1945

As a result of continuing structural changes over the years, the developing countries of the ESCAP region have achieved varying degrees of transformation in their production structures in agriculture, industry and services. Except for the least developed and the smaller economies of the region, most of the other economies have significantly reduced the share of agriculture and increased that of industry and services in gross domestic product (GDP). The share of the industrial sector has risen significantly, although the service sector has been contributing the largest share of GDP in most countries. Thus, while agriculture was still the dominant sector in the least developed and other smaller economies, production in all the other economies has become more diversified into industry and the services.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
/content/books/9789210599023s004-c003
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