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%.