Az outperforms South-Eastern Europe and CIS in economic growth

Az outperforms South-Eastern Europe and CIS in economic growth

Az outperforms South-Eastern Europe and CIS in economic growth

The FINANCIAL -- According to APA, UNCTAD’s “World Investment Report 2006” reads that there was an increase in investment flow to South-Eastern Europe and Commonwealth of Independent States.

 

According to the report, this region absorbed significant part of global foreign investments and investment inflow is predicted to further increase in the coming years.


Compared to a 2.5% share in global GDP generation, the countries in South-Eastern Europe and CIS enjoyed a 3.2% share in investment inflow.


According to the report, Azerbaijan’s economic performance outmatched the region countries. The group of leaders also includes Bulgaria, Croatia, Kazakhstan and Ukraine. The next group includes Albany, Armenia, Georgia, Kyrgyzstan, Moldova, Romania and Tajikistan.


Among 141 countries, Bulgaria rated the 7th and Azerbaijan 12th for global achievements. They are followed by Georgia (15th), Tajikistan (16th) and Romania (21st).

 


 


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