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The North Korean government, therefore, does collect revenue, in a manner which has been compared to a taxation system by international observers. However, inside North Korea the word "tax" is not used, and the term for state revenue has been variously translated as "socialist income accounting", "socialist economic management income", and in ...
The South Korean government's estimate placed North Korea's GNP in 1991 at US$22.9 billion, or US$1,038 per capita. In contrast, South Korea posted US$237.9 billion of GNP and a per capita income of US$5,569 in 1991. North Korea's GNP in 1991 showed a 5.2% decline from 1989, and preliminary indications were that the decline would continue.
The important cities of North Korea have self-governing status equivalent to that of provinces. Pyongyang , the largest city and capital, is classified as a chikhalsi ( capital city ), while three cities (see the list below) are classified as t'ŭkpyŏlsi (special city).
Economic reforms in North Korea has been encouraged by China. While visiting Pyongyang in June 2019, Chinese paramount leader Xi Jinping said that Kim Jong Un had “initiated a new strategic line of economic development and improving people’s livelihoods, raising socialist construction in the country to a new high tide.” [ 10 ]
North Korea has formal ties with 159 countries, but had only 53 diplomatic missions overseas, including three consulates and three representative offices, before it pulled out of Angola and Uganda ...
As of 2025, the New York metropolitan area is the world’s principal fintech and financial center [1] [2] and the largest metropolitan economy in the world, with a nominal gross metropolitan product of over US$2.5 trillion. [3] This is a list of cities in the world by nominal gross domestic product (GDP).
Latin music revenue is growing at an unprecedented pace in the United States, rising in consumption by 15% compared to the first half of 2022. Not only that, Spanish is now the second most ...
North Korea, [d] officially the Democratic People's Republic of Korea (DPRK), [e] is a country in East Asia.It constitutes the northern half of the Korean Peninsula and borders China and Russia to the north at the Yalu (Amnok) and Tumen rivers, and South Korea to the south at the Korean Demilitarized Zone (DMZ).