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Global GDP Sector Composition
Data Science and Analytics
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About
This dataset provides a detailed breakdown of global Gross Domestic Product (GDP) by economic sector for various countries and economies. The figures are based on nominal GDP and sector composition ratios, offering insight into the contributions of the Agriculture, Industry, and Services sectors to national and global economies. The Agriculture Sector accounts for 6.4 percent of the world's total economic output, with China and India being leading contributors. The Industry Sector holds a 30% share of total nominal GDP, with China, the US, Japan, and Germany collectively contributing nearly half of global industrial output. The Services Sector is the largest sector worldwide, generating 63 percent of total global wealth, with the United States being the primary producer. This dataset is a valuable resource for understanding the economic structures of nations and global economic trends.
Columns
- Index Number: A sequential index for each entry.
- Rank: The ranking of the country.
- Country/Economy: The name of the country or economy.
- GDP (millions of $): The total Gross Domestic Product of the country in millions of US Dollars.
- Agriculture GDP: The worldwide contribution of the Agriculture Sector to GDP.
- Agriculture Sector GDP Rnak: The rank of the country based on its Agriculture Sector GDP.
- Agriculture Sector GDP of % Contribution: The percentage contribution of the Agriculture Sector to the country's GDP.
- Industry: The worldwide contribution of the Industry Sector to GDP.
- World Wide Industry Sector Rank: The rank of the country based on its Industry Sector GDP.
- Industry Sector GDP of % Contribution: The percentage contribution of the Industry Sector to the country's GDP.
- Services: The worldwide contribution of the Services Sector to GDP.
- World Wide Service Sector Rank: The rank of the country based on its Services Sector GDP.
- World Wide Service Sector %: The percentage contribution of the Services Sector to the country's GDP.
- Year GDP: The year for which the GDP data is provided.
- Year Sector: The year for which the sector data is provided.
Distribution
The dataset is provided in a CSV format, specifically as
List of Countries by GDP Sector Composition.csv, with a file size of approximately 16.89 kB. It consists of 15 columns and contains approximately 230 to 231 records, detailing the economic composition for each listed country or economy.Usage
This dataset is ideal for:
- Economic Analysis: Analysing the economic structure of countries and their reliance on different sectors.
- Market Research: Identifying countries with strong industrial or service sectors for business opportunities.
- Policy Making: Informing national economic strategies and international development policies.
- Comparative Studies: Comparing the GDP sector composition across various nations.
- Data Visualisation: Creating visual representations of global economic contributions and rankings.
Coverage
The dataset offers global geographic coverage, encompassing a wide range of countries and economies worldwide. The time range primarily includes data for the year 2017, with some information also available for 2016 for GDP and sector years. There are no specific demographic breakdowns beyond national economic statistics.
License
CC0: Public Domain
Who Can Use ItGlobal GDP Sector Composition
- Economists: To conduct macroeconomic research and understand global economic trends.
- Business Analysts: For market entry strategies, identifying potential growth areas, and competitive analysis.
- Researchers and Academics: For studies on economic development, globalisation, and sectorial shifts.
- Government Agencies: For national planning, international relations, and trade policy formulation.
- Students: As a resource for assignments and projects in economics, business, and data analysis.
Dataset Name Suggestions
- Global GDP Sector Composition
- Country Economic Sector Breakdown
- Worldwide GDP by Sector
- National Economic Sector Data
- International GDP Sector Contributions
Attributes
Original Data Source: Global GDP Sector Composition
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