# Five-year plan

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Quinquennial centralized economic plan

For the punk rock band, see [F.Y.P](/source/F.Y.P).

*Workers' Five-Year Plan* by [Max Piroch](https://en.wikipedia.org/w/index.php?title=Max_Piroch&action=edit&redlink=1) [[de](https://de.wikipedia.org/wiki/Max_Piroch)], created in [Dresden](/source/Dresden), [East Germany](/source/East_Germany) in 1951

A **five-year plan** (**FYP**) is a type of [economic development initiative](/source/Economic_planning)[1] originating in the [Soviet Union](/source/Soviet_Union) in 1928 and later adopted by many other countries.[2] In each five year plan, the plans for all [sectors of the economy](/source/Sectors_of_the_economy) are synchronized for a period of five years.[3] As [centralized](/source/Planned_economy#Central_planning) and integrated national programs, five-year plans have been adopted by most [communist states](/source/Communist_states) and also many [capitalist states](/source/Capitalist_states).[4] The effectiveness of five-year plans are measured against several [performance indicators](/source/Performance_indicators), such as [real national income](/source/Real_income) and [per capita income](/source/Per_capita_income), with set economic targets expected to be fulfilled during and at the end of such plans.[5]

## Five-year plans by country

- [Five-year plans of the Soviet Union](/source/Five-year_plans_of_the_Soviet_Union), a series of nationwide centralized economic plans in the Soviet Union

- [Five-Year Plans of Argentina](/source/Five-Year_Plans_of_Argentina), under Peron (1946–1955)

- [Five-Year Plans of Bangladesh](/source/Five-Year_Plans_of_Bangladesh), ongoing socioeconomic development plans since 1973

- [Five-Year Plans of Bhutan](/source/Five-Year_Plans_of_Bhutan), a series of national economic development plans created by the government of Bhutan since 1961

- [Five-year plans of China](/source/Five-year_plans_of_China) (PRC), a series of social and economic development initiatives

- [Five-Year Plans of Ethiopia](/source/Five-Year_Plans_of_Ethiopia)

- [Five-Year Plans of India](/source/Five-Year_Plans_of_India), which existed from 1947 to 2017

- [Five-Year Development Plans of Indonesia](/source/Five-Year_Development_Plans_of_Indonesia) existed from 1969 to 1998

- [Five-Year Plans of Nepal](/source/Five-Year_Plans_of_Nepal)

- [Five-Year Plans of Pakistan](/source/Five-Year_Plans_of_Pakistan), centralized economic plans and targets as part of economic development initiatives

- [Five-Year Plans of Romania](/source/Five-Year_Plans_of_Romania), economic development projects in Communist Romania, largely inspired by the Soviet model

- [Five-Year Plans of South Korea](/source/Five-Year_Plans_of_South_Korea), an economic development project of South Korea

- [Five-Year Plans of Vietnam](/source/Five-Year_Plans_of_Vietnam), a series of economic development initiatives

- [Five-year plans of the Ba'athist Syria](/source/Five-year_plans_of_the_Ba'athist_Syria), economic planning system in Ba'athist Syria

- [Five-year plan of Yugoslavia](/source/Five-year_plan_of_Yugoslavia), which existed from 1946 to 1951

- [First Malayan Five-Year Plan](/source/First_Malayan_Five-Year_Plan), the first economic development plan launched by the Malayan government, just before independence in 1957, and its successors, the ongoing [Malaysia Plans](https://en.wikipedia.org/wiki/Template:Malaysia_Plan)

## See also

- [Four Year Plan](/source/Four_Year_Plan), a series of economic reforms in Nazi Germany

- [Five-year Plan to Control the Aborigines](/source/Five-year_Plan_to_Control_the_Aborigines), Japanese military plan

- [Economic development](/source/Economic_development)

- [Economic planning](/source/Economic_planning)

- [Planned economy](/source/Planned_economy)

## References

1. **[^](#cite_ref-FOOTNOTESchumacher197550_1-0)** [Schumacher 1975](#CITEREFSchumacher1975), p. 50.

1. **[^](#cite_ref-FOOTNOTEBlackHashimzadeMyles2017_2-0)** [Black, Hashimzade & Myles 2017](#CITEREFBlackHashimzadeMyles2017).

1. **[^](#cite_ref-FOOTNOTESundrum1972934_3-0)** [Sundrum 1972](#CITEREFSundrum1972), p. 934.

1. **[^](#cite_ref-FOOTNOTEGeallPellissery2010156_4-0)** [Geall & Pellissery 2010](#CITEREFGeallPellissery2010), p. 156.

1. **[^](#cite_ref-FOOTNOTEDave19731357_5-0)** [Dave 1973](#CITEREFDave1973), p. 1357.

### Bibliography

- Black, John; Hashimzade, Nigar; [Myles, Gareth](/source/Gareth_Myles) (2017). ["Five-year plan(s)"](http://oxfordreference.com/view/10.1093/acref/9780198759430.001.0001/acref-9780198759430-e-3643). *A Dictionary of Economics*. Vol. 1. [Oxford University Press](/source/Oxford_University_Press). [doi](/source/Doi_(identifier)):[10.1093/acref/9780198759430.001.0001](https://doi.org/10.1093%2Facref%2F9780198759430.001.0001). [ISBN](/source/ISBN_(identifier)) [978-0-19-875943-0](https://en.wikipedia.org/wiki/Special:BookSources/978-0-19-875943-0) – via [Oxford Reference](/source/Oxford_Reference).

- Dave, S. A. (1973). ["Measuring the Performance of Five-Year Plans: A Note"](https://www.jstor.org/stable/4362900). *Economic and Political Weekly*. **8** (30): 1357–1359. [ISSN](/source/ISSN_(identifier)) [0012-9976](https://search.worldcat.org/issn/0012-9976).

- Geall, Sam; Pellissery, Sony (2010). ["Five-Year Plans"](https://www.google.com/books/edition/Berkshire_Encyclopedia_of_Sustainability/pBDwPgAACAAJ). In [Anderson, Ray C.](/source/Ray_Anderson_(entrepreneur)) (ed.). *Berkshire Encyclopedia of Sustainability*. Vol. 7. [Berkshire Publishing Group](/source/Berkshire_Publishing_Group). [ISBN](/source/ISBN_(identifier)) [978-1-933782-69-0](https://en.wikipedia.org/wiki/Special:BookSources/978-1-933782-69-0).

- [Schumacher, Ernst Friedrich](/source/E._F._Schumacher) (1975) [1973]. *[Small Is Beautiful: Economics As If People Mattered](/source/Small_Is_Beautiful%3A_Economics_As_If_People_Mattered)*. Harper Colophon Books. [ISBN](/source/ISBN_(identifier)) [978-0-06-090432-6](https://en.wikipedia.org/wiki/Special:BookSources/978-0-06-090432-6).

- Sundrum, R. M. (1972). ["Studies in Planning Techniques: I: The Planning Horizon"](https://www.jstor.org/stable/4361337). *Economic and Political Weekly*. **7** (19): 934–942. [ISSN](/source/ISSN_(identifier)) [0012-9976](https://search.worldcat.org/issn/0012-9976).

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