Economy of Eastern Europe

ebook Economy in countries, Book 26 · Economy in countries

By Ivan Kushnir

cover image of Economy of Eastern Europe

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This book about the economy of Eastern Europe from the 1970s to the 2010s. Source data from UN Data.

Size. In the 2010s, the GDP of Eastern Europe was equal to $3.2 trillion per year; the value of agriculture was $116.4 billion; the value of industry was $746.0 billion.

Productivity. In the 2010s, the gross domestic product per capita was $10 925.7, the value of agriculture per capita was $395.6, the value of industry per capita was $2 534.9. Since the productivity is between the average and the average of above average, the economy is classified as developed.

Growth. In the 2010s, the growth of gross domestic product was 2.3%; the growth of agriculture was 1.2%; the growth of industry was 2.5%.

Structure. In the 2010s, the economy of Eastern Europe consisted of: services (36.5%), industry (26.3%), trade (16.7%), transportation (9.3%), construction (7.0%), and agriculture (4.1%).

Exports and imports. In the 2010s, the exports were 11.6% higher than the imports, the net exports were equal to 4.3% of the GDP.

Consumption and reproduction. The attitude of reproduction to the consumption is not better than the global average, so the share of GDP in the world will not increase.

Economy of Eastern Europe