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CONTRIBUTION OF AGRICULTURE, INDUSTRIES AND SERVICE SECTORTO
GDP IN BANGLADESH FROM LATE 1950 TO TILL NOW

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.

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
    1961-1970              55                10                35                 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
        [Source: www.worldbank.org & https://www.cia.gov/library/publications/the-world-
       factbook/fields/2012.html ]
Graphical Representation:


                      Sector Wise GDP Change over the Decade

  120

  100                                                                                 Total, 100

   80

   60
                                                                                      Service, 52
   40
                                                                                    Industry, 30
   20                                                                             Agriculture, 18

    0
         1941-1950   1951-1960    1961-1970   1971-1980   1981-1990   1991-2000   2001-2011
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, t h ou gh
ve r y s l ow l y; i t h as          a goo d i m p a ct o n o ur    e co nom y        an d o u r m ov em e nt
t ow a rd s t he m o d er n f ast w orl d. T he s e ct o r h as j um pe d t o 30 % f rom 1 5%
i n 2001-20011.
The Service sector growth rate during 1981-2000, Service sector’s contribution went
hi gh e r t h an a v er a ge . No w S e r vi c e s e ct o r h as d ec r e as ed t o 5 2 % of t o t a l GDP ,
t hou gh i t h as           d e cl i ne d    but a gai n we ar e v e r y m u ch o pt i m i st i c ab out t he
i nt ens i f i c at i on . It i s go od s i gn fo r ou r c ount r y b e c au se i n d ev el op ed cou nt ri e
s , service sector contributes more shares in total GDP than other sectors.

Developed Country (USA):
  Sector Wise GDP in 2011
  Agriculture                                    1.2 %
  Industry                                       22.1%
  Services                                       76.7 % (est.)
       [Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ]




                USA: Sector Wise GDP Share in 2011
                                Agriculture   Industry      Service

                                              1%


                                                      22%




                                    77%
Developing Country (Malaysia)
 Sector Wise GDP in 2011
 Agriculture                                    12%
 Industry                                       40%
 Services                                       48 % (est.)
      [Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ]


           Malaysia: Sector Wise GDP share in 2011
                         Agriculture   Industry     Service



                                        12%

                              48%

                                              40%




Wealth Rich Country (Saudi Arabia):
 Sector Wise GDP in 2011
 Agriculture                                    2.1%
 Industry                                       67.7%
 Services                                       30.4% (est.)
      [Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ]


         Saudi Arabia: Sector Wise GDP share in 2011
                         Agriculture   Industry     Service

                                       2%


                                30%


                                            68%
Least Developed Country (South Africa):
 Sector Wise GDP in 2011
 Agriculture                                    2.5%
 Industry                                       31.6%
 Services                                       65.9% (est.)
      [Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ]


             South Africa: Sector Wise Share in 2011
                           Agriculture   Industry    Service

                                         2%



                                               32%


                                 66%




SAARC Country (India)

 Sector Wise GDP in 2011
 Agriculture                                    18.1%
 Industry                                       26.3%
 Services                                       55.6% (est.)
      [Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ]


            India: Sector Wise GDP Share in 2011

                           Agriculture   Industry    Service



                                           18%


                                 56%          26%
China

 Sector Wise GDP in 2011
 Agriculture                                    10.1%
 Industry                                       46.8%
 Services                                       43.1% (est.)
      [Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ]


          China : Sector Wise GDP Share in 2011

                          Agriculture   Industry     Service



                                         10%

                               43%


                                               47%

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Sector wise GDP Contribution in Bangladesh & different countries GDP

  • 1. CONTRIBUTION OF AGRICULTURE, INDUSTRIES AND SERVICE SECTORTO GDP IN BANGLADESH FROM LATE 1950 TO TILL NOW 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. 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 1961-1970 55 10 35 100 1971-1980 44 11 45 100 1981-1990 32 12 56 100 1991-2000 25 15 60 100 2001- 2011 18 30 52 100 [Source: www.worldbank.org & https://www.cia.gov/library/publications/the-world- factbook/fields/2012.html ] Graphical Representation: Sector Wise GDP Change over the Decade 120 100 Total, 100 80 60 Service, 52 40 Industry, 30 20 Agriculture, 18 0 1941-1950 1951-1960 1961-1970 1971-1980 1981-1990 1991-2000 2001-2011
  • 2. 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, t h ou gh ve r y s l ow l y; i t h as a goo d i m p a ct o n o ur e co nom y an d o u r m ov em e nt t ow a rd s t he m o d er n f ast w orl d. T he s e ct o r h as j um pe d t o 30 % f rom 1 5% i n 2001-20011. The Service sector growth rate during 1981-2000, Service sector’s contribution went hi gh e r t h an a v er a ge . No w S e r vi c e s e ct o r h as d ec r e as ed t o 5 2 % of t o t a l GDP , t hou gh i t h as d e cl i ne d but a gai n we ar e v e r y m u ch o pt i m i st i c ab out t he i nt ens i f i c at i on . It i s go od s i gn fo r ou r c ount r y b e c au se i n d ev el op ed cou nt ri e s , service sector contributes more shares in total GDP than other sectors. Developed Country (USA): Sector Wise GDP in 2011 Agriculture 1.2 % Industry 22.1% Services 76.7 % (est.) [Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ] USA: Sector Wise GDP Share in 2011 Agriculture Industry Service 1% 22% 77%
  • 3. Developing Country (Malaysia) Sector Wise GDP in 2011 Agriculture 12% Industry 40% Services 48 % (est.) [Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ] Malaysia: Sector Wise GDP share in 2011 Agriculture Industry Service 12% 48% 40% Wealth Rich Country (Saudi Arabia): Sector Wise GDP in 2011 Agriculture 2.1% Industry 67.7% Services 30.4% (est.) [Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ] Saudi Arabia: Sector Wise GDP share in 2011 Agriculture Industry Service 2% 30% 68%
  • 4. Least Developed Country (South Africa): Sector Wise GDP in 2011 Agriculture 2.5% Industry 31.6% Services 65.9% (est.) [Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ] South Africa: Sector Wise Share in 2011 Agriculture Industry Service 2% 32% 66% SAARC Country (India) Sector Wise GDP in 2011 Agriculture 18.1% Industry 26.3% Services 55.6% (est.) [Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ] India: Sector Wise GDP Share in 2011 Agriculture Industry Service 18% 56% 26%
  • 5. China Sector Wise GDP in 2011 Agriculture 10.1% Industry 46.8% Services 43.1% (est.) [Source: https://www.cia.gov/library/publications/the-world-factbook/fields/2012.html ] China : Sector Wise GDP Share in 2011 Agriculture Industry Service 10% 43% 47%