As of 2015, Canada had one of the highest value added energy industries as a percentage of its GDP among the select countries globally. Canada's energy-related industry share of GDP totaled 7.15 percent within this period. Comparatively, Germany’s energy share of their GDP was just 1.5 percent.
GDP and the Business Sectors
Energy share of a country’s GDP is used as a measure to determine how the energy sector may be influencing the economy. Among the same countries, Norway also had the highest share of energy sector employees as part of business sector employment.This indicates that Norway’s energy sector has had a significant impact on employment and economic growth in recent years. However some other sectors may have a much higher share of the business sector employment and the energy sector represents just a small percentage. In comparison, manufacturing employment had a much larger share of the business sector’s employment in recent years. South Korea had the highest share of manufacturing as a proportion of their business sector GDP between 1993 and 2009.
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Statista. (July 12, 2019). Energy-related industry value added as a percentage of GDP in 2015, by select country [Graph]. In Statista. Retrieved October 14, 2024, from https://www.statista.com/statistics/217556/percentage-of-gdp-from-energy-in-selected-countries/
Statista. "Energy-related industry value added as a percentage of GDP in 2015, by select country." Chart. July 12, 2019. Statista. Accessed October 14, 2024. https://www.statista.com/statistics/217556/percentage-of-gdp-from-energy-in-selected-countries/
Statista. (2019). Energy-related industry value added as a percentage of GDP in 2015, by select country. Statista. Statista Inc.. Accessed: October 14, 2024. https://www.statista.com/statistics/217556/percentage-of-gdp-from-energy-in-selected-countries/
Statista. "Energy-related Industry Value Added as a Percentage of Gdp in 2015, by Select Country." Statista, Statista Inc., 12 Jul 2019, https://www.statista.com/statistics/217556/percentage-of-gdp-from-energy-in-selected-countries/
Statista, Energy-related industry value added as a percentage of GDP in 2015, by select country Statista, https://www.statista.com/statistics/217556/percentage-of-gdp-from-energy-in-selected-countries/ (last visited October 14, 2024)
Energy-related industry value added as a percentage of GDP in 2015, by select country [Graph], Statista, July 12, 2019. [Online]. Available: https://www.statista.com/statistics/217556/percentage-of-gdp-from-energy-in-selected-countries/