What can you say about the performance of the agriculture sector compared to the service sector? What conclusions can you derive from the given information?
What can you say about the performance of the agriculture sector compared to the service sector? What conclusions can you derive from the given information?
Chapter5: Gross Domestic Product
Section: Chapter Questions
Problem 4SQ
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What can you say about the performance of the agriculture sector compared to the service sector? What conclusions can you derive from the given information?
Transcribed Image Text:Table 1: Gross Domestic Product by Sector, 2004–2012
Sector/Industry
2004
2005
2006
2007
2008
2009
2010
2011
2012
% of GDP (current prices)
13.2
32.9
Agriculture
Industry
Manufacturing
Services
13.3
12.7
12.4
12.5
13.1
31.7
12.3
32.7
21.4
12.8
11.9
33.8
33.8
24.1
33.5
33.1
31.4
31.1
21.3
55.2
24.0
23.6
54.1
22.7
22.8
21.0
20.5
52.9
53.5
54.5
53.9
55.1
55.8
57.1
Transportation, storage and
communication
7.7
7.8
7.60
7.5
7.1
7.0
6.5
6.4
6.5
Trade and repair of motor
vehicles, motorcycles, personal
and household goods
Financial intermediation
Real estate, renting and business
activities
Public administration and
defense; compulsory social
security
Other services
16.0
16.4
16.8
17.1
17.1
16.9
17.4
17.42
17.7
5.5
5.9
6.3
6.5
6.5
6.8
6.9
7.03
7.2
9.6
9.9
10.1
10.2
10.6
11.02
10.9
11.46
11.9
4.4
4.1
4.2
3.9
3.7
4.03
4.1
4.03
4.1
9.45
100.0
9.8
9.4
9.2
9.3
9.0
9.3
9.43
9.7
100.0
Annual growth rates in % (constant prices)
3.2
4.8
Gross Domestic Product
100.0
100.0
100.0
100.0
100.0
100.0
100.0
-0.7
-1.9
Agriculture
Industry
Manufacturing
Services
4.3
5.2
2.2
4.2
3.6
4.6
2.7
2.3
4.7
-0.2
2.7
6.5
5.8
11.6
4.8
5.2
8.3
5.0
5.8
4.1
3.6
7.6
4.3
4.0
11.2
7.2
4.7
5.4
6.0
3.4
5.1
7.4
Transportauon, Storage and
Communication
Trade and repair of motor
vehicles, motorcycles, personal
and household goods
Financial intermediation
12.1
7.1
4.3
8.4
3.9
-0.1
1.0
4.3
9.1
7.4
5.9
6.0
8.6
1.4
1.4
8.4
3.3
7.5
7.0
10.6
11.9
10.2
1.8
5.5
10.1
5.2
7.8
Real estate, renting and business
activities
9.6
6.8
7.9
9.0
4.1
7.5
9.3
7.9
Public administration and
defense; compulsory social
security
Other services
7.5
0.6
3.5
1.4
2.0
6.1
5.8
0.3
3.3
6.5
3,5
4.8
6.1
6.0
6.5
8.4
6.6
7.2
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