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Principles of Managerial Finance

The document summarizes a comparative study of GDP and employment across sectors for 10 Asian countries. It finds that the service sector generally contributes the most to GDP across countries. Japan earns around 69% of its GDP from services while employing a similar proportion of its workforce. In contrast, Nepal earns around 27% of its GDP from agriculture despite over 71% of its workforce being employed in that sector. The industry sector is a major GDP contributor for countries like China and Bhutan despite employing relatively few workers.

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Nazmul Huda
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0% found this document useful (0 votes)
58 views

Principles of Managerial Finance

The document summarizes a comparative study of GDP and employment across sectors for 10 Asian countries. It finds that the service sector generally contributes the most to GDP across countries. Japan earns around 69% of its GDP from services while employing a similar proportion of its workforce. In contrast, Nepal earns around 27% of its GDP from agriculture despite over 71% of its workforce being employed in that sector. The industry sector is a major GDP contributor for countries like China and Bhutan despite employing relatively few workers.

Uploaded by

Nazmul Huda
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
You are on page 1/ 7

Comparative Study of Sector-Wise GDP and Employment

Engaged for 10 countries of Asia Continent

BRAC University
BRAC Business School
Course Title – Environment & Business (BUS503)
Section – 2
Instructor – Md. Yousuf Harun
Submitted On – 3rd April, 2019
Group Members

Name Student ID

Md. Rasel Azam 18364073


Md. Nazmul Huda 18364066
Md. Monjurul Alam 15264030
Sanjana Binte Shahjahan 18364076
Zarin Tasnim Jessi 18364047
Dipro Barua 18264018
Executive Summary
This report aims to conduct a comparative study between performances of 10 different
countries on two basis – a) How much of their GDP is contributed by one of the three sectors
– Agriculture, Industry and Service and b) What proportion of the total Employed Population
serve at one of those sectors. To conduct the research, we were appointed Asia continent as the
domain by our instructor. The 10 countries we chose for the research are:
a. Bangladesh,
b. Bhutan,
c. China,
d. India,
e. Indonesia,
f. Japan,
g. Myanmar,
h. Nepal,
i. Pakistan and
j. Sri Lanka.

We searched out data for the mentioned countries from the internet. The comparative analysis
shows that Service sector usually has far more contribution than the other two sectors in total
GDP. This sector also has a very high amount of people employed for most of the countries.
Whereas there are countries like Nepal who engage high volume of employees in one sector
(Agriculture) sector to get low contribution in GDP and low amount of employees in another
sector (Service) and still manage to get over half their GDP from the sector; there is Japan
whose amount of people engaged in a particular sector is very well synchronous to the amount
of GDP they earn from that sector.
This paper critically analyzes all these issues and to conclude, it has links to the sources that
were used in the making of it.

Page | 1
Tabular Analysis
Agriculture Industry Service
Country
GDP Employment GDP Employment GDP Employment
Bangladesh 14.2 39.068 29.2 21.085 56.5 39.847
Bhutan 15.7 56.778 42.6 9.749 41.7 33.473
China 8.3 17.51 39.5 26.621 52.2 55.87
India 15.4 42.737 23 23.787 61.5 33.476
Indonesia 13.9 31.17 40.3 21.72 45.9 47.11
Japan 1 3.49 29.7 25.578 69.3 70.932
Myanmar 24.8 49.927 35.4 16.581 39.9 33.491
Nepal 27 71.744 13.5 8.109 51.5 20.147
Pakistan 24.7 42.02 19.1 23.735 56.3 34.245
Sri Lanka 7.8 26.675 30.5 25.653 61.7 47.672

GDP Contribution
When we consider the Agriculture sector; we can see that Nepal, Myanmar and Pakistan earn
a considerable amount of their total GDP from this sector. Japan’s dependency for GDP in this
sector is the lowest. China and Sri Lanka also gain a very little amount of their total GDP from
this sector. Other countries earn between 13 to 16 percent of their total GDP from this sector.

