An alternative source for analysing household expenditure is the.European institutions, governments, central banks as well as other economic and social bodies in the public and private sectors need a set of comparable and reliable statistics on which to base their decisions. Thereafter, industrial output grew at a relatively fast pace the next four years (with annual increases between 2.4 % and 3.3 %) and a more subdued pace (1.9 %) in 2018 before experiencing a contraction of 0.5 % in 2019. In 2019, Vietnam's industry and construction sector accounted for 34.49 percent of the GDP with a GDP value of approximately 2,082 trillion Vietnamese dong. A similar situation was recorded for business services with the exception of a modest decline of 0.2 % in 2012, for public administration, defence, education, human health and social work activities except for no change in 2012 and a small decline of 0.1 % in 2013, and for distributive trades, transport, accommodation and food services except for a decline of 0.5 % in 2013. Income from the compensation of employees increased every year between 2009 and 2019 in the EU-27, gaining 30.5 % over this period (in current price terms). GDP per person employed is intended to give an overall impression of the productivity of national economies. As such, the 1.6 % increase recorded for construction in 2015 (after no change in 2014) was the first annual growth in eight years and was followed by growth between 1.3 % and 3.8 % through to 2019. * All products require an annual contract; Prices do not include sales tax.Learn more about how Statista can support your business.BEA. This 2020 edition only describes the situation up to the year 2019. construction: public spending on commercial projects 2008-2019,Number of private housing units started in the U.S. 2000-2019,Value of local and state government non-residential construction 2000-2019,Value of local and state government commercial construction 2008-2019,U.S. Despite this recent period of sustained growth, construction output in 2019 was 3.4 % lower than it had been in 2009 (and therefore considerably lower than it had been before the beginning of the crisis).Two service activities — information and communication services and real estate activities — posted positive annual rates of change each year between 2009 and 2019. For details, please see your browser’s Help section (by pressing F1). Social partners, such as representatives of businesses (for example, trade associations) or representatives of workers (for example, trade unions), also have an interest in national accounts for the purpose of analysing developments that affect industrial relations. The largest increase during this period, up 1.1 percentage points from 10.2 % to 11.3 %, was recorded for professional, scientific, technical, administrative and support services — hereafter referred to as business services — which became the fourth largest activity, overtaking real estate activities. and over 1 Mio. "Value Added by The Construction Industry as a Share of Gross Domestic Product in The U.S. from 2007 to 2019. It … private construction put in place 1999-2019,U.S. As a consequence, first findings of any COVID-19 related implications will only be possible in the 2021 edition of the article, with the full scale of the crisis only being revealed in later editions.The global financial and economic crisis resulted in a severe recession in the EU-27 in 2009 (see Figure 1), followed by a recovery in 2010. Industry, value added (% of GDP) - Asia Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). Please refer to the dataset Gross domestic product (GDP), 2019 archive to access longer time series based on the methodology prior to the 2019 benchmark revisions. (April 20, 2020). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. By contrast, the share of services was between 61 % and 66 % in Ireland, Czechia, Romania, Poland, Slovakia, Slovenia and Hungary, all of which recorded relatively high shares for industry.Structural change is, at least in part, a result of phenomena such as technological change, developments in relative prices, outsourcing and globalisation, often resulting in manufacturing activities and some services (those that can be provided remotely, such as online or through call centres) being moved to lower labour-cost regions, both within and outside the EU-27. An animated overview of the Singapore economy, presenting the latest GDP, growth and industry breakdown, latest data and partners in investments in Singapore and abroad, profile of enterprises, and latest data and partners in trade in goods and services.
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