PEST Analysis: North Korea

November 2021

North Korea’s autocratic regime is the most repressed globally for economic freedom, which propagates corruption, but sanctions could bring the country to the negotiating table. The command economy has been crippled by these sanctions, and remains closed and highly unproductive. Human rights abuses are prevalent within the restricted society, which is also ageing rapidly. Internet use is one of the lowest in the world and hacking is creating revenues for the state.

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Overview:

Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.

If you're in the Sustainability industry in North Korea, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty

The Sustainability in North Korea report includes:

  • Analysis of the country's political and macroeconomic stability 
  • An overview of the economic structure and major industries
  • Latest economic performance

This report answers:

  • What is the economic outlook?
  • How stable is the political environment?
  • What are the country's risks and vulnerabilities?
  • What are the best sectors for investment?
  • Where should we focus our expansion strategy?
  • Which countries are moving up the value added chain away from primary sectors?

PEST Analysis: North Korea

PEST ANALYSIS

Chart 1 Main PEST Points in North Korea

POLITICAL ENVIRONMENT

Chart 2 Political Environment Dynamics in North Korea Summary 1 Political Environment Analysis in North Korea

ECONOMIC ENVIRONMENT

Chart 3 Economic Environment Dynamics in North Korea Summary 2 Economic Environment Analysis in North Korea

SOCIAL ENVIRONMENT

Chart 4 Social Environment Dynamics in North Korea Summary 3 Social Environment Analysis in North Korea

TECHNOLOGICAL ENVIRONMENT

Chart 5 Technological Environment Dynamics in North Korea Summary 4 Technological Environment Analysis in North Korea
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  • Understand the likely path of economic growth
  • Examine risks and vulnerabilities of economies to support critical decision-making

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