North Korea Growth Topped 3% for Third Straight Year in 2025: Seoul
The Bank of Korea said expanded trade with Russia and China helped North Korea post its third straight year of growth above 3 percent.
- On Friday, the Bank of Korea reported North Korea's real GDP expanded 3.5% in 2025, marking the third consecutive year of growth surpassing 3% despite international sanctions.
- Expanded economic cooperation with Russia and increased trade with China drove this expansion, as Pyongyang supplied munitions for the war in Ukraine in exchange for financial support and energy.
- Nominal gross national income rose 9.4% to 48.5 trillion won , with mining and manufacturing accounting for 30.1% of total GDP, according to the BOK report.
- Foreign currency earnings linked to troop deployments to Russia boosted GNI, while reports suggest Russia and North Korea are building a road bridge to accelerate military and resource transfers.
- The North's real GDP has surpassed its 2017 level, when United Nations sanctions were imposed, as construction projects including modern hospitals continue supporting domestic development efforts.
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North Korea’s economy grows over 3% annually since 2022: BOK
North Korea’s economic growth topped 3% for a third consecutive year in 2025, South Korea’s central bank announced Friday, despite a slight slowdown compared to the previous year when the growth rate hit an eight-year high. North Korea’s real gross domestic product (GDP) reached 38.26 trillion won last year, growing 3.5% from 2024, when it […]
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ARY NewsNorth Korea growth topped 3% for third straight year in 2025: Seoul
SEOUL: North Korea's economy grew more than 3 per cent for a third straight year in 2025, South Korea's central bank estimated on Friday (Jul 31), as Pyongyang continues to deepen economic and military ties with Russia.The Bank of Korea (BoK) has published annual estimates of the North's economy since 1991, b
North Korea’s Economy Expands on Russia Arms Deals, China Trade
The South Korean central bank released its 2025 economic assessment report for North Korea, indicating that the country's gross domestic product (GDP) expanded by 3.5%, marking the third consecutive year of growth exceeding 3%.
N. Korean economy grows over 3% for 3rd consecutive year in 2025: BOK
The North Korean economy grew more than 3 percent for the third consecutive year in 2025, supported by expanded economic cooperation with Russia, South Korea's central bank said Friday. North Korea's gross domestic product (GDP) is estimated to have expanded 3.5 percent from a year earlier in 2025, following 3.7 percent on-year growth in 2024 and 3.1 percent growth in 2023, according to a report from the Bank of Korea (BOK). "Expanded economic c…
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