The line chart illustrates that the proportions of UK economic output (GDP) contributed from three different sectors between 1970 to 2009 and forecasted from the year 2009 to 2020.
Overall, the finance and business services sector is expected to become the largest contribution sector, while the manufacturing sector is facing significant decline. Furthermore, the education, health and public administration sector experienced little changes throughout the period and is forecast to decline slightly at the end of the period.
In 1970 , manufacturing was the highest proportion of national output above 30% , while education, health & public administration was just below 15% and it is the lowest GDP proportion in this year 1970.At the same time, finance and business services was about 16% of total GDP .
Over the following years, the content of finance and business services increased steadily and cross over manufacturing at around 22% in year 1991.Afterthat , it continued increasing almost 35% at 2009 and predicted this upward trend would be continue around 38% of total GDP at the end of the period. Meanwhile, the manufacturing sector fell dramatically from the start and it went down roughly 15% to the year 2009 and expected that might have marginally declined in the year 2020.
The education, health and public administration sector rose to around 16% between the year 1970 and 1980 and it was almost the same until the year 2000. However , there was a substantial increasement nearly 20% by the year 2009 . As the chart shows that, this sector might have slightly dipped just above the 15% of GDP at the year 2020.
