Components Of GDP In The UK | IELTS Report Sample
The chart shows components of GDP in the UK from 1992 to 2000. Summarise the information by selecting and reporting the main features and make comparisons where relevant.
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The bar chart illustrates the contribution of the IT and Service Industries to the Gross Domestic Product of the UK during the period between 1992 and 2000. Overall, the IT Industry has contributed more to the GDP than Service Industry throughout the given period. Furthermore, both industries grew over the given period; however, the contribution of the service industry was always less than that of the IT industry. In 1992, the contribution of IT Industry to the GDP was around 6%. This steadily increased during the given period except in 1996 when it fell marginally to just below 8%. After 1996, the contribution of IT Industry to the economy rose from 12% in 1998 to over 14% in the final year. In terms of the contribution of the Service Industry, it was 4% in 1992 which gradually continued to grow over the following years and reached just over 8% in 2000.