Similar Stories to Sanctions Shrank North Korean Economy At Sharpest Rate In 20 Years on Bing News

Reuters, Free Republic
Fri, 07/20/2018 - 8:19am

North Korea’s economy contracted at the sharpest rate in two decades in 2017, South Korea’s central bank estimated Friday. Gross domestic product (GDP) in North Korea last year shrank 3.5 percent from the previous year, marking the biggest decline since a 6.5 percent drop in 1997 when the isolated nation was hit by a devastating famine.

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