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Bloomberg

North Korea’s Economy Expands on Russia Arms Deals, China Trade

Friday, July 31, 2026


North Korea's economy expanded in 2025 for a third consecutive year, according to South Korea's central bank. The expansion was attributed to arms exports to Russia, increased trade with China, and domestic industrial development initiatives. South Korea's central bank provided the economic estimates but did not specify growth percentages or additional metrics in available reports.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-31/north-korea-s-economy-expands-on-russia-arms-deals-china-trade

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