Industry accounted for 7 percent of Mongolia’s Net Material Product (NMP) in 1950, but for 35 percent of the total by 1985, and trade increased from 10 percent in 1950 to 26 percent by 1985. Agriculture, including herding, which accounted for 68 percent of NMP in 1950, had declined to 20 percent by 1985. In 1960, 61 percent of the employed worked in the agricultural sector, but by 1985 only 33 percent earned their livelihoods in that sector. GDP figures for Mongolia record growth throughout the 1980s. As late as 1988, the annual increase in GDP amounted to 5.1 percent.