The graph illustrates the percentage of diverse businesses contributing to the economy of country B in 1995, 2015, and prediction for 2025.
Overall, the finance industry is expected to be the only sector experiencing an increase, whereas the four remaining industries declined over the studied period. Finance industry also dominates others in terms of support in country B’s economy.
Starting with 30% in 1995, the proportion of the finance companies devoting to the country’s economy increased to over 35% and that number is forecasted to reach its peak at more than 40% in 2025. The food processing and oil, coal and gas industry contributed 10% and 25% to the economy in 1995, but these figures significantly improved to over 20% in comparison with above 30%. However, these two industries are predicted to undergo a decline 20 years later, accounting for the same data in 1995.
Regarding the manufacturing industry, 20% of the economy went to this sector in 1995, which is expected to contribute less to the economy in 2025, occupying only 5%. The tourism industry was reported to have the second highest percentage of the economy in 1995 with about 25%, followed by a reduction by 5% 10 years later and is predicted to receive the same proportion in 2025.