North Korea's economic practice of self reliance has resulted in one of the world's most isolated economies with minimized trade relations and discouraged foreign investment.
As North Koreans took off work to mourn Kim Jong-il and the world observed the enigma of Kim Jong-un take over as Supreme Leader, inquiring minds wonder what he might do in an attempt to revive North Korea's stagnant economy.
North Korea's GDP is $28 billion.
North Korea's GDP per capita is $1,800 and ranks 194 in comparison to other countries. North Korea's GDP is barely 3% of South Korea's estimated $1 trillion GDP.
Source: CIA Factbook
47.8% of North Korea's GDP comes from the industry sector.
Machine building and manufacturing of metallurgical products, military products, and textiles are responsible for a large part of the industry sector. The metallurgy production is supported by North Korea's vast mineral resources.
Source: U.S. Department of State
31.5% of North Korea's GDP comes from the services sector.
Service industries such as financial services and tourism are government run in North Korea. In November, the North Korean government tried to increase its revenue by opening the Mount Kumgang tourist resort.
Source: The Washington Post
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