North Korea's economy grows 1.1 percent in 2013

North Korea's economy expanded an estimated 1.1 percent in 2013, marking the third consecutive year of positive growth, South Korea's central bank said Friday. The Bank of Korea put the North's nominal gross national income (GNI) at 33.8 trillion won ($33.3 billion), or roughly 2.3 percent of the South's GNI of 1,441 trillion won.
The bank said last year's expansion reflected gains in agriculture and mining, but a contraction in the construction sector meant the growth rate was slower than the 1.3 percent estimate for 2012. The annual BOK report is based on data collected from the National Intelligence Service and other South Korean institutions specialising in the North.