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North Korea economy

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North Korea’s Foreign Cash Crunch
May 20, 2020

North Korea’s Foreign Cash Crunch

By Benjamin Katzeff Silberstein
North Korea’s government bonds and other economic coercion is a red flag for state finances.
North Korea’s Trade With China Continues Rapid Decline
May 09, 2020

North Korea’s Trade With China Continues Rapid Decline

By Troy Stangarone
The COVID-19-induced border closure continues to wreak havoc on North Korea's trade with China.

South Korean Intelligence Reports COVID-19-Induced Panic Buying in the North
May 07, 2020

South Korean Intelligence Reports COVID-19-Induced Panic Buying in the North

By Associated Press
The National Intelligence Service told lawmakers in Seoul that the pandemic is hurting North Korea’s economy.

How COVID-19 Is Affecting North Korea’s Economy
March 31, 2020

How COVID-19 Is Affecting North Korea’s Economy

By Gabriela Bernal
If this crisis has proven anything it’s how much the North Korean economy relies on China.

North Korea’s Exports to China Collapse Amid Coronavirus
March 25, 2020

North Korea’s Exports to China Collapse Amid Coronavirus

By Troy Stangarone
Chinese data from January and February hints that the border closure is taking a serious economic toll.
Coronavirus: The Economic Costs for North Korea
March 06, 2020

Coronavirus: The Economic Costs for North Korea

By Troy Stangarone
The outbreak, and Pyongyang’s response, will seriously strain the North Korean economy.

North Korea’s Economy: The View From China
November 28, 2019

North Korea’s Economy: The View From China

By Mu Chunshan
Sanctions aside, many Chinese businesspeople are willing to invest across the border. Is North Korea ready to open its doors for them?
North Korea Turns to Russia for Cash
July 22, 2019

North Korea Turns to Russia for Cash

By Tae-jun Kang
Since the Putin-Kim summit, North Korea has been stepping up economic ties with Russia.

North Korea Places Its Hope in Science and Technology
May 24, 2019

North Korea Places Its Hope in Science and Technology

By Tae-jun Kang
Pyongyang is putting more emphasis on developing its science sector in hopes of transforming the economy.

North Korea’s Internal Struggles Hint That Sanctions Are Working
April 08, 2019

North Korea’s Internal Struggles Hint That Sanctions Are Working

By Tae-jun Kang
Reports of business closures and food price spikes are more evidence that North Korea's economy is struggling.

What’s Behind North Korea’s Recent Efforts to Promote Its Education Sector?
March 30, 2019

What’s Behind North Korea’s Recent Efforts to Promote Its Education Sector?

By Tae-jun Kang
North Korean propaganda has been unusually fixated on praising the country's education sector. Why?
How Does North Korea's Economy Look Heading Into the Hanoi Summit?
February 23, 2019

How Does North Korea's Economy Look Heading Into the Hanoi Summit?

By Benjamin Katzeff Silberstein
The latest data paint a picture of North Korea's economy as stable, but strained.

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