
Arius Derr | NK Pro January 3, 2025
North Korean soju producer, pharmaceutical firms apply to sell goods in Russia

North Korean soju producer, pharmaceutical firms apply to sell goods in Russia

Three companies include one tied to DPRK military as countries boost commercial ties despite sanctions

North Korean soju producer, pharmaceutical firms apply to sell goods in Russia
Anton Sokolin
Anton Sokolin January 2, 2025
Plenum leadership reshuffles preview Kim Jong Un’s priorities for new year
NK PRO

Plenum leadership reshuffles preview Kim Jong Un’s priorities for new year

North Korean leader named close confidants for economic roles, while absences hinted at policy changes for Trump return

Plenum leadership reshuffles preview Kim Jong Un’s priorities for new year
Martin Weiser
Martin Weiser January 1, 2025
Beyond Russia: The overlooked developments set to define North Korea in 2025

Beyond Russia: The overlooked developments set to define North Korea in 2025

Economic troubles could increase pressure on regime, while selective reopening is redefining ties with outside world

Beyond Russia: The overlooked developments set to define North Korea in 2025
Gabriela Bernal
Gabriela Bernal January 1, 2025
North Korea delays opening of giant Wonsan Kalma resort again to June 2025

North Korea delays opening of giant Wonsan Kalma resort again to June 2025

Kim Jong Un inspects site and touts ‘political stability’ as foreign tourist draw amid South Korea’s impeachment crisis

North Korea delays opening of giant Wonsan Kalma resort again to June 2025
Colin Zwirko
Colin Zwirko December 31, 2024
Kim Jong Un opens scallop farm to bring ‘riches’ to nuclear submarine town

Kim Jong Un opens scallop farm to bring ‘riches’ to nuclear submarine town

North Korean leader also calls for transition from ocean fishing to aquaculture amid push to develop rural areas

Kim Jong Un opens scallop farm to bring ‘riches’ to nuclear submarine town
Colin Zwirko
Colin Zwirko December 30, 2024
North Korean defectors report highest-ever life satisfaction in 2024: Survey

North Korean defectors report highest-ever life satisfaction in 2024: Survey

But ROK government also finds rising unemployment among female escapees, underscoring persistent economic challenges

North Korean defectors report highest-ever life satisfaction in 2024: Survey
Ifang Bremer
Ifang Bremer December 27, 2024
Seoul sanctions North Korean IT workers for raising illicit funds for nukes

Seoul sanctions North Korean IT workers for raising illicit funds for nukes

New designations target 15 individuals and DPRK firm for earning foreign currency through remote work

Seoul sanctions North Korean IT workers for raising illicit funds for nukes
Shreyas Reddy
Shreyas Reddy December 26, 2024
Kim Jong Un makes frank speech about nation’s poverty at small factory opening

Kim Jong Un makes frank speech about nation’s poverty at small factory opening

North Korean leader vows to fix ‘backward’ economy and declares flood recovery project complete in two speeches

Kim Jong Un makes frank speech about nation’s poverty at small factory opening
Colin Zwirko
Colin Zwirko December 23, 2024
Surge in textile imports drives up North Korea-China trade in November
NK PRO

Surge in textile imports drives up North Korea-China trade in November

Official data also reveals China sent wide variety of sanctioned goods, while DRPK brought in more food ahead of winter

Surge in textile imports drives up North Korea-China trade in November
Anton Sokolin
Anton Sokolin December 20, 2024
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