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Leo Byrne
Leo Byrne was the Data and Analytic Director at NK News. Follow him on twitter.
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News North Korean professor says DPRK GDP at $30.7 billion in 2017But the numbers clash with estimates from those produced by the Bank of Korea
The DPRK’s gross domestic product (GDP) stood at $30.7 billion last year, increasing by 3.7 percent compared with 2016, according to Ri Gi Song, a North Korean professor at Pyongyang’s Institute of Economics at the Academy of Social Sciences. Ri gave the GDP figure during an interview with Japan’s Kyodo News Agency, which has a bureau in the North Korean capital. The DPRK rarely publishes data on its economy, though during the interview Ri also gave little indication as to how the number had been generated, and did not provide other data for other economic factors that comprise GDP. North Korea’s © Korea Risk Group. All rights reserved. |