What are the economic sectors in the Philippines?
Economy of the Philippines
|GDP by sector||Agriculture: 7.4% Industry: 34% Services: 58.6% (2018)|
|Inflation (CPI)||4.5% (April 2021 est.)|
|Population below poverty line||16.6% below poverty line (2018) 17.0% on less than $3.20/day (2018)|
|Gini coefficient||42.7 medium (2018, PSA)|
How many sectors are there in the Philippines?
Infographic: The Philippines – 4 sectors to watch.
What are the major sectors of the economy?
The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and service industries which exist to facilitate the transport, distribution and sale of goods produced in the secondary sector (tertiary).
What are 3 major industries?
What are the main sectors?
The main sectors of the economy are: Primary sector – extraction of raw materials – mining, fishing and agriculture. Secondary / manufacturing sector – concerned with producing finished goods, e.g. Construction sector, manufacturing and utilities, e.g. electricity.
What is the most important sector?
Top Performing Sectors of Indian Economy
- Agricultural Sector: One of the most important sectors of the Indian economy remains Agriculture. …
- Industry Sector: Another important part of the Indian economy is the Industry sector. …
- Services Sector: …
- Food Processing: …
- Manufacturing Sector:
Is Philippines richer than India?
Philippines has a GDP per capita of $8,400 as of 2017, while in India, the GDP per capita is $7,200 as of 2017.
What are the 5 sectors?
Sectors of the Economy: Primary, Secondary, Tertiary, Quaternary and Quinary
- Primary activities. …
- Secondary activities. …
- Tertiary activities. …
- Quaternary activities. …
- Quinary activities.