LIFE IN AZERBAIJAN TURNS OUT CHEAPER THAN IN ARMENIA AND GEORGIA

Today, Azerbaijan
Dec 18 2007

The World Bank has compared consumer prices in 146 countries of
the world.

Thus, the consumer prices are the lowest in Kyrgyzstan, Tajikistan,
Ethiopia, Gambia and Bolivia.

The report "International Comparison Program Preliminary Global Report
Compares Size of Economie" compares indicators as of 2005.

According to the report, the GDP of the world made up $55 trillion in
2005. At the same time, 2/3 of the world GDP are ensured only by 12
countries, including the United States, Japan, Germany, Great Britain,
France, Italy, Spain, China, India, Russia, Brazil and Mexico.

The leaders among the countries by a relatively high purchasing
capacity are the United States, China, Japan, Germany and India,
while Russia provides for 3/4 part of the post-Soviet countries’ GDP.

The five countries which are the most expensive for living and
establishing business included Iceland (154 points), Denmark,
Switzerland, Norway and Ireland. The United States (100 points)
occupied the 20th place on the list, lagging behind France (114),
Germany (111), Japan and Great Britain (118 points each).

The expensiveness of living in Russia is estimated at 45 points,
Kazakhstan-43 points, Georgia 41, Armenia-39, Belarus-36, Azerbaijan
and Moldova-35. Ukraine-33.

Latvia and Estonia got 53 points each and Estonia 62 points. Life is
the cheapest in Tajikistan (24 points), Ethiopia, Gambia, Kyrgyzstan
(28 points) and Bolivia.