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Contribution of Agriculture, Industries and Service Sectorto GDP in Bangladesh

The document summarizes Bangladesh's GDP contributions from different sectors from 1941 to 2015. It shows: 1) Agriculture was the largest contributor to GDP from 1941-1950 at 70% but has steadily declined, contributing only 18% in 2011. 2) Industry contribution has increased slowly over time, rising to 30% in 2001-2011 from only 4% in 1941-1950. 3) The service sector contribution has grown the most, surpassing agriculture and becoming the largest sector since 1981-1990, contributing 52% of GDP in 2011.

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67 views6 pages

Contribution of Agriculture, Industries and Service Sectorto GDP in Bangladesh

The document summarizes Bangladesh's GDP contributions from different sectors from 1941 to 2015. It shows: 1) Agriculture was the largest contributor to GDP from 1941-1950 at 70% but has steadily declined, contributing only 18% in 2011. 2) Industry contribution has increased slowly over time, rising to 30% in 2001-2011 from only 4% in 1941-1950. 3) The service sector contribution has grown the most, surpassing agriculture and becoming the largest sector since 1981-1990, contributing 52% of GDP in 2011.

Uploaded by

limonextreme
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© © All Rights Reserved
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CONTRIBUTION OF AGRICULTURE, INDUSTRIES AND SERVICE SECTORTO GDP

IN BANGLADESH.

Gross domestic product refers to the market value of all officially recognized final
goods and services produced within a country in a given period. GDP per capita is
often considered an indicator of a countrys standard living.
Economy of Bangladesh is composed of three main sectors 1) Agriculture, 2)
Industry, 3) Service.
Sector Wise GDP change in percentage:

Year Sector Wise GDP Change in percentage


Agriculture Industry Service Total

1941-1950 70% 4% 26% 100%


1951-1960 62% 5% 33% 100%
1971-1980 44% 11% 45% 100%
1981-1990 32% 12% 56% 100%
1991-2000 25% 15% 60% 100%
2001- 2011 18% 30% 52% 100%

2001-2015 16% 31% 50% 100%


Graphical Representation

120

100

80

60 Agricul
Industry
40 services
total

20

We see the agriculture sector decreasing growth rate during 1941-2011; agriculture
sector contributed 70% of total GDP in 1950. Now agriculture sector has decreased
to 18% in 2011. It is very catastrophic matter for our country because most of our
village people depend on agriculture. Growth rate during 1941-2011,Industry
sectors contribution has been increasing,though very slowly; it has
a good impact on oureconomyand our movementtowards the modern
fast world. The sector has jumped to 30% from 15% in2001-20011.
The Service sector growth rate during 1981-2000, Service sectors contribution
wenthigher than average. Now Service sector has decreased to 52% o
f totalGDP,though it hasdeclinedbut again we are very much opti mis
tic about theintensification. It is good sign for our country because i
n developed countries, service sector contributes more shares in total GDP
than other sectors. And 2011-2015 this sector has jumped agriculture sector are
16% industry sactor 31% and services sector 50%.
Developed Country (USA):
Sector Wise GDP in 2015
Agriculture 1.3 %
Industry 20.7%
Services 78.0 % (est.)

USA: Sector Wise GDP Share in 2015


Agriculture Industry Service

1%
22%

77%

Developing Country (Malaysia)


Sector Wise GDP in 2015
Agriculture 8.9%
Industry 40.0%
Services 51.2 % (est.)
Malaysia: Sector Wise GDP share in 2015
Agriculture Industry Service

12%

48%
40%

Wealth Rich Country (Saudi Arabia):


Sector Wise GDP in 2015
Agriculture 2.1%
Industry 67.7%
Services 30.4% (est.)

Saudi Arabia: Sector Wise GDP share in 2015


Agriculture Industry Service

2%
30%

68%

Least Developed Country (South Africa):


Sector Wise GDP in 2015
Agriculture 2.5%
Industry 31.6%
Services 65.9% (est.)

South Africa: Sector Wise Share in 2015


Agriculture Industry Service

3%
32%

66%

SAARC Country (India)

Sector Wise GDP in 2015


Agriculture 18.1%
Industry 30.3%
Services 55.6% (est.)

India: Sector Wise GDP Share in 2015

Agriculture Industry Service

18%

56%
26%

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