Macro - Country Economic Forecasts - North Korea

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $185	3 Pages	Oxford Economics	February, 2025	OFE19593747

Best Price Guarantee
Price	from $185
Length	3 Pages
Publisher	Oxford Economics
Published Date	February, 2025
SKU	OFE19593747

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.

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