Which country has best service sector?

Which country has best service sector?

According to the CIA World Factbook, the following countries are the largest by service or tertiary output as of 2018:

  • United States: $15.5 trillion.
  • China: $6.2 trillion.
  • Japan: $3.4 trillion.
  • Germany: $2.5 trillion.
  • United Kingdom: $2.1 trillion.
  • France: $2.0 trillion.
  • Brazil: $1.5 trillion.
  • India: $1.5 trillion.

What are the 10 largest economies in the world 2021?

Nominal GDP Rankings by Country

  • United States (GDP: 20.49 trillion)
  • China (GDP: 13.4 trillion)
  • Japan: (GDP: 4.97 trillion)
  • Germany: (GDP: 4.00 trillion)
  • United Kingdom: (GDP: 2.83 trillion)
  • France: (GDP: 2.78 trillion)
  • India: (GDP: 2.72 trillion)
  • Italy: (GDP: 2.07 trillion)

Which sector contributes more than 70 percent of world GDP?

Services sector
‘Services sector generates more employment than any other sector’

READ ALSO:   What can I do with a masters in molecular medicine?

What is the 9th largest economy in the world?

Texas
Texas Enters 2021 As World’s 9th Largest Economy By GDP Texas enters 2021 as the world’s ninth largest economy, proof of the success of a long-term strategy to make Texas the best place to start or relocate a business, said Robert Allen, President and CEO of the Texas Economic Development Corporation.

Which country ranks first in industry in the world?

10 Countries With The Highest Industrial Outputs In The World

Rank Economy Industrial output in 2016 (billions in USD)
1 China 4,566
2 European Union 4,184
3 United States 3,602
4 Japan 1,368

What are the 4 sectors of GDP?

The four components of gross domestic product are personal consumption, business investment, government spending, and net exports.

Which country has the largest contribution of the service sector to the GDP?

Dear Student,In India the service sector contributes the highest by more than 50 per cent of GDP. As per 2013 data, India has contribution of 57\% in service sector.

READ ALSO:   How big was the Japanese navy?

What is the largest industry sector in the world?

financial industry
That’s right, the financial industry is the largest industry in the world! Totalling $109 trillion, it dwarfs the competition. (1) For comparison, real estate is worth $33 trillion and retail amounts to $26 trillion.