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  • Contribution of Sectors in The National Economy

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    The document discusses the three economic sectors in the Philippines - agriculture, service, and manufacturing. It notes that agriculture accounts for 40% of the Filipino workforce and 20% of GDP, with most output coming from agribusiness. The service sector's GDP contribution increased from 36.6% in the 1970s to 57% in 2014 and it grew by an average of 6.3% from 2000 to 2014. As of 2018, the Philippine economy is composed of 57.8% service, 34.1% manufacturing and 8.1% agriculture, and it grew by 6.9% in 2016, 6.7% in 2017, and 6.2% in 2018.

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    a presentation about the different sector in the national economy

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    Contribution of Sectors in the National Economy

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    The document discusses the three economic sectors in the Philippines - agriculture, service, and manufacturing. It notes that agriculture accounts for 40% of the Filipino workforce and 20% of GDP, with most output coming from agribusiness. The service sector's GDP contribution increased from 36.6% in the 1970s to 57% in 2014 and it grew by an average of 6.3% from 2000 to 2014. As of 2018, the Philippine economy is composed of 57.8% service, 34.1% manufacturing and 8.1% agriculture, and it grew by 6.9% in 2016, 6.7% in 2017, and 6.2% in 2018.

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    2 views16 pages

    Contribution of Sectors in The National Economy

    Uploaded by

    maxine
    The document discusses the three economic sectors in the Philippines - agriculture, service, and manufacturing. It notes that agriculture accounts for 40% of the Filipino workforce and 20% of GDP, with most output coming from agribusiness. The service sector's GDP contribution increased from 36.6% in the 1970s to 57% in 2014 and it grew by an average of 6.3% from 2000 to 2014. As of 2018, the Philippine economy is composed of 57.8% service, 34.1% manufacturing and 8.1% agriculture, and it grew by 6.9% in 2016, 6.7% in 2017, and 6.2% in 2018.

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    of 16

    Amante, Borja, Chan, Cortez, Dasmarinas, Delos Santos, Oliveria,

    Reyes J., Reyes V.,


    THE THREE ECONOMIC
    SECTORS

    • Agriculture
    • Service
    • Manufacturing
    AGRICULTURE
    40% of Filipino workers, 20% gross
    domestic product. This output comes mainly
    from agribusiness, which in turn accounts for
    about 70% of the total agricultural output
    (CIDA-LGSP, 2003)
    1)Agriculture takes development to rural
    areas
    2)Agricultural development can lead to
    food security
    3)Agriculture is the key to unlock economic
    self-sufficiency
    4)Agriculture can lead to poverty
    SERVICE
    SERVICE
    SERVICE
    Its gross value added contribution
    reached to 57% in 2014 (from
    36.6% in the 1970’s), and it also
    grows by an average of 6.3% from
    2000 to 2014
    MANUFACTURING
    ECONOMIC GROWTH

    Is composed of 57.8%
    service, 34.1%
    manufacturing, and a
    agriculture of 8.1% as of
    the year 2018.
    PHILIPPINE ECONOMY

    • 6.9% 2016
    • 6.7% 2017
    • 6.2% 2018

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