Distribution of gross domestic product (GDP) across economic sectors Pakistan 2017

Pakistan: Distribution of gross domestic product (GDP) across economic sectors from 2007 to 2017

by H. Plecher, last edited Aug 9, 2019
Distribution of gross domestic product (GDP) across economic sectors Pakistan 2017 In 2017, agriculture contributed around 22.88 percent to the GDP of Pakistan, 17.94 percent came from the industry, and over half of the economy’s contribution to GDP came from the services sector.
When shall we three contribute again?

There are three main sectors of economy: The primary sector encompassed agriculture, fishing and mining. The secondary sector is the manufacturing sector, also known as the industry sector; and last but not least, the tertiary sector, alias the services sector, which includes services and intangible goods, like tourism, financial services, or telecommunications. Today, most developed countries have a well-established services sector that contributes the lion’s share to their GDP. On the other hand, economies that still need support and are still developing typically rely on agriculture to fuel their economy. If they transition to a developed nation, it is usually because their economy is now able to focus on services as an economic driver.

Pakistan’s economic driver

To be fair, almost every economy started out relying on the primary sector. The same is true for Pakistan, which, although it is not considered a developed nation yet, has shifted generation of over half of its annual GDP to services. Still, the primary sector plays an important role for the country: It is still responsible for more than a fifth of GDP contribution, and it employs almost half of Pakistan’s workforce. Pakistan is rich in arable land, which explains why the majority of the Pakistani population lives in rural areas, producing and selling sugarcane, wheat, cotton, and rice, which are also exported to other countries.
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Pakistan: Distribution of gross domestic product (GDP) across economic sectors from 2007 to 2017

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