Three industries which have experienced similar growth patterns during the period 1966 to 2006 are the Construction and Quarrying, Distribution Services and General Government.
The chart above examines the contributions of three major industries to the country’s GDP from 1966 to 2006. The data clearly demonstrates upward trends in the Services and Petroleum industries.
In 1966, the Services Industry’s contribution to the country’s GDP was 722.7 million TTD by 2006 this figure rose to 56,455.6 million TTD. The beginning of the rapid growth in the Services Industry can be traced to 1989 when the figure stood at 11,357.2 million and has risen steeply in every year until 2006.
A similar pattern was observed for the Petroleum Industries with its contribution to GDP accelerating from 6,544.1 million in 1998, to 52,358.9 million in 2006. The data shows that growth in the Transportation, Storage and Communication Industry has not been as pronounced, moving from 177.6 million TTD in 1966 to 5,857.6 million in 2006.