46
THE ECONOMY
Chart 4 Gross Domestic Product by major service sector
Transport, storage and communications
7.4%
1980
Wholesale, retail and import/export trades, restaurants and hotels 21.4%
Transport,
storage and communications
10.3%
2000
Wholesale, retail and import/export trades, restaurants and hotels 26.1%
Financing,
insurance,
real
estate and
business
services
23.0%
Financing, insurance, real
Community, social and personal services 12.1%
Others
36.1%
estate and business
services
23.2%
Community, social and personal services 21.2%
Others
19.2%
Amongst the major constituent sectors, the wholesale, retail and import/export trades, restaurants and hotels, together with financing, insurance, real estate and business services, were the two largest contributors to GDP.
Chart 5
Transport, storage and
communications
6.8%
Financing,
insurance,
real estate
and
business
services
Employment by major service sector
1981
Wholesale, retail and import/export trades, restaurants and hotels
20.8%
2001 *
Wholesale, retail and import/export trades, restaurants and hotels 32.4%
5.0%
Transport, storage and
Community, social and personal services 17.5%
communications
11.2%
Others 49.8%
Others 16.6%
Financing, insurance,
real estate and
business services 14.9%
Community, social and personal services 24.9%
Over the past two decades, the wholesale, retail and import/export trades, restaurants and hotels, as well as community, social and personal services, were the two largest employers in the economy.
* Average of Q1 to Q3 2001.