Author`s name Pravda.Ru

Russia's Gdp Growth Stood At 8.3 % In 2000

According to the State Statistics Committee, Russia's GDP grew by 8.3 percent in 2000. RIA Novosti learnt this in the Committee, whose officials noted that earlier the GDP growth had been reported at the level of 7.7 percent. The officials at the Committee indicate that the differences between these figures were due to the specified data base of calculations, updating of the scope of trade and intermediate activities, and specified volumes of foreign trade operations in the balance of payments. According to the Committee, in the first quarter of 2000 the GDP increased by 9 percent year-on-year, in the second quarter by 8.6 percent, in the third quarter by 8.8 percent and in the fourth quarter by 6.8 percent. In 1999 the GDP climbed up by 5.4 percent compared with 1998.