international
How China keeps North Korea's economy alive
Key takeaways
- While Russia is now a major money spinner, North Korea still depends on China for up to 95% of its legitimate trade.
- https://p.dw.com/p/5EK5WChina is one of North Korea's few allies and its main legitimate trading partner Image: Florence Lo/REUTERSAdvertisement North Korea runs one of the most bizarre economies on the planet.
- This is about 70 times smaller than South Korea's $1.86 trillion economy and about a fifth of the annual revenue of the world's top-traded company, NVIDIA.
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While Russia is now a major money spinner, North Korea still depends on China for up to 95% of its legitimate trade.
https://p.dw.com/p/5EK5WChina is one of North Korea's few allies and its main legitimate trading partner Image: Florence Lo/REUTERSAdvertisement North Korea runs one of the most bizarre economies on the planet. Despite being one of only a handful of nations with nuclear weapons, its 2024 gross domestic product (GDP) was a paltry $26.6 billion (€22.9 billion).
This is about 70 times smaller than South Korea's $1.86 trillion economy and about a fifth of the annual revenue of the world's top-traded company, NVIDIA.
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