N. Korea's 2018 GDP drops 4.1% due to int'l sanctions, poor agricultural yields
Arirang News
2019-07-26
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북한 2018년 GDP 전년보다 4.1% 감소... 1997년 이후 감소 제일 커
North Korea's GDP in 2018 fell by over four percent compared to the previous year.
The Bank of Korea says this is the biggest drop since 1997 when the regime went through a severe famine.
Seoul's central bank attributed the poor growth to international sanctions and poor agricultural yields.
The North's exports dropped by over 86 percent compared to 2017... and imports by over 31 percent, shrinking North Korea's overall trade volume by nearly half.
North Korea's GDP in 2018 fell by over four percent compared to the previous year.
The Bank of Korea says this is the biggest drop since 1997 when the regime went through a severe famine.
Seoul's central bank attributed the poor growth to international sanctions and poor agricultural yields.
The North's exports dropped by over 86 percent compared to 2017... and imports by over 31 percent, shrinking North Korea's overall trade volume by nearly half.
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