The bar chart indicates the percentages of gross domestic product produced from two sectors (
IT and Service industry) in the UK between 1992 and 2000.
Overall, it can be seen that the GDP proportion of both industries increased though IT remained
at a higher rate through the period. Despite the increases in both components, the trend of the Service industry remained nearly unchanged in final years.
In the first year(1992), the Service industry comprised 4% of GDP which was overtaken by IT with over 6%. Over the four years, the IT sector experienced a minute drop in percentage of GDP from over 8% to below 8%. Although that, the Service industry was still below IT with nearly 7% of GDP.
Starting from 1996, it is obvious that the rate of GDP from IT grew quite sharply to 12% while the
Service industry witnessed a negligible increase. At the end of the period, the percentage of GDP from IT jumped sharply to 15% reaching its highest point which was almost the same with the doubled proportion of GDP from the Service industry.
The bar chart indicates the percentages of gross domestic product produced from two sectors
(
IT and
Service
industry)
in the UK between 1992 and 2000.
Overall
, it can be
seen
that the GDP proportion of both
industries
increased though IT remained
at
a higher rate through the period. Despite the increases in both components, the trend of the
Service
industry
remained
nearly
unchanged in final years.
In the
first
year(1992), the
Service
industry
comprised 4% of GDP which
was overtaken
by IT with over 6%. Over the four years, the IT sector experienced a minute drop in percentage of GDP from over 8% to below 8%. Although that, the
Service
industry
was
still
below IT with
nearly
7% of GDP.
Starting from 1996, it is obvious that the rate of GDP from IT grew quite
sharply
to 12% while the
Service
industry
witnessed a negligible increase. At the
end
of the period, the percentage of GDP from IT jumped
sharply
to 15% reaching its highest point which was almost the same with the doubled proportion of GDP from the
Service
industry
.