*The bubble size is proportional to the employment size in each industry.
* Labour productivity and value-added are in real terms.
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* Do a right click on the chart for more interactive functions. |
| This clip illustrates the trends in value-added (VA), productivity and employment over the period 1991-2009. Manufacturing was the largest industry while Financial Services had the highest productivity. Productivity increased most rapidly in Information and Communications. While VA and productivity were affected by the Asian Financial Crisis (1997-8), 911 incident (2001) and SARS (2003), the upward trends remained intact from 1991 to 2007. On the back of the global financial crisis, GDP growth slowed in 2008 and turned negative in 2009. This, coupled with employment growth, led to a decline in overall productivity in both years. |
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