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The World Economy at the Beginning of 1998

Table A.5. Economies in transition: rate of growth of real GDP, 1988-1998
(Annual percentage changea)

  1988 1989 1990 1991 1992 1993 1994 1995 1996b 1997c 1998c
                       
Economies in transitiond 3.0  1.4  -6.1  * -8.1  -13.0  -9.2  -7.0  -1.1  -0.3  1.7  3.25
                       
Central & Eastern Europe and Baltic Statesd          -12.6  -7.6  3.6  4.7  3.9  3.1  4.5
                       
Central & Eastern Europed 1.1  0.2  -10.0  * -11.3  -9.5  -5.7  4.0  4.9  3.9  3.0  4.5
                       
  Albania -1.5  9.9  -10.0  -28.0  -7.3  9.7  9.4  8.0  9.1  -10.0  2   
  Bulgaria 2.6  -1.9  -9.1  -11.8  -7.2  -1.5  1.8  2.1  -10.9  -5.6  3   
  Former Czechoslovakia 2.4  0.7  -1.5  -14.3  -6.6             
  Czech Republic           0.5  2.7  4.8  4.1  1.4  3   
  Slovakia           -4.0  5.1  6.7  6.9  5.8  5.5
  Hungary -0.1  0.7  -3.5  -11.7  -3.1  -0.6  2.9  1.5  1.3  3.6  3.75
  Poland 4.1  0.2  -11.6  -7.0  2.7  3.8  5.3  6.9  6.0  5.8  5.5
  Romania -0.5  -5.8  -5.6  -12.9  -8.8  1.6  3.9  7.1  4.1  -2.2  7.5
  Yugoslavia -1.6  0.6                   
  Croatia     -7.5  -18.9  -2.0  -2.6  6.0  2.6  5.1  5.7  5.5
  Slovenia     -8.1  -8.9  -5.5  2.9  5.3  4.2  3.0  4.0  4   
  TFYR of Macedonia     -10.2  -7.0  -7.9  -9.1  -1.9  -1.2  0.7  4.0  4.5
  Fed. Rep. of Yugoslavia     -7.9  -11.6  -27.9  -30.8  2.7  3.8  4.4  1.0  2   
                       
  Baltic States         -31.4  -22.3  0.2  2.1  3.5  4.6  5.25
                       
    Estonia         -14.1  -8.5  -1.8  4.2  4.1  6.0  6.5
    Latvia         -34.9  -14.9  0.8  -1.0  2.9  3.8  4.5
    Lithuania         -34.0  -30.3  0.8  2.9  3.6  4.5  5   
                       
Former Soviet Union 4.5  2.2  -3.1  -6.2               
                       
Commonwealth of independent states         -13.4  -10.5  -15.3  -6.7  -4.9  -0.0  1.75
                       
  Armenia         -41.7  -8.8  5.4  6.9  5.8  6.0  7   
  Azerbaijan         -22.6  -23.1  -19.7  -11.7  1.1  5.5  7   
  Belarus         -9.6  -7.7  -12.6  -10.3  2.5  5.0  4   
  Georgia         -44.9  -29.3  8.8  3.2  11.3  10.0  9   
  Kazakstan         -5.3  -9.1  -12.7  -8.2  0.5  2.0  4   
  Kyrgyzstan         -13.9  -15.5  -20.1  -5.3  5.6  3.0  7   
  Republic of Moldova         -29.0  -1.2  -31.2  -1.8  -8.1  -2.0  3   
  Russian Federation         -14.5  -8.6  -12.8  -4.1  -5.5  0.5  1.5
  Tajikistan         -31.0  -17.4  -12.6  -12.5  -16.8  -4.0  2   
  Turkmenistan         35.7  1.4  -17.1  -10.0  0.1  -4.0  4   
  Ukraine         -9.9  -14.2  -22.8  -12.2  -10.0  -5.1  -1   
  Uzbekistan         -11.0  -2.3  -5.1  -1.2  1.6  3.2  5   

Source: UN/DESA and ECE.

Note: * indicates discontinuity in series.

a Country group aggregates are averages weighted by GDP in 1993 dollars (for methodology, see World Economic and Social Survey, 1997 (United Nations publication, Sales No. E.97.II.C.1 and corrigenda), annex, introductory text.
b Partly estimated.
c Forecast.
d Including the former German Democratic Republic until 1990. | Search | Parliament  | Governments | Regions | Issues

Copyright © United Nations
Department of Economic and Social Affairs
Comments and suggestions: esa@un.org
29 December 1997