Showing posts with label North Korea economy. Show all posts
Showing posts with label North Korea economy. Show all posts

Friday, 27 June 2014

North Korea's economy 'grew 1.1% in 2013'

North Korea's economy grew by 1.1% in 2013, according to estimates by South Korea's central bank.
It is the country's third consecutive year of positive growth, in spite of international sanctions against it.
The Bank of Korea puts North Korea's gross national income (GNI) at 33.8 trillion won (£19.6bn), or roughly 2.3% of South Korea's GNI of 1,441tn won.
The bank said last year's expansion reflected gains in agriculture and mining.
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