2min chapter

Economics Explained cover image

The Pathetic Economy Of North Korea

Economics Explained

CHAPTER

Introduction

The economy of North Korea has an estimated nominal GDP of $25 billion. Or a purchasing power parity GDP of $40 billion. This estimate does mean though is that North Korea has a transactional economy smaller than Beverly Hills LA. Of course, instead of designer handbags and rodent-sized dogs, North Korea does channel a large portion of that income back into its military.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode