Economy | NK News
June 23, 2024

Economy

Information related to the North Korea economic sector

Autocrat allies? How Kim Jong Un could boost ties with ‘North Korea of Europe’

Autocrat allies? How Kim Jong Un could boost ties with ‘North Korea of Europe’

Belarus-DPRK relations have been minimal for decades, but their shared outsider status means that could soon change

Autocrat allies? How Kim Jong Un could boost ties with ‘North Korea of Europe’
Joe Smith
Joe Smith February 5, 2024
Over 1,000 North Koreans visited Russia in 2023 marking five-fold increase

Over 1,000 North Koreans visited Russia in 2023 marking five-fold increase

Similar number of Russians entered North Korea, data shows, however figures remain well below pre-pandemic level

Over 1,000 North Koreans visited Russia in 2023 marking five-fold increase
Anton Sokolin
Anton Sokolin February 5, 2024
North Korea in January 2024: A month in review and what’s ahead
NK PRO

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

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

North Korea in January 2024: A month in review and what’s ahead
NK Pro
NK Pro February 2, 2024
Timeline: From North Korean missiles in Ukraine to ROK becoming enemy ‘No. 1’
NK PRO

Timeline: From North Korean missiles in Ukraine to ROK becoming enemy ‘No. 1’

NK Pro timeline charts the key events from Jan. 1 to Jan. 31, 2024

Timeline: From North Korean missiles in Ukraine to ROK becoming enemy ‘No. 1’
NK Pro
NK Pro February 2, 2024
20×10=success? Why Kim Jong Un’s regional development plan may be too ambitious
NK PRO

20×10=success? Why Kim Jong Un’s regional development plan may be too ambitious

North Korea seeks to build 200 factories over the next decade, but finding the resources will be easier said than done

20×10=success? Why Kim Jong Un’s regional development plan may be too ambitious
Peter Ward
Peter Ward January 31, 2024
North Korea imported over 100,000 barrels of petroleum from Russia last year

North Korea imported over 100,000 barrels of petroleum from Russia last year

UN data shows huge uptick in Russia’s exports of refined petroleum, though volume still lags behind pre-pandemic levels

North Korea imported over 100,000 barrels of petroleum from Russia last year
Anton Sokolin
Anton Sokolin January 31, 2024
Deciphering reports of North Korean workers’ strike in Chinese textile factories

Deciphering reports of North Korean workers’ strike in Chinese textile factories

Experts weigh in on whether large-scale action took place and how years of unpaid wages could have sparked a backlash

Deciphering reports of North Korean workers’ strike in Chinese textile factories
Ifang Bremer
Ifang Bremer | Lina Park January 29, 2024
North Korean insurance companies release data pointing to growth in economy
NK PRO

North Korean insurance companies release data pointing to growth in economy

Three of DPRK’s four smaller insurers showed significant growth, highlighting changes to regime’s taxation approach

North Korean insurance companies release data pointing to growth in economy
Martin Weiser
Martin Weiser January 29, 2024
North Korean hackers stole $1 billion in cryptocurrency in 2023: Report
NK PRO

North Korean hackers stole $1 billion in cryptocurrency in 2023: Report

DPRK cybercriminals behind over half of all crypto stolen last year as annual haul marks country’s second-highest ever

North Korean hackers stole $1 billion in cryptocurrency in 2023: Report
Shreyas Reddy
Shreyas Reddy January 25, 2024
Kim Jong Un lays out 10-year plan to fix ‘backward’ economy at Politburo meeting

Kim Jong Un lays out 10-year plan to fix ‘backward’ economy at Politburo meeting

Two-day Politburo meeting follows Kim's announcement of new 'local development 20×10 policy' earlier this month

Kim Jong Un lays out 10-year plan to fix ‘backward’ economy at Politburo meeting
Colin Zwirko
Colin Zwirko January 25, 2024
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