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 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
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-worldfactbook/fields/2012.html ]
Graphical Representation:

Sector Wise GDP Change over the Decade

120
100

100

80
60

52

40
30
20

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 sectors contribution has been increasing, th ou gh
v er y s low l y; it ha s
a g oo d i mp ac t on o ur
ec on o m y
a nd o ur mo v e me n t
t ow ar ds t he mo de rn fa s t w or ld . T he s ec to r h as j u mp e d t o 3 0% fr o m 15 %
i n 2001-20011.
The Service sector growth rate during 1981-2000, Service sectors contribution went
h ig he r t ha n a ve r ag e. N ow S er vi c e s ec to r h as d ec r ea s e d t o 5 2% o f to t a l G D P,
t ho ug h i t h as
de c li n ed
b ut a ga i n w e ar e v er y mu c h o pt i mi s ti c ab ou t t he
i nt e ns if i c at i on . I t i s go od s ig n fo r ou r co un tr y b ec a us e in de ve l op ed co un tr i 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

1%

77%

22%

Service

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

3%
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

10%
43%
47%

Service