North Korea's economy grows for the first time in four years... per capita income is 3.4% of South Korea's

North Korea's economy has grown for the first time in four years, a new analysis has found, with per capita income around one-thirtieth that of South Korea.
On the 26th, the Bank of Korea announced in its report on "North Korea's economic growth rate estimate for 2023" that it used the United Nations System of National Accounts (SNA) method.
According to the report, North Korea's GDP (real gross domestic product) last year was 32.32 trillion won (approximately 3.59 trillion yen), up 3.2% from the previous year.
The North Korean economy had been experiencing negative growth for three years since 2022, but this time it turned to growth for the first time in four years.
"The economic sanctions against North Korea are a major obstacle to the implementation of the measures," said Kang Chang-gu, head of the National Income Division at the Bank of Korea.
"Although construction continues, COVID-19 restrictions have been relaxed and diplomatic trade with China has increased," he said. "Good weather conditions are also thought to have played a role."
Meanwhile, North Korea's per capita gross national income is 1,589,000 won (approximately 176,600 yen), one-thirtieth (3.
The figure remains at 4%).