The given bar chart illustrates the percentage of GDP from the automotive and finance industry in Australia between 2012 and 2020.
Overall, there was an upward trend in both industries during the whole period, with the components of GDP in the finance industry consistently higher than that of automotive. Notably, the increase in finance figures was more considerable than automotive.
In 2012, the proportion of GDP in the finance industry was more than 6%, which was greater than that of automotive (4%). Both figures increased slightly in the next two years, but then witnessed a gentle drop in 2016, with nearly 8% in finance and about 7% in automotive – the smallest difference in GDP between these industries.
In 2018, the percentage of GDP in the financial industry rose again in 2018, reaching 12% within two years, while the figure for automotive was merely approximately 8%. The most substantial distinction between the figures of GDP in these industries was reflected in 2020, with more than 14% in finance and just 8% in automotive.
