Ukraine has the largest GDP [growth] in CIS countries

ITAR-TASS News Agency
TASS
October 9, 2004 Saturday 11:42 AM Eastern Time

Ukraine has the largest GDP in CIS countries

By Valery Rzhevsky
KIEV, October 9

Ukraine has the largest GDP among the CIS countries. “Ukraine’s GDP
grew by 13.6%, the fastest rate among the CIS countries, in
January-August 2004,” says a report of the CIS Committee for
Statistics that was published in Kiev on Saturday.

The economies of Tajikistan, Belarus and Armenia developed at a rate
of 11.7%, 10.7% and 9.6%, respectively. Then come Azerbaijan (9.5%),
Georgia (9.42%), Russia (7.55%), Kirghizia (7.3%) and Moldova
(6.52%).

The GDP in the CIS countries grew at an average rate of 8% in
January-August 2004. Industrial production also grew at 8%. The
growth of retail trade turnover is estimated at 12%, the report says.

From: Emil Lazarian | Ararat NewsPress

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