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National Bank presented comparisons of Kazakhstan economy with economies of CIS and Eastern Europe countries
/IRBIS, Feb 9, 01/ - The National Bank of Kazakhstan, in its press-release, devoted to current situation on the financial market of the country gave a comparisons of Kazakhstan economy with economies of CIS and Eastern Europe countries.
The data presented in the table (in % during period) show that Kazakhstan takes best positions among CIS countries. Kazakhstan can also be compared with Eastern European countries within inflation and devaluation indicators. Data presented on accumulated basis of five year period.
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For 2000 1996-2000
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exchange exchange rate
Country GDP rate (to USD) inflation GDP (to USD) inflation
---------- ---- ------------- --------- ---- ------------- ---------
Kazakhstan 9.6 5.17 9.8 12.9 127.29 88.6
---------- ---- ------------- --------- ---- ------------- ---------
Russia 7.6 5.70 20.1 2.6 515.09 308.7
Ukraine 6.0 4.42 25.8 -9.6 203.35 176.8
Kyrgyzstan 5.0 6.93 9.6 29.0 331.25 180.7
---------- ---- ------------- --------- ---- ------------- ---------
Hungary 5.5 12.78 9.8 21.8 104.19 92.4
Poland 5.2 -0.24 **9.3 30.2 71.07 76.6
Turkey *6.9 23.99 **43.8 21.9 1,025.39 1,374.6
---------- ---- ------------- --------- ---- ------------- ---------
* - for 9 months;
** - for 11 months;
In Hungary and Ukraine devaluation is estimated at official exchange rate.