North Korea's Economy Grew 3.7% in 2024, Driven by Russia and China Ties (legrandcontinent.eu)
0xBASE INTEL BRIEF
- North Korea GDP growth 3.7% in 2024
- Arms and troops to Russia in exchange for oil, tech, food
- China trade tripled, tourism connections reopening
"South Korean data shows North Korea's economy grew 3.7% in 2024, the highest since 2016. The boom since 2023 is attributed to strengthened ties with Russia and China. Pyongyang supplied artillery shells and troops to Russia, receiving oil, food, and military technology in return. Bilateral trade with China nearly tripled between 2022 and 2025. China approved resumption of air and rail links in March, potentially boosting tourism."
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