How to Get Unpublished Flight Deals and Discounts?
GDP growth of Bangladesh and selected countries
1. 1
CONTRIBUTION OF AGRICULTURE, INDUSTRIES AND SERVICE
SECTORTO GDP IN BANGLADESH FROM LATE 1950 TO TILL NOW
GDP or Gross Domestic Product:
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 country’s standard living.
Economy of Bangladesh is composed of three main sectors
1) Agriculture
2) Industry
3) Service
According to The World Bank the GDP of Bangladesh is $115.6 Billion for the year 2012.
Sector Wise GDP change in percentage:
Year Sector Wise GDP Change in percentage Total
Agriculture Industry Service
1941-1950 70% 4% 26% 100%
1951-1960 62% 5% 33% 100%
1961-1970 55% 10% 35% 100%
1971-1980 31.6% 20.6% 47.8% 100%
1981-1990 30.3% 21.5% 48.2% 100%
1991-2000 25.5% 25.3% 49.2% 100%
2001-2010 18.5% 28.5% 53% 100%
2011 18.3% 28.2% 53.5% 100%
2012 17.5% 28.5% 53.9% 100%
Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html
http://data.worldbank.org/country/bangladesh
2. 2
Observation:
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 sector’s contribution has been increasing, though
very slowly; it has a good impact on our economy and our movement
towards the modern fast world. The sector has jumped to 30% from 15%
in2001-20011.
The Service sector growth rate during 1981-2000, Service sector’s contribution went
higher than average. Now Service sector has decreased to 52% of total
GDP, though it has declined but again we are very much optimistic about the
intensification.It is good sign for our country because in developed countries
service sector contributes more shares in total GDP than other sectors.
0
10
20
30
40
50
60
70
80
Agriculture
Industry
Service
3. 3
CONTRIBUTION OF AGRICULTURE, INDUSTRIES AND SERVICE
SECTORTO GDP IN Developed Country (USA)
Sector Wise GDP in 2012
Agriculture 1.1 %
Industry 19.2%
Services 79.7 %
[Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ]
CONTRIBUTION OF AGRICULTURE, INDUSTRIES AND SERVICE
SECTORTO GDP IN Developing Country (Malaysia)
Sector Wise GDP in 2012
Agriculture 11.4%
Industry 40.2%
Services 48.3 %
[Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ]
1%
20%
79%
USA: Sector Wise GDP Share in 2011
Agriculture Industry Service
4. 4
CONTRIBUTION OF AGRICULTURE, INDUSTRIES AND SERVICE
SECTORTO GDP IN Wealth Rich Country (Saudi Arabia)
Sector Wise GDP in 2012
Agriculture 1.9%
Industry 64.8%
Services 33.3%
[Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ]
12%
40%
48%
Malaysia: Sector Wise GDP share in 2011
Agriculture Industry Service
2%
65%
33%
Saudi Arabia: Sector Wise GDP share in 2011
Agriculture Industry Service
5. 5
CONTRIBUTION OF AGRICULTURE, INDUSTRIES AND SERVICE
SECTORTO GDP IN Least Developed Country (South Africa)
Sector Wise GDP in 2012
Agriculture 2.6%
Industry 29.3%
Services 68.1%
[Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ]
CONTRIBUTION OF AGRICULTURE, INDUSTRIES AND SERVICE
SECTORTO GDP IN SAARC Country (India)
Sector Wise GDP in 2012
Agriculture 17.4%
Industry 26.1%
Services 56.5%
[Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ]
3%
29%
68%
South Africa: Sector Wise Share in 2011
Agriculture Industry Service
6. 6
CONTRIBUTION OF AGRICULTURE, INDUSTRIES AND SERVICE
SECTORTO GDP IN China
Sector Wise GDP in 2012
Agriculture 10.1%
Industry 45.3%
Services 44.6%
[Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ]
18%
26%56%
India: Sector Wise GDP Share in 2011
Agriculture Industry Service
10%
45%
45%
China : Sector Wise GDP Share in 2011
Agriculture Industry Service
7. 7
Comparison of Sector-wise Contribution towards GDP among
Selected Countries:
Country
Category
Country Name Sector-wise Contribution (2012 est.)
Agriculture Industry Service
Developed USA 1.1% 19.2% 79.7%
Developing Malaysia 11.4% 40.2% 48.3%
Wealth Rich Saudi Arabia 1.9% 64.8% 33.3%
Least developed South Africa 2.6% 29.3% 68.1%
SAARC India 17.4% 26.1% 56.5%
Custom China 10.1% 45.3% 44.6%