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Band 7+: The chart shows components of GDP in Australia from 2012 to 2020.

Image for topic: The chart shows components of GDP in Australia from 2012 to 2020.
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The image shows a bar chart detailing GDP contributions in Australia from 2012 to 2020 for the Automotive and Finance industries as percentages: Finance 2012: 7%, Automotive 2012: 4%, Finance 2014: 8%, Automotive 2014: 5%, Finance 2016: 7%, Automotive 2016: 6%, Finance 2018: 10%, Automotive 2018: 7%, Finance 2020: 14%, Automotive 2020: 8%.
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This graph illustrates The proportion of Automotive & Finance Industries which contributed to Australia’s GDP (Gross Domestic Product) from 2012 to 2020.

Overall, it is apparent that the finance industry had the highest contribution to the country while the automotive industry was the least significant contributor for Australia.

To begin, in 2012, the finance sector started at 6%, whereas the automotive industry accounted for 4% of the total GDP. During the next 4 years, the finance sector still led as the greater supporter for national GDP rather than the vehicle manufacturer. In addition, the financial business remained stable between 2014 and 2016 which was at the level of 7-8%. Meanwhile, automotive manufacturing grew slightly from around 6% to almost 7%, respectively.

Furthermore, the finance sector showed a significant impact to the income of the country in 2018 which made up to 12% and roughly 15% in 2020. In contrast, the motorcars industry experienced a slight increase from around 7% to 8% in the same years.

Word Count: 165

Answers On The Same Topic:

The chart shows components of GDP in Australia from 2012 to 2020.

The bar chart depics the finance and automative rates of GDP between 2012 and 2020. Overall, it is clear that finance has always been a leader compare with automotive throughout the period in Australia. According to the data, the rate of banking was a gradual increase by around 2%, whereas the proportion of automotive sharply […]

The chart shows components of GDP in Australia from 2012 to 2020.

The given bar graph illustrates the percentage of Gross Domestic Product from two categories, namely finance and automotive, between the years 2012 and 2020. Overall, it is evident from the graph that the finance sector dominates the automotive sector in terms of percentage of GDP over the given time period. Also, the growth was gradual […]

The chart shows components of GDP in Australia from 2012 to 2020.

The given bar graph illustrates the percentage of Gross Domestic Product out of two categories, namely finance and automotives between the year 2012 to 2020. Overall it is evident from the graph that finance sector dominates over the automotive sector on the percentage of GDP over the given time period. Also the growth was gradual […]

The chart shows components of GDP in Australia from 2012 to 2020.

The bar chart compares the percentage contribution of the finance and automotive industries to Australia’s GDP between 2012 and 2020. From an overall perspective, it is clear that the finance sector consistently contributed more to the GDP (Gross Domestic Product) than the automotive industry during the entire period. Both sectors showed an upward trend, but […]

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