Question

what is the share of GDP in last 20 years in industries And mining

explanation
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Answer 1

Answer:

The most striking statistic is that mining remains Australia's largest sector by share of total national GDP, with the ABS reporting that the industry was responsible for 10.4% of national GDP between 2019 and 2020.

Answer 2

Explanation:

The services sector is the largest sector of India. Gross Value Added (GVA) at current prices for the services sector is estimated at 96.54 lakh crore INR in 2020-21. The services sector accounts for 53.89% of total India's GVA of 179.15 lakh crore Indian rupees. With GVA of Rs. 46.44 lakh crore, the Industry sector contributes 25.92%. While Agriculture and allied sector share 20.19%.

At 2011-12 prices, the Agriculture & allied, Industry, and Services sector's composition is 16.38%, 29.34%, and 54.27%, respectively.

Share of primary (comprising agriculture, forestry, fishing, and mining & quarrying), secondary (comprising manufacturing, electricity, gas, water supply & other utility services, and construction), and tertiary (services) sectors have been estimated as 21.82 percent, 24.29 percent, and 53.89 percent.

At previous methodology, the composition of Agriculture & allied, Industry, and Services sector was 51.81%, 14.16%, and 33.25%, respectively at current prices in 1950-51. Share of Agriculture & allied sector has declined at 18.20% in 2013-14. Share of Services sector has improved to 57.03%. Share of Industry sector has also increased to 24.77%.

According to CIA Fackbook, sector-wise Indian GDP composition in 2017 is as follows: Agriculture (15.4%), Industry (23%), and Services (61.5%). With the production of agriculture activity of $375.61 billion, India is 2nd larger producer of agriculture products. India accounts for 7.39 percent of total global agricultural output. India is way behind China, which has $991 bn GDP in the agriculture sector. GDP of the Industry sector is $560.97 billion, and world rank is 6. India's world rank is eight in the Services sector, and its GDP is $1500 billion.

The Agriculture sector's contribution to the Indian economy is much higher than the world's average (6.4%). The industry and services sector's contribution is lower than the world's average 30% for the Industry sector and 63% for the Services sector.