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January 08, 2025

Economy

Information related to the North Korea economic sector

North Korea upgrades new skyscraper to 80 floors, making it 2nd-tallest in DPRK

North Korea upgrades new skyscraper to 80 floors, making it 2nd-tallest in DPRK

State media claims soldiers built one story every 16 hours and carried materials up tower ‘dozens’ of times per day

North Korea upgrades new skyscraper to 80 floors, making it 2nd-tallest in DPRK
Colin Zwirko
Colin Zwirko August 27, 2021
Amid economic crash, DPRK tried to import $1 million in Lexus vehicles in 2020

Amid economic crash, DPRK tried to import $1 million in Lexus vehicles in 2020

North Korea sought to acquire Lexus SUVs through China despite limited trade during pandemic, PoE report shows

Amid economic crash, DPRK tried to import $1 million in Lexus vehicles in 2020
Chad O'Carroll
Chad O'Carroll August 26, 2021
North Korea to convene major legislative meeting in late September

North Korea to convene major legislative meeting in late September

Supreme People's Assembly to discuss economic development and youth education at upcoming session, state media says

North Korea to convene major legislative meeting in late September
Colin Zwirko
Colin Zwirko August 25, 2021
North Korea exports beer made with rice to China after declaring food crisis

North Korea exports beer made with rice to China after declaring food crisis

Pyongyang sold $40,000 in beer to Beijing in July in first booze exports of 2021, according to Chinese trade data

North Korea exports beer made with rice to China after declaring food crisis
Colin Zwirko
Colin Zwirko August 25, 2021
Kim Jong Un visits construction site for new luxury apartments in Pyongyang

Kim Jong Un visits construction site for new luxury apartments in Pyongyang

DPRK leader, reappearing after 3-week absence, reportedly praised builders for progress despite economic difficulties

Kim Jong Un visits construction site for new luxury apartments in Pyongyang
Jeongmin Kim
Jeongmin Kim August 20, 2021
Sanctions obstacles: The fate of Moon Jae-in’s inter-Korean economic projects
NK PRO

Sanctions obstacles: The fate of Moon Jae-in’s inter-Korean economic projects

The Kaesong Industrial Complex, Kumgang tourism and infrastructure improvements all face unique sanctions challenges

Sanctions obstacles: The fate of Moon Jae-in’s inter-Korean economic projects
North Korean rocket launch site, villages flooded as state media silent

North Korean rocket launch site, villages flooded as state media silent

Soldiers mobilized to build homes by hand in some areas affected by August floods, but others yet to see relief

North Korean rocket launch site, villages flooded as state media silent
Colin Zwirko
Colin Zwirko August 20, 2021
DPRK-China trade inches up in July, but experts say normalization still far off
NK PRO

DPRK-China trade inches up in July, but experts say normalization still far off

Overall trade volume remains a fraction of pre-pandemic levels, despite jump in exports to PRC

DPRK-China trade inches up in July, but experts say normalization still far off
Bryan Betts
Bryan Betts August 19, 2021
North Korea and China carry out cross-border construction at oil pipeline
NK PRO

North Korea and China carry out cross-border construction at oil pipeline

Repairs to the Dandong-Sinuiju pipeline may be underway, or a new pipeline may be taking shape

North Korea and China carry out cross-border construction at oil pipeline
Colin Zwirko
Colin Zwirko August 19, 2021
Pyongyang or bust: DPRK tourism and the pandemic – NKNews Podcast Ep. 196
Podcast

Pyongyang or bust: DPRK tourism and the pandemic – NKNews Podcast Ep. 196

North Korea tourism professionals discuss the nature of the industry and its future after COVID-19

Pyongyang or bust: DPRK tourism and the pandemic – NKNews Podcast Ep. 196
Jacco Zwetsloot
Jacco Zwetsloot August 17, 2021
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