Contribution of Agriculture in GDP


30 27
24.8 24.7
25

20
15.7 15.4
% GDP

14.2 13.9
15

10 8.3 7.8

5
1
0

COUNTRY

Looking at the Industry sector; we find that Bhutan, Indonesia and China gain a very high
amount of their total GDP from this sector. Myanmar earns more than 1/3rd of their total GDP
from this sector. Sri Lanka, Japan and Bangladesh earn a considerable amount of their total
GDP from this sector too. Rest of the countries earn a rather little portion of their total GDP
from this sector.

Page | 2
Contribution of Industry in GDP
45 42.6
39.5 40.3
40 35.4
35 29.7 30.5
29.2
30
23
% GDP

25
19.1
20
13.5
15
10
5
0

COUNTRY

Service sector is the one from which almost all the countries earn most of their total GDP. From
the tabular analysis, we can see that Japan earns almost 70 percent of their total GDP from this
sector. Sri Lanka, India, Bangladesh and Pakistan earn within 56 to 62 percent of their total
GDP from this sector. China and Nepal also earn more than half of their total GDP from this
sector. Indonesia, Bhutan and Myanmar earn between 36 and 46 percent of their total GDP
from this sector. These information clearly show that Service sector is the biggest influencer in
terms of total GDP of these countries.

Contribution of Service in GDP


80
69.3
70 61.5 61.7
56.5 56.3
60 52.2 51.5
50 45.9
41.7 39.9
% GDP

40
30
20
10
0

COUNTRY

Page | 3
Proportion of Employment Engaged
Nepal has over 70 percent of their employed population engaged in Agriculture sector.
However, they contribute to only about 1/4th of their total GDP. Bhutan has over half and
Myanmar has almost half of their total employed population engaged in this sector. India,
Pakistan and Bangladesh employ around 40 percent of their employed population in this sector.
Japan has a very low, only about 3.5 of their employed population engaged in this sector which
explains the very little contribution of this sector in their GDP.

Employment engaged in Agriculture sector


Sri Lanka 26.675
Pakistan 42.02
Nepal 71.744
Myanmar 49.927
COUNTRY

Japan 3.49
Indonesia 31.17
India 42.737
China 17.51
Bhutan 56.778
Bangladesh 39.068
0 10 20 30 40 50 60 70 80
% EMPLOYMENT

Bhutan and Nepal both employ even below 10 percent of their total employed population in
the industry sector. However, where Nepal’s GDP earned from this sector is reflected in their
employment ratio engaged in this sector, Bhutan earns a very high amount of their total GDP
from this sector even with a very low amount of their employed population engaged. China,
Sri Lanka, Japan, India, Pakistan, Indonesia and Bangladesh engage between 21 and 27 percent
of their total employed population in this sector.

Employment engaged in Industry sector


Sri Lanka 25.653
Pakistan 23.735
Nepal 8.109
Myanmar 16.581
COUNTRY

Japan 25.578
Indonesia 21.72
India 23.787
China 26.621
Bhutan 9.749
Bangladesh 21.085

0 5 10 15 20 25 30
% EMPLOYMENT

Page | 4
Japan has more than 70 percent of their total employed population engaged in the Service
sector. This reflects the portion of GDP Japan earns from this sector accurately. China has more
than half their employed population working in this sector and contributing to more than half
the GDP they earn. Sri Lanka and Indonesia have very little less than half their employed
population engaged in this sector. Bangladesh employ almost 40 percent of their total employed
population in this sector. Nepal surprisingly engages only about 1/5th of their employed
population in this sector and yet earn more than half of their total GDP.

Employment engaged in Service sector


Sri Lanka 47.672
Pakistan 34.245
Nepal 20.147
Myanmar 33.491
COUNTRY

Japan 70.932
Indonesia 47.11
India 33.476
China 55.87
Bhutan 33.473
Bangladesh 39.847
0 10 20 30 40 50 60 70 80
% EMPLOYMENT

Page | 5
REFERENCES
GDP:

All county:
http://statisticstimes.com/economy/countries-by-gdp-sector-composition.php
https://www.indexmundi.com/bangladesh/gdp_composition_by_sector.html

Employment Rate::

Service:
https://data.worldbank.org/indicator/SL.SRV.EMPL.ZS

Industry:
https://data.worldbank.org/indicator/SL.IND.EMPL.ZS?name_desc=false

Agriculture:
https://data.worldbank.org/indicator/SL.AGR.EMPL.ZS?name_desc=false

Page | 6

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