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Global Macro-Market Outlook

Commonwealth of Independent States: 2011 Outlook

By Kavitha Cherian and Rachel Ziemba
Dec 7, 2010 | Last Updated
Global Economics Outlook, GDP and CPI data for Commonwealth of Independent States

Note: We have reweighted the regional growth numbers, which has accounted for some discrepancy with our last Outlook.

  • The region will maintain a steady recovery led by oil exporters.
  • Growth in the smaller CIS countries will be subject to the recovery in Russia, which is a source of trade, remittances and investment.
  • Lingering financial vulnerabilities in Ukraine and Kazakhstan will impair domestic demand as banks slowly rebuild balance sheets.

Growth Dynamic: Oil Exporters Outpace Oil Importers

RGE expects the CIS to moderate slightly in 2011, growing just under 5% in 2011 compared[...]

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