| Indicator | 1991 |
1992 | 1993 | 1994 |
1995 | 1996 | 1996 to 1991 |
[Line] |
| Output and Income | (Percent Change from Previous Year) |
[1] | Real Gross Domestic Product (GDP) [note1] |
-8.7 | -16.8 | -14.2 | -23 |
-11.8 | -10 | -60.2 |
[2] | Industrial Output | -4.8 | -6.8 |
-8 | -28.2 | -11.5 | -5.1 |
-50.8 |
[3] | Employment | -1.7 | -4 |
-2.3 | -5.4 | n.a. | n.a. |
[4] | Capital Investment | -7.1 | -36.9 |
-10.3 | -22.7 | n.a. | n.a. |
[5] | Labor Productivity | -11 | -13.4 |
-13 | n.a. | n.a. | n.a. |
|
| Prices and Wages |
[6] | Consumer Price Index (CPI) [note 2] | 261 |
2,830 | 10,255 | 501 | 282 | 140 |
5,720,740 |
[7] | Wholesale Price Index (WPI) [note 2] | 263 |
3,928 | 9,767 | 655 | 281 |
117 | 8,223,932 |
[8] | Official Average Wage Index [note 2] | 240 |
2,304 | 3,948 | 418 |
369 | 117 | 1,794,030 |
|
| Government Finances | (Percent of GDP) |
[9] | State Budget Revenue | 36.5 | 32.8 |
40 | 49.2 | 40.2 | 37.4 |
[10] | State Budget Expenditure | 50.6 | 45 |
46.5 | 59.7 | 48.2 | 41.9 |
[11] | State Budget Balance | -14.1 | -12.2 | -6.5 |
-10.5 | -8 | -4.5 |
[12] | Extrabudgetary Funds Balance [note 4] | 0.5 |
3.5 | 0.5 | 0.4 | 0.4 | 0.4 |
[13] | Directed Credits (1996 Est.) | 13.6 |
12.8 | 8 | 4.2 | 3.2 | 1.1 |
[14] | General Government Balance | -27.2 |
-21.4 | -14 | -13.4 | -10.8 |
-5.2 |
|
| Memorandum: Nominal GDP (bllns. KBV) | 299 |
5168 | 141916 | 1080307 | 5083061 |
8051000 |
Notes: | (1) Real GDP in December 1991 currency units. |
| (2) December of previous year = 100.0. (1996 Official Average Wage Index through September.) |
| (3) Real average wage at December 1994 was equal to 26% of the December 1991 value. |
| (4) Author's estimates for 1994 and 1995, based on IMF (1995). |
Sources: | Lines [1] and [2]: Luczynski and Novoselsky (1997). |
| Lines [3] through [5]: IMF (1995, 1996). |
| Lines [6] through [8]: Luczynski and Novoselsky (1997). |
| Lines [9] through [14]: IMF (1995, 1996), source documents, and author's estimates. |
|