economic scenario in north korea please give the answer in 1 paragraph
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Answer:
It is estimated that North Korea's GNP nearly halved between 1990 and 1999. North Korean annual budget reports suggest state income roughly tripled between 2000 and 2014. By about 2010 external trade had returned to 1990 levels.
Explanation:
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It is estimated that North Korea's GNP nearly halved between 1990 and 1999. ... According to a North Korea economist, the growth rate was 3.7% in 2017, lifting GDP to $29.6 billion in 2018. The Australian government estimated 1.3% growth in 2017, while the South Korean government estimated -3.5%.
GDP: : $28.5 billion (nominal, 2016); $40 billion (PPP, 2015 est.);
GDP per capita rank: 178th (nominal, 2017); 179th (PPP, 2017)
GDP per capita: : $1,300 (2016, nominal); $1,700 (PPP, 2015 est.);
GDP growth: −4.1% (2018)