Comparison of Regional Growth Targets
Provinces are supposed to draft five-year plans (5YP) that are consistent with the national plan, but there is always a gap between them, as well as variation across the country. As is common practice, provinces pursued higher GDP growth figures than the national government in the 12th and 13th 5YPs. The 31 provinces on average set an annual growth target of 7.7 percent, 1.2 percentage points higher than the national rate of just over 6.5 percent. However, this gap is trivial compared to the gap in the 12th 5YP, when the national rate was 7.0 percent and the provincial average was 10.3 percent, a whopping difference of 3.3 percentage points.
Note: Where provinces list a range (e.g. 7.0-7.5%), we use the average of the range for this figure (e.g. 7.25%)