It is evident from the bar graph that it illustrates information about the percentage of IT sector and Service industry GDP in Great Britain over an eight-year period between 1992 and 2000. The x-axis indicates the time, while the y-axis shows the proportion of the GDP.
Overall, a brief analysis reveals that the rate of IT and Service sector GDP has an upward trend over the period. In addition, the information technology industry accounted for more GDP, which was the highest figure in the given time period.
At the beginning of the period, In 1992, the service industry accounted for 4 percent whereas the IT industry was just over 6 percent. Over the next four years, the labels became more similar, but in the year of 1996, there was a slight drop in the percentage of GDP. However, the proportion of the IT industry, which was higher than the industry of services over the period.
Moreover, after the year of 1996, the GDP percentage of the service industry gradually increased from 1996 to 2000, reaching just over 8 percent. While the IT industry’s GDP proportion rose sharply this time and reached around 15 percent. At the end of the time period, the percentage of GDP from IT was almost twice the service industry GDP