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2026-08-07T16:49:55.000Z

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North Korea's $22B economic shift

North Korea's $22B economic shift

North Korea's economy experienced a significant shift between 2022 and 2025, with its foreign revenue rising to around $22 billion, four times the amount it had collected in the previous four years. This increase was mainly driven by cooperation with Russia and China, with arms and ammunition sales constituting a large part of the income, estimated at up to $14.02 billion from Russia alone, mostly from arms sales. The country also benefited from cryptocurrency activities and expanding economic interactions, which contributed to improving local economic indicators, including a 3.5% growth rate in 2025 and the restoration of some trade relations with China. The collaboration with Russia strengthened North Korea's military and economic capabilities, particularly through arms sales and troop deployments. Additionally, new resources prompted the government to allocate more funds to domestic projects and military development. Despite ongoing international sanctions, North Korea's financial resources grew substantially.

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