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Armenia remains EAEU leader in terms of economic growth

armenpress.am3 days ago
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Armenia remains EAEU leader in terms of economic growth

The GDP in the EAEU member states rose by 1% in January-June 2019 against the same period of 2018. Like the previous year, this year again Armenia recorded the highest growth of GDP, amounting to 6.8%, followed by Kirgizstan with 6.4%. In the mentioned period investments in the Union rose by 2.1%, where Kazakhstan recorded the highest rise – 11.7%.

ARMENPRESS reports the Eurasian Economic Commission published the main social-economic indexes of the EAEU member states for the period of January-July of the current year. In the mentioned period, except foreign and mutual trade, the EAEU recoded growth in all the remaining aspects.

In the mentioned period industrial output amounted to 685.7 billion USD in the Union, which is an increase of 2.6% against last year. Russia’s share in the total industrial output of the Union amounts to 88.4%, Kazakhstan’s share is 6.5%, Belarus’s share is 4.5%, while Armenia’s and Kirgizstan’s ...

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