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Havish Gupta

Figuring Outย โ€ขย 5m

I actually confirmed it and actually the gdp per sector is calculated based on the net value added. I'll try to explain that with a simple example. Farmer used โ‚น20 seeds to produce a โ‚น200 Coffee: This adds 180 in Agriculture Gdp A manufacturing company used those โ‚น200 coffee to produce coffer powder worth โ‚น500: This adds โ‚น300 in Manufacturing gdp. And finnally Amazon sold that coffe for โ‚น1000. this adds a โ‚น500 in service gdp So this is an over simplified example of how gdp works and based on this, what i can understand is that service sector companies sell their final product (or service) at high margins and thus there's a more Higher increase in service sector's share than manufacturing one. so you're right.

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