Business Environment, 4th Edition by Pearson

National Income | 181

Gross Value Addition (GVA)

In the year 2017–18, the public sector, comprising general government (adminis-

trative departments and autonomous institutions of the Government) and public

corporations (departmental enterprises and non-departmental enterprises) contrib-

uted 18.9 per cent in the total GVA. During the period, the household sector was the

largest contributor, followed by private non-financial corporations with the shares

of 43.1 per cent and 35.0 per cent respectively in the total GVA.

At current prices, the shares of primary and secondary sectors have gone down

from 21.7 per cent and 29.3 per cent respectively in ...