2003 GDP grew by 7% in CIS
According to
CIS Statistics Committee, the average GDP (Gross Domestic Product) growth in
CIS reached 7% in 2003 when compared to 2002.
CIS Statistics Committee reported that the highest GDP growth rate in 2003 was recorded in
Armenia with 13.9%.
Moldova showed the most moderate GDP growth by 6.3%.
In 2003,
Azerbaijan's GDP increased by 11.2% while
Tajikistan,
Georgia,
Ukraine,
Belarus and Kyrgyztan's GDP were up by 10.2%, 8.6%, 8.5%, 6.8% and 6.7% respectively. In 2003, GDP has increased by 7% in
Russia.