icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
23 Jul, 2008 05:14

Russia in top four for GDP growth

Russia in top four for GDP growth

Russia will be in the top four of the world’s fastest growing economies this year, according to US broker Merrill Lynch.

The country’s GDP will grow by 8 percent in 2008. But that's only half the rate of the leader – Qatar – with GDP expanding by almost 15 percent.

Analysts say high oil prices accelerate the development of energy producing countries.

But they point out that, despite high energy prices, there are signs that Russian growth is slowing down.

In June Russia attracted less investment and according to the state statistics service, Rostat, industrial growth was minimal.

Podcasts
0:00
23:13
0:00
25:0