ENG-2009 — Page 88

44 The Economy

Chart 3

Chart 4

Gross Domestic Product by Broad Economic Sector

1988

Secondary production 26.6 %

2008

Secondary production

8.0 %

Primary production 0.4 %

Primary production 0.1 %

Tertiary production 73.0%

Tertiary production 92.0%

Over the past two decades, the economy has become increasingly service-oriented, as the share of GDP contributed by the tertiary sector has followed a steady uptrend.

Employment by Broad Economic Sector

1989

2009

Secondary production 38.9 %

Primary production 1.4 %

Secondary production 11.8 %

Tertiary production 59.7%

Primary production 0.2 %

ཀ ན ཡ ཀ ཏ ཙ ཝ པཱི', ཨི ཏི

Tertiary production 88.0%

Over the past two decades, the share of the services sector in total employment greatly increased, whereas the share of the industrial sector kept on shrinking.

Note: The compilation methodology of composite employment estimates was reviewed in June 2005. Employment figures from 1996 onwards have thus been revised accordingly. They are not strictly comparable with those of earlier years.

Being a highly service-oriented economy, Hong Kong's services sector has been. the dominant driving force behind the overall economic growth. Despite the setback in 2009 due to the global recession, the value-added part of the services sector grew by a cumulative 23 per cent in real terms over the past five years, outpacing the corresponding 21 per cent growth of the economy. Among the constituent