ARMENIA’S ECONOMIC GROWTH RANKS SECOND IN CIS
Tert.am
11:00 05.09.11
Armenia’s economy performed well in January-July 2009, according to
the CIS Interstate Statistical Committee.
With a 12.4% economic growth rate, the country ranks the second on
the CIS territory. The first country in the list is Kazakhstan whose
economic growth was estimated at 15.1%.
The lowest growth ~V 2.3% – was recorded in Azerbaijan.
As for the industrial output, it grew 10.9% in Belarus, 4.8% in
Kazakhstan, 9.1% in Moldova (in the first six months of 2011), 5.3%
in Russia, 5.2% in Tajikistan, 6.8% in Uzbekistan (in the first six
months of 2011) and 8.7% in Ukraine. As to Turkmenistan, no records
are available about the country.
In the first seven months of 2011, the overall industrial output of
the CIS countries had grown by 5.9% compared to the same period 2010.
Disclaimer: This article was contributed and translated into English by Kalantarian Kevo. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2011/09/05/armenias-economic-growth-ranks-second-in-cis/