North Korea’s Economy: How to Study a Data Black Hole

The GDP of North Korea was about $26 billion in 2024 (roughly equal to total sales for the Kraft Heinz Company), and with a population of about 26 million, that works out to a per capita GDP of (very) roughly $1,000 per year. However, that GDP estimate is not from any statistical release from the … Continue reading North Korea’s Economy: How to Study a Data Black Hole The post North Korea’s Economy: How to Study a Data Black Hole first appeared on Conversable Economist.