North Korea's economic growth rate estimated to be 0.4% last year, or positive change will continue to be severe 16:08 on July 31st
The central bank of South Korea has seen an increase of 0.4% in the North Korean economy last year, an increase of 0.4% for the first time in three years, but it has not reached a full-scale recovery yet. He pointed out that the difficult situation will continue.
The Bank of Korea, the central bank of South Korea, analyzed on the 31st on the basis of data on economic activities of North Korea. As a result, North Korea's GDP (GDP) real growth rate last year was estimated to be 0.4% higher. Was announced.
The economic growth rate for adults was an estimated minus 4.1%, the largest drop in the past 20 years, but it turned positive for the first time in three years.
Specifically,
▽ exports increased by 14.4%,
▽ construction industry increased by 2.9%,
▽ agriculture , forestry and fisheries industries increased by 1.4%.
Regarding this, officials of the Bank of Korea said that exports of watches, hats, wigs and other items not subject to sanctions by the United Nations Security Council to China have increased, as well as droughts and typhoons in North Korea. It was analyzed that it was due to the fact that there was little impact from the development of the tourist area and the construction of power plants.
On the other hand, the North Korean economy has not yet reached a full-scale recovery, and due to the influence of the new coronavirus, the border with China, which accounts for more than 90% of the trade, has been blocked, so it is expected that the difficult situation will continue. Was shown.