Question

From the given data, compare and analyze the sectoral contribution towards Gross Value Added (GVA). 

Hint:

A high workforce share in agriculture with low GVA indicates low productivity. Industrial and service sectors drive economic growth.

Answer 1

1. Agriculture Sector: 
- India and Pakistan have a high workforce dependency on agriculture (43% and 41% respectively) but contribute only 16% and 24% to GVA. 
- China has low employment in agriculture (26%) but an even lower GVA contribution (7%), showing greater productivity in industry and services. 2. Industry Sector: 
- China’s industrial sector contributes 41% to GVA with 28% workforce participation, showing high industrial productivity.
- India’s industrial sector contributes 30% GVA with 25% workforce, while Pakistan lags behind (19% GVA with 24% workforce). 

3. Services Sector: 
- The service sector is the highest contributor to GVA in all three nations: 
- India: 54%, China: 52%, and Pakistan: 57%. 
- China employs 46% in services, showing a strong transition from agriculture to services. 
- India’s workforce in services (32%) is lower than its GVA share (54%), indicating potential for growth. 

Conclusion: - China leads in industrial productivity, while India and Pakistan still rely on agriculture for employment but have a low GVA contribution. 
- India’s service sector dominates its economy, but there is a need for more industrial growth to enhance employment.