The economy of North Korea is a centrally planned economy, following Juche, where the role of market allocation schemes is limited, although increased to an extent. As of 2024, North Korea continues i
Exhibition of North Korean industrial goods
Comparison of the GDP per capita trends of two Koreas from 1950 to 1977 (in 1990 international dollars)
Historical GDP per capita estimates of North Korea
A North Korean manufactured trolleybus, a Chollima 90
Juche, officially the Juche idea, is a name of the official ideology of North Korea and its ruling Workers' Party of Korea. In the narrow sense, it is the philosophical component of the North Korean o
Economy of North Korea
…The economy of North Korea is a centrally planned economy, following Juche, where the role of market allocation schemes is limited, although increased to an extent. As of 2024, North Korea continues its basic adherence to a…
Torch symbolizing Juche at the top of the Juche Tower in Pyongyang
Propaganda art promoting Songun. The Korean text reads, "Long live the great victory of military-first (Songun) politics!"
Visitors of the Mansu Hill Grand Monument in Pyongyang bow to massive bronze statues of Kim Il Sung and Kim Jong Il.