The following gives the GDP I rupees (Crore) by the three sectors:
Year | Primary | Secondary | Tertiary |
1950 | 80, 000 | 19, 000 | 39, 000 |
2011 | 8, 18, 000 | 12, 49, 000 | 28, 18, 000 |
(i) Calculate the share of the three sectors in GDP for 1950 and 2011.
(ii) Show the data as a bar diagram similar to Graph 2 in the chapter.
(iii) What conclusion can we draw from the bar graph?
(i) In the year 1950
Total GDP (In 1950) = 80, 000 + 19, 000 + 39, 000
= 1, 38, 000 crore
Share (Primary sector) =
Share (Secondary sector)
Share (Tertiary sector)
In the year 2011
Total GDP (In 2011) = 8, 18, 000 + 12, 49, 000 + 28, 18, 000
= 4, 885, 000 crore
Share (Primary sector) =
Share (Secondary sector)
Share (Tertiary sector)
(ii)
(iii) The conclusion can be drawn on behalf of results that the share of the tertiary sector in the GDP has almost doubled, while the GDP of the primary sector has been halved almost and the same situation is with the secondary sector which has grown up by about 10 % in the last five years. So, we saw that how the GDP of all the three sectors is changing and specially the much more change have been seen in the GDP of tertiary sector.