What is the largest sector?

What is the largest sector?

Services Sector
Services Sector : Services sector is the largest sector of the world as 63 percent of total global wealth comes from services sector.

What are the top 5 sectors?

Other sectors making notable contributions to the economy over the last decade include construction, retail, and non-durable manufacturing.

  1. Healthcare. The health sector helped the U.S. recover from the 2008 financial crisis.
  2. Technology.
  3. Construction.
  4. Retail.
  5. Non-durable Manufacturing.

What are the main industry groups?

GICS Industry Groups

  • Automobiles and Components.
  • Banks.
  • Capital Goods.
  • Commercial and Professional Services.
  • Consumer Durables and Apparel.
  • Consumer Services.
  • Diversified Financials.
  • Energy.

What are the biggest sectors of the economy?

The Biggest Industries In The United States

  • Finance and Insurance.
  • Health and Social Care.
  • Durable Manufacturing.
  • Retail Trade.
  • Wholesale Trade.
  • Nondurable Manufacturing.
  • Federal Government.
  • Information.

What are the 5 largest industries in the world?

Now let’s take a look at the 10 biggest industries in the world in 2021 starting from number 10.

  • Telecommunication. Market value: $1.74 trillion.
  • Automobile Manufacturing. Market value: $3 trillion.
  • Oil and Gas E&P. Market value: $4.6 trillion.
  • Food Industry. Market value: $5 trillion.
  • Information Technology.

What are the 5 sectors?

Sectors of the Economy: Primary, Secondary, Tertiary, Quaternary and Quinary.

What are the 11 sectors?

The order of the 11 sectors based on size is as follows: Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

How many industry sectors are there?

GICS breaks out the world’s companies into the 11 highest level categories, described in greater detail below. These 11 sectors are broken down further into 24 industry groups, 68 industries, and 157 sub-industries. This method concentrates on grouping companies based on their primary business activity.

What is the #1 industry in the world?

That’s right, the financial industry is the largest industry in the world! Totalling $109 trillion, it dwarfs the competition. (1) For comparison, real estate is worth $33 trillion and retail amounts to $26 trillion.

Which is the richest sector in the world?


Rank Name Industry
1 Walmart Retail
2 State Grid Electricity
3 Amazon Retail, Information Technology

How many sectors are there?

There are four different sectors in the economy: primary, secondary, tertiary, and quaternary.

What are the largest sectors by revenues?

Largest Sectors by Revenues include every company within the Sector. Largest Sectors by Revenues calculation may combine companies, who have reported financial results in different quarters. To view detailed information about sector’s performance and Industry ranking within it’s Sector, click on each sector name.

How many different stock market sectors are there?

There are 11 different stock market sectors, according to the most commonly used classification system: the Global Industry Classification Standard (GICS). We categorize stocks into sectors to make it easy to compare companies that have similar business models.

What is industry group rankings?

Industry Group Rankings. The Industry Rankings page allows you to screen for stocks by grouping, which can help classify stocks in the same type of business for comparison purposes.

How many sectors are there in the S&P 500?

There are currently 11 sectors and 69 industries. Several of the 69 industries do not have companies represented in the S&P 500 Index; therefore, performance is not available for those industries. The number of industries that do not have representative stocks may vary over time.