Content and main features of a market economy Plan: introduction

The structure of GDP by type of economic activity in 2017-2019 (in% of total)⁸

	2017	2018	2019
I. GDP, total	100,0	100,0	100,0
including:
Gross value added of networks	88,5	88,8	90,9
Net taxes on products	11,5	11,2	9,1
II. Gross value added of networks	100,0	100,0	100,0
Agriculture, forestry and fisheries	34,0	31,5	28,1
Industry (including construction)	27,9	32,6	36,4
Industry	22,2	26,5	30,0
Construction	5,7	6,1	6,4
Services	38,1	35,9	35,5
trade, accommodation and catering services	8,0	7,4	6,9
transportation and storage, information and communication	9,5	8,5	7,7
other service	20,6	20,0	20,9

Comparative analysis of sectors of the economy in 2017-2019 shows an increase in the share of industry to 30.0% (26.5% in 2018, 22.2% in 2017) and agriculture, forestry and fisheries Table 3 allows to record the structural changes associated with the decrease in the share of the network to 28.1% (in 2018 - 31.5%, in 2017 - 34.0%).

Also, in the reporting year, the growth of the share of the construction sector in the GDP (GVA) to 6.4% (in 2018 - 6.1%, in 2017 - 5.7%) and the share of the services sector - 35.5% (in 2018 - 35.9%, in 2017 - 38.1%) (Figure 4).


Figure 4. Sectoral structure of GDP in 2019⁹
The economic growth rate in 2019 is related to the positive dynamics observed in key sectors of the economy. Gross value added created in all sectors of the economy accounted for 90.9% of total GDP and grew by 5.6% (the impact on absolute GDP growth was 5.0 percentage points). The share of net taxes on products in GDP was 9.1%, an increase of 5.6% (respectively, the impact on absolute GDP growth was 0.6 %) (Figure 5).
At the end of 2019, there was a positive growth of 2.5% in agriculture, forestry and fisheries. The sector's impact on absolute GDP growth was 0.7 percentage points. Positive growth rates in agriculture, forestry and fisheries are associated with a 3.7% increase in agricultural production and a 1.7% increase in livestock production.
In 2019, the value added of the industrial sector increased by 6.6%. The positive impact of industrial production on the absolute growth rate of GDP was 1.6 The positive dynamics in the industrial sector is mainly due to the growth of value added of the manufacturing (processing) industry by 9.4% (in 2018 - 7.9%, in 2017 - 4.2%). After a significant increase over the past two years, there has been a 1.0% decrease in the value added of the mining industry and open pit mining industry in comparable prices (growth in 2018 - 26, 5%, in 2017 - 17.6%).