Excerpt:
"In fact, across all countries and years, “services” comprises about 20 percent of the occurrences of all terms, with tourism in particular getting more attention. “Agriculture” and “agricultural” are the second most frequently used terms, followed by “industry” and “industrial.” By contrast, “manufacturing” comes up only 2 to 5 percent of the time, depending on the income group (5 percent for advanced economies). “Manufacturing” appears even less often than terms such as “institutions,” “privatization,” and “infrastructure.”
Despite being affected heavily by the Covid-19 pandemic, services still take the center stage.
https://blogs.imf.org/2021/02/16/when-it-comes-to-services-vs-manufacturing-words-matter/
Image credit - IMF Blog
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