Question

Compare and contrast India and China’s sectoral contribution towards GDP in 2003. What does it indicate?

Answer 1

ANSWER:

Tabulating the data as below, we can compare India’s and China’s sector contribution towards their GDP. 

Sectors Contribution to GDP (in percent) (2003):

                                                   India                           China

Primary (Agriculture)                23                                 15

Secondary (Industry)                26                                 53

Tertiary (Service)                        51                                 32

EXPLANATION:

     From the above table, the data divulges that the primary sector’s contribution to India’s GDP is 23 percent as compared to China’s primary sector’s contribution of 15 percent towards its GDP. This validates the agricultural nature of the Indian economy. The data also divulges that China has a stronger industrial base when compared to India.

    The contribution of China’s secondary sector to its GDP is 53 percent as against the India’s secondary sector contribution of 26 percent to its GDP. India’s industrial sector is much behind than that of China. Though India’s industrial sector’s contribution towards its GDP is not as strong as China’s, India’s service sector contribution is much stronger than China’s service sector.