Structure of Czech Republic Economy.
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Among the various sectors of the economy the percentage share of the services sector in the total GDP is the highest.
Among the various sectors of the economy the percentage share of the services sector in the total GDP is the highest.
It was 58.8 as in the year 2004.
The agriculture sector has lost its relative importance in the recent years. The percentage share of the agriculture sector in the total GDP has followed a declining trend. From the given statistics, the percentage share of the agriculture in total GDP has declined to 3.1 in the year 2004 from 5.3 in 1994.
The average annual growth rate of agriculture of the country in 2004 was 2.1. Agricultural products of the country are wheat, rye, corn, barley, potatoes, sugar beets, hops, fruit; pigs, poultry, and forest products.
The major industrial products of the country are motor vehicles, electric power equipment, chemicals, food processing, glass and tourism. The percentage share of the industrial sector in the total GDP is also following a declining trend. It was of 38.1 in the year 2004.
The manufacturing sector is making well in the economy in the recent years.
The following table shows the percentage share of the various sectors of the economy in total GDP over the years.
% Of GDP 1994-95 2003-04 2004-05 Agriculture 5.3 3.1 3.1 Industry 43.6 38.1 38.1 Manufacturing 25.8 26 Services 51.1 58.8 58.8
