Eurasian Economic Union Performance for January–February 2024

The Department of Statistics of the Eurasian Economic Commission has published a monthly analytical review of the main socio-economic indicators of the Eurasian Economic Union (EAEU) for January-February 2024.

During the first two months of 2024, there was an increase in industrial production of the EAEU by 3.8%, the volume of construction work performed by 4.8%, and retail trade turnover by 10.5%.

Freight turnover during this period increased in Kyrgyzstan (by 8.8%) and Kazakhstan (by 1.6%), passenger turnover in Kyrgyzstan (by 11.2%), Russia (by 10.6%), Belarus (by 8.6%) and Kazakhstan (by 7.6%).

The level of registered unemployment in the EAEU was 0.9% of the labour force.

These figures represent a healthy economic climate within the EAEU trade bloc, and are currently better than that of the European Union.