A newly industrialized country, the Philippine economy has been transitioning from one based upon agriculture to an economy with more emphasis upon services and manufacturing. Of the country's 2018 labor force of around 43.46 million, the agricultural sector employed 24.3%, and accounted for 8.1% of 2018 GDP. The industrial sector employed around 19% of the workforce and accounted for 34.1% of GDP, while 57% of the workers involved in the services sector were responsible for 57.8% of GDP.