Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

11 Most Profitable Industries in the World

If you ever wondered what is the best industry to be in, our list of most profitable industries in the world will give you the answer. Maybe it isn’t too late to change your career choice after all.

Industry in its most plain definition is the production of goods or services within the economy. There are many classifications of industries, but the three-sector theory is the most common one. This theory divides industry branches into three sectors: primary, secondary and tertiary. To the primary sector belong all the industries that directly make use of natural goods like agriculture, mining, fishing, etc. Manufacturing industries belong to the secondary sector and providing services make the tertiary sector. In the recent years, some authors are claiming that there are two more sectors: quaternary belonging to knowledge and quinary sector for culture and research.

11 Most Profitable Industries in the World

Sakarin Sawasdinaka/

Industries are integral parts of most countries and societies and employ the majority of the population. Depending on the country’s development, differences between percentages of the workforce in each industry sector can be major. In developed countries, most people work in the tertiary sector. In the USA for example, 70% of the working population works in the service sector, making them the most profitable ones, which you may have noticed in our list of most profitable industries in America. This high rate of the workforce in service sector enabled the USA to be the second largest industry force by industrial output in 2015 in the world. China ranks first with industrial output in 2015 being 4,922 billion USD.

All these information have shown us how important industry is for the economy of a certain country. Now let us see in our list of most profitable industries in the world below, which of the industries are paying off the most. To find out, we used the report made by Sageworks, a financial information company, who ranked all industries by net profit margin in 2015. Net profit margin is “the percentage of revenue remaining after all operating expenses, interest, taxes and preferred stock dividends (but not common stock dividends) have been deducted from a company’s total revenue.”

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.