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January 09, 2025

Economy

Information related to the North Korea economic sector

North Korea’s foreign exchange market sees wild volatility over past few months
NK PRO

North Korea’s foreign exchange market sees wild volatility over past few months

Collapse of foreign currency prices could increase economic difficulties of North Korean households

North Korea’s foreign exchange market sees wild volatility over past few months
Peter Ward
Peter Ward June 21, 2021
North Korea admits ‘food crisis,’ says grain to be distributed to population

North Korea admits ‘food crisis,’ says grain to be distributed to population

‘Public distribution system’ may be revived as new details on party plenum were revealed in state media

North Korea admits ‘food crisis,’ says grain to be distributed to population
Colin Zwirko
Colin Zwirko June 20, 2021
Crazy price fluctuations in Pyongyang – NKNews Podcast Ep. 188
Podcast

Crazy price fluctuations in Pyongyang – NKNews Podcast Ep. 188

Volatile prices come as Kim Jong Un admits food security issues in North Korea

Crazy price fluctuations in Pyongyang – NKNews Podcast Ep. 188
Jacco Zwetsloot
Jacco Zwetsloot June 18, 2021
North Korea should prepare for both talks and confrontation with US, says Kim

North Korea should prepare for both talks and confrontation with US, says Kim

During ongoing party plenum, Kim also talked about solving food supply issues and “stabilizing” living conditions

North Korea should prepare for both talks and confrontation with US, says Kim
Colin Zwirko
Colin Zwirko June 17, 2021
North Korean officials preparing strict economic plan for second half of 2021 

North Korean officials preparing strict economic plan for second half of 2021 

On second day of party plenum, officials reportedly split into groups to find “scientific, realistic measures”

North Korean officials preparing strict economic plan for second half of 2021 
Colin Zwirko
Colin Zwirko June 16, 2021
Kim Jong Un admits food security issues as party plenum event kicks off

Kim Jong Un admits food security issues as party plenum event kicks off

Kim Jong Un concedes food situation outlook is 'tense', but says economic output has grown overall since last year

Kim Jong Un admits food security issues as party plenum event kicks off
Price spike: Shampoo now selling for $200 in Pyongyang, bananas for $45

Price spike: Shampoo now selling for $200 in Pyongyang, bananas for $45

Imported items selling for up to 10 times higher than normal, raising fears of disrupted supply chains

Price spike: Shampoo now selling for $200 in Pyongyang, bananas for $45
Chad O'Carroll
Chad O'Carroll June 15, 2021
FULL TEXT: North Korea’s Workers’ Party rule book
NK PRO

FULL TEXT: North Korea’s Workers’ Party rule book

New revisions may provide hints at the direction Kim Jong Un is taking the country

FULL TEXT: North Korea’s Workers’ Party rule book
Jeongmin Kim
Jeongmin Kim June 14, 2021
North Korea’s electricity exports to China jump amid reported domestic shortages
NK PRO

North Korea’s electricity exports to China jump amid reported domestic shortages

North Korean power exports to China thought to have low impact on nationwide grid, but local areas could be impacted

North Korea’s electricity exports to China jump amid reported domestic shortages
Chad O'Carroll
Chad O'Carroll June 11, 2021
Expert roundup: Is North Korea trying to look ‘normal’ through new Party rules?

Expert roundup: Is North Korea trying to look ‘normal’ through new Party rules?

Experts weigh in on meaning of first secretary position, views on unification and erasure of Kim family names

Expert roundup: Is North Korea trying to look ‘normal’ through new Party rules?
Jeongmin Kim
Jeongmin Kim June 11, 2021
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