9 Surprising Facts, about the State of Economy and Life in North Korea

North Korea is a country that alienates itself from the outside world, the government in North Korea is also led by generations from ge...


North Korea is a country that alienates itself from the outside world, the government in North Korea is also led by generations from generation to generation, with communist beliefs, North Korean governments often issue foreign policies. For now, North Korea is starting to be a little open to the outside world, seen from several times the current North Korean leader, Kim Jong-Un, is making visits and meetings abroad. However, there are still many things unknown about North Korea, especially regarding its economic situation, and there are nine surprising facts about the state of North Korea's economy.

1. More than 40% of North Korean residents experience malnutrition

The situation of North Korean people is already known to live in poverty, they live in a problematic way, even since 2000 the percentage of the population of malnutrition in North Korea has increased, from 37.5% to 43.4% in 2018, according to data from Global Hunger Index. Although in the same year, the number of children under five years of age who were malnourished decreased in number. Poverty is the biggest challenge for North Korea; the people living there are in poor condition.

2. No one uses the Internet in North Korea

Countries with Communist ideals usually limit the movements of their people, as well as in North Korea, where people always have limited access to information, even though they are still laced with propaganda. We know that in North Korea to access the internet can only access Kwangmyong, but do you know that Kwangmyong is not internet, but only an intranet network. So it's different from the internet which frees us to access many websites, although the authorities can block some.

3. There may be Trillions of US Dollar Minerals that are underground in North Korea

North Korea may be the country with the most abundant source of mineral wealth at this time, because in North Korea mining activities are still not that large, data from Quartz, estimated to be around 10 trillion US dollars or if broken up with dollar prices now is 144,177,500,000,000,000, - wealth minerals that are underground in North Korea. Minerals in North Korea are estimated at more than 200 species, including iron, gold, zinc, copper, and graphite, all of which are rare minerals, which are the raw material for making smartphones in China and Korea South.

4. Kim Jong-Il spends 800,000 US Dollars per year on Hennessy

The previous North Korean leader, Kim Jong-Un's father, Kim Jong-Il, was expected to spend 800,000 US dollars just for Hennessy. For those who don't know what Hennessy is, Hennessy is a liquor brand, every year spending 800,000 USD for liquor, whether it's drunk every day.

5. There are two economic systems and two prices in North Korea

The communist state is not impossible to implement two economic systems, a financial system that is seen by the public, and an economic system that is not known to the public, or the term underground. Of these two commercial systems finally impacting on the prices provided by the government, for example, the cost of this economic system, the difference in rates for each worker, between workers working in local factories and factories owned by Chinese companies will have different wage prices.

6. There is a US $ 3.9 Million Hiking Trail in the heart of the Korea Unification Project

Last April the Inter-Korean Exchange and Cooperation Council agreed to build a hiking lane for the Korean unification project, and the climbing lane was built in the DMZ, which borders North Korea and South Korea, to create a costly hiking trail. 3.9 Million US Dollars.

7. North Korean hackers have stolen the US $ 670 million

Although no North Korean population can enjoy the internet at all, North Korea is famous for its hackers, these hackers usually carry out the theft, both from foreigners to cryptocurrency, the total theft committed by North Korean hackers is estimated at 670 Million US Dollar. One of the robberies carried out by North Korean hackers, among others, the act of breaking into the Central Bank of Bangladesh, estimated to be successfully stolen by 81 million US dollars then the action breaking into Cosmos Bank in India, determined to be taken by 13, 5 Million US Dollars then broke into the Bank of Chile ATM network, estimated to be stolen by 10 Million US Dollars.

8. North Korea produces 50 million US dollars per year from illegal activities

In addition to earning money by hacking, North Korea is also reported to be carrying out illegal activities that generate 50 million US dollars per year if it is valued at 720 billion, illicit activities carried out by North Korea such as the sale of illegal drugs and the circulation of counterfeit dollars.

9. Requires 12,000 US dollars to defect from North Korea

It turned out that there were also agents who helped North Koreans to defect, and the costs to be paid to defect from North Korea were pegged by these agents for the US $ 12,000. There are also those who only pay by luck, but if they are unlucky most are only captured and tortured or die, the most used escape route is the limiting river between North Korea and China, but later Kim Jong-Un began to tighten security on that border.

How, nine the fact is surprising isn't it, it turns out that North Korea has hidden things, and it seems that there are still many things hidden from North Korea, considering that this country is exceptionally close from the outside world.

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Thinking Genius: 9 Surprising Facts, about the State of Economy and Life in North Korea
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