The chart shows components of GDP in the UK from 1992 to 2000.

The bar chart illustrates the gross domestic product generated IT and

Service

Industry

in the UK from 1992 to 2000. It is measured in percentages.

Overall

, it can be seen that both increased as a percentage of

GDP

, but IT remained at a higher rate throughout

this

time. At the beginning of the period, in 1992, the

Service

Industry

accounted for 4 per

cent

of

GDP

,

whereas

IT exceeded

this

, at just over 6 per

cent

. Over the next four years, the levels became more similar, with both components standing between 6 and just over 8 per

cent

. IT was still higher

overall

, though it dropped slightly from 1994 to 1996.

However

, over the following four years, the patterns of the two components were noticeably different. The percentage of

GDP

from IT increased quite sharply to 12 in 1998 and

then

nearly 15 in 2000,

while

the

Service

Industry

stayed nearly the same, increasing to only 8 per

cent

.

At the end

of the period, the percentage of

GDP

from IT was almost twice that of the

Service

Industry

.