The diagram illustrates the rate of the Gross Domestic Product earned from IT and Service Industry in UK over a period of 18 years between 1992 and 2000. Units are measured in percent.
Overall, the funds earned from both IT and Service Industry increased over the shown period and led to a huge growth in the total amount of the Gross Domestic Product of UK. In addition, among these two fields the IT industry was the one that had the most significant growth and the biggest impact on the total GDP.
Initially, the rate of Gross Domestic Product earned from the field of Information Technology was equal to 6%. Apart from a brief decline between 1994 and 1995, IT industry experienced a significant increase over the whole period of the survey, reaching its peak in 2000 while constituting about 15% of the country’s Gross Domestic Product.
In the meantime, provision of services contributed to the total amount of the Gross Domestic Product of UK at the percentage of 4% in 1992 witnessing a gradual but sustainable increase over these 18 years reaching twofold of its previous figure (8%) in 2000.
The diagram illustrates the rate of the Gross
Domestic
Product
earned from IT and Service
Industry
in UK
over
a period of 18 years between 1992 and 2000. Units
are measured
in percent.
Overall
, the funds earned from both IT and Service
Industry
increased
over
the shown period and led to a huge growth in the total amount of the Gross
Domestic
Product
of UK.
In addition
, among these two fields the IT
industry
was the one that had the most significant growth and the biggest impact on the total GDP.
Initially
, the rate of Gross
Domestic
Product
earned from the field of Information Technology was equal to 6%. Apart from a brief decline between 1994 and 1995, IT
industry
experienced a significant increase
over
the whole period of the survey, reaching its peak in 2000 while constituting about 15% of the country’s Gross
Domestic
Product.
In the meantime, provision of services contributed to the total amount of the Gross
Domestic
Product
of UK at the percentage of 4% in 1992 witnessing a gradual
but
sustainable increase
over
these 18 years reaching twofold of its previous figure (8%) in 2000.