21 Table 2: Key proposed high-level targets Type Acceleration of growth in Gross Domestic Product (GDP) (national level) Target 3%-4% extra growth annually by 2025. This will be effective after two years and will gradually increase to up to 4%. First two years will see an estimate of 3% growth rate in accordance with IMF figures, but no extra growth from digital economy interventions. In year 3, it is predicted to see a growth rate of 1%, In year 4 and 5, an annual growth on minimum 2% is expected. In year 6 to 9, an annual growth of 3%-4% is expected. This corresponds to a 6%-8% overall GDP growth by 2025 (A 3-4% extra growth annually plus the 3-4% IMF projected growth that will happen regardless of an intervention, according to IMF figures). Digital Economy Boost to GDP (Additional GDP growth % on top of annual growth) 10.0% 8.0% 6.0% 4.0% 2.0% 1.0% 2.0% 2.0% 3.0% 3.0% 4.0% 4.0% 0.0% 0.0% 2.6% 3.2% 3.3% 3.6% 3.8% 4.0% 4.0% 4.0% 4.0% 4.0% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.0% Traditional GDP growth (IMF data) Revenue growth across digital economy sectors Revenue is defined as the total income a company generates – domestically and internationally (export) Digital Economy Boost to GDP Accumulative increase by 25%-30% in digital sector’s revenue by 2025. Growth is expected to start after 2 years when regulatory and enabling environment is fully in place. From 2019-2025, an annual average growth in sector’s revenue is expected to be app. 4% on average, reaching a 28% increase in 2025. Absolute figures should be constructed as baseline measurement. (Additional revenue growth % on top of annual sectors revenue) | REACH 2025 ACTION PLAN – ROADMAP TO EXCELLENCE