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Ukraine posts highest CIS growth in 2004

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  • Ukraine posts highest CIS growth in 2004

    Ukraine posts highest CIS growth in 2004

    Interfax
    Feb 7 2005

    MOSCOW. Feb 7 (Interfax) - Ukraine posted the highest economic growth
    among CIS nations in 2004, with GDP rising 12%, the CIS Interstate
    Statistical Committee said.

    Russia and Kyrgyzstan had the lowest growth of 7.1% in both cases,
    the committee said.

    GDP grew 11% in Belarus, 10.6% in Tajikistan, 10.2% in Azerbaijan,
    10.1% in Armenia, 9.4% in Kazakhstan, 8.4% in Georgia and 7.3% in
    Moldova, the committee said.

    The committee did not give GDP growth figures for Turkmenistan or
    Uzbekistan.

    GDP grew 8% in the CIS as a whole in 2004, as in 2003. Industrial
    output was up 7%, compared with 8% in 2003, retail grew 13%, compared
    with 10%, and capital investments increased 14%, compared with 16%.
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