ECONOMY
AZERBAIJAN IS LEADER ON CIS SPACE ON GDP AND INDUSTRIAL PRODUCTION
Baku, 3 December (AZERTAC). The CIS Interstate Statistical Committee announced indicators of ten months on GDP (gross domestic production) and industrial production. In January-October, the highest indicator on gross domestic product - 8,3 percent has been registered in Azerbaijan. Following comes Uzbekistan (8 percent), Kyrgyzstan (3,2 percent) and Tajikistan (2,9 percent).
For ten months, GDP in the CIS countries have decreased in comparison with the similar period of last year for 9 percent.
In this area Armenia is “leading” with about 17,5 percent. During the period under review, the GDP in Ukraine has decreased for 15,9 percent, in Russia - for 9,6 percent.
Azerbaijan is the only country on CIS space which achieved growth in industrial production. So, in Jan-Oct, industrial production in republic has increased in comparison with the similar period of 2008 by 7,4 percent.
During this period, industrial output in Moldova has decreased for 24,1 percent, in Kyrgyzstan - for 13,9 percent, in Russia - for 13,3 percent, in Armenia - for 11,4 percent, in Tajikistan - for 8,6 percent, in Belarus - for 4,5 percent, in Kazakhstan - for 0,2 percent.