The bar chart shows the percentage shares of five different sectors in Country B’s economy in 2005 and 2015 with predictions for 2025.
Overall, it is clear that finance sector was the largest throughout the period and it expected to become more dominant in the future. By contrast, manufacturing shows the most sharply decline trend and predicted to become the smallest industry. Food processing and the oil, coal and gas industry are expected fluctuation; whereas tourism decreased and then become stable.
To begin with, finance accounted for just over 30% of the economy in 2005, considerably more than manufacturing and food processing. This figure increased to approximately 37% in 2015 and predicted to reach 42% in 2025. In comparison, manufacturing declined from around 21% to 16% ; after expected fall to 5%. Thus, the difference between these two industries will become much bigger.
Moving on to the remaining industries, food processing doubled from 11% in 2005 to 21% in 2015. However, this growth is not continue, since the figure will return to stable figure at 11% in 2025. In addition, before falling back to initial level, the share of oil, coal and gas increased from around 26% to 31%. Tourism started at around 26%, although its contribution declined to 21% in 2015. This figure is predicted to be unchanged in 2025.
