GDP Performance Of Each Province In Zimbabwe
Zimbabwe last week released its routine post-cabinet briefing which also highlighted on the Gross Domestic Products (GDPs) for all the country’s 10 provinces.
The provincial production data from the post-cabinet briefing was divided into two categories: gross domestic and per capita (per person).
Investopedia.com defines gross domestic product (GDP) as the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. Though GDP is typically calculated on an annual basis, it is sometimes calculated on a quarterly basis as well.
According to the post-cabinet meeting briefing data, GDP is the total value of products made in the province and then bought and sold within locally and or abroad.
Based on the data in the post-cabinet briefing, the GDP performance of each province, in order of size from the biggest to the smallest is as follows:
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- Harare, US$9.56 billion
- Bulawayo, US$2.26 billion
- Mashonaland East, US$2.22 billion
- Mashonaland West, US$2.14 billion
- Midlands, US$1.94 billion
- Manicaland, US$1.46 billion
- Masvingo, US$1.41 billion
- Matabeleland North, US$1.16 billion
- Mashonaland Central, US$1.08 billion
- Matabeleland South, US$0.94 billion
On a per capita (per person) GDP basis, from the highest per capita GDP to the least, the performance turns out as follows:
- Harare, US$3 614
- Bulawayo, US$3 048
- Mashonaland East, US$1 408
- Matabeleland North, US$ 1 333
- Mashonaland West, US$1 206
- Matabeleland South, US$1 186
- Midlands, US$1 026
- Masvingo, US$820
- Mashonaland Central, US$784
- Manicaland, US$743
Of great concern is the GDP for Bulawayo considering that the city used to be the economic hub of Zimbabwe.
The report has since resuscitated debate on the marginalisation of some provinces in the country.
Some, however, doubt the credibility of the data. TheNewsHawks’ Brett Chulu says some who saw the data are failing to reconcile with the thought that a province such as Manicaland with diamond production, fruit production, tea estates, timber, tourism and dairy production can lag behind Matabeleland South, prosperity-wise, with mining and diminished beef industry and a relatively small horticultural sector centred around Beitbridge’s citrus plantations.
More: The NewsHawks
