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Macro - Country Economic Forecasts - North Korea

Publisher Oxford Economics
Published Feb 03, 2025
Length 3 Pages
SKU # OFE19593747

Description

We think growth this year will likely fall back to a more moderate pace, after GDP growth in 2024 had likely continued the quick 3% pace from 2023. Long-term growth will stay weak due to sanctions and soft consumer demand from the country's main trading partner, China. The surge in ammunition and equipment sales to Russia since the start of the Russia-Ukraine war doesn't seem to have completely abated just yet, but the pace of expansion will likely slow.

Table of Contents

3 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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