Armenia leads EAEU in GDP and industrial production growth in first half of year

August 14 2024, 16:35

Economy and Business

According to the EDB macroeconomic review, the growth rate of real GDP in Armenia amounted to 10.4% in the first half of this year compared to the same period last year.

This figure is the highest among the EDB member states: Kazakhstan (3.3%), Russia (4.7%), Belarus (5%), Kyrgyzstan (8.1%), and Tajikistan (8.2%).

The growth rate of real industrial production in Armenia is also the highest, reaching 18.2%, while in Belarus, this indicator is 7.1%; in Kazakhstan, it is 2.8%; in Kyrgyzstan, it is 1%; in Russia, it is 4.4%; and in Tajikistan, it is 11.5%.