Bank Of Baku

The lowest economic growth in the CIS recorded in Azerbaijan

The lowest economic growth in the CIS recorded in Azerbaijan
# 16 April 2012 15:14 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. According to result of 2011, the lowest economic growth among the CIS countries was recorded in Azerbaijan. Official information of the CIS Interstate Statistic Committee reports that last year economic growth in Azerbaijan made 0.1%.

The highest economic growth was observed in Turkmenistan – 14.7%.

Country

GDP growth

Turkmenistan

14.7%

Uzbekistan

8.3%

Kazakhstan

7.5%

Tajikistan

7.4%

Moldova*

6.7%

Kyrgyzstan

5.7%

Belarus

5.3%

Ukraine

5.2%

Armenia*

4.4%

Russia

4.3%

Azerbaijan

0.1%


* January-September. 2011
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