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Azerbaijan reports highest GDP growth rate for January

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  • Azerbaijan reports highest GDP growth rate for January

    Azerbaijan reports highest GDP growth rate for January

    RosBusinessConsulting Database
    May 6, 2005 Friday

    In January 2005, Russia was ranked seventh among CIS members rated
    on its GDP growth of 4 percent from the first quarter of 2004, the
    Interstate Statistical Committee of the CIS has reported. In 2004,
    Russia shared the ninth position with regard to the GDP growth with
    Kyrgyzstan.

    According to the Committee's statistics, over the given period,
    Azerbaijan (10.8 percent) and Belarus (9.6 percent) demonstrated the
    highest GDP growth. Tajikistan and Armenia ranked third with the GDP
    growth of 7.8 percent, and in Ukraine, and Kyrgyzstan the rate stood
    at 5.4 and 2 percent respectively. The average GDP growth for the
    CIS was determined at 5 percent.
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