North Korea's economy grew by 3.9 percent in 2016: Bank of Korea | NK News
June 17, 2024
News

North Korea’s economy grew by 3.9 percent in 2016: Bank of Korea

Mining, manufacturing and energy sectors fueling growth, says South Korea's central bank

North Korea's gross domestic product (GDP) grew by 3.9 percent last year, South Korea's central bank reported on Friday.

According to the "Estimates of North Korea's Economic Growth Rate in 2016" report by the Bank of Korea, North Korea's economy grew primarily in the mining, manufacturing, electricity, gas, and water sectors.

Become a member for less than $4 per week.

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • The NK News Daily Update, an email newsletter to keep you in the loop
  • Searchable archive of all content, photo galleries, special columns
  • Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now

All major cards accepted. No commitments – you can cancel any time.