Kazakhstan is a middle income country with GDP per capita of $10,508 in 2015, significantly ahead of its peers in Central Asia. Growth slowed from 4.1% in 2014 to 1.2% following the collapse of the oil prices.
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In 2017, Belarus’s GDP went up 2.4%, the first positive result since 2014. This meant an exit from a two-year recession, further proof of, which includes an upward trend in industrial production, ... more
Ukraine’s economy is doing better and put in 2.5% in 2017, the State Statistics Service reported on March 21, after revising its growth estimate upwards.
Economic growth was driven by ... more
Following weaker performance at the end of last year, the Russian economy appeared to get back to the track of slow growth in the first two months of this year. The engine of recovery seems to have ... more