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06 Mar 2025 Eurasian Economic Commission expands cooperation with UN Statistical Commission The Eurasian Economic Commission participated in the 56th session of the United Nations (UN) Statistical Commission as an observer. The decision on granting this status was made at a meeting held in New York on March 4, attended by Eldar Alisherov, EEC Minister in charge of Integration and Macroeconomics. In his speech, the EEC Minister in charge of Integration and Macroeconomics emphasized the readiness for further constructive cooperation. "The Commission is interested in expanding cooperation with the UN Statistical Commission and in working within the Inter-Agency and Expert Group on Sustainable Development Goal Indicators to elaborate approaches to the development of SDG indicator methodology and in exchanging experience," Eldar Alisherov noted. Granting the observer status to the EEC will strengthen collaboration in the field of statistics, facilitating the exchange of experience and international best practices. It also provides new possibilities for joint work to achieve the Sustainable Development Goals and improve statistical methods and standards. According to the EEC Minister, the Commission intends to take an active part in the work of the UN Statistical Commission, contribute to the development of the global statistical system and strengthen cooperation with international partners. On the sidelines of the session of the UN Statistical Commission, Eldar Alisherov, Minister in charge of Integration and Macroeconomics of EEC, held negotiations with Georges-Simon Ulrich, Chairman of the UN Statistical Commission and Director-General of the Swiss Federal Statistical Office. The parties discussed the prospects of mutual cooperation in the field of statistics. The UN Statistical Commission, established in 1947, is the highest body of the global statistical system. It brings together the Chief Statisticians of the UN Member States for setting statistical standards, developing concepts and methods, as well as implementing them at the national and international level. The Commission comprises 24 members elected by the United Nations Economic and Social Council based on geographical representation: five representatives from Africa, four from Asia, four from Eastern Europe, four from Latin America and the Caribbean, seven from Western Europe and other States.
Q1 2024 results show increased lending to legal entities in national currency 06 Jun 2024 Q1 2024 results show increased lending to legal entities in national currency As compared to the same period last year, the volume of loans granted to legal entities in the national currency in Q1 2024 increased by 5% in Armenia, 30% in Belarus, 29% in Kazakhstan, 25% in Kyrgyzstan, and 22% in Russia. Significant growth of lending in foreign currency was observed in Kyrgyzstan (2.3 times), while in Armenia it decreased by 12%. At the beginning of June 2024, a decrease in the cost of lending was recorded in Armenia by 8.25% (-0.25 p.p.), in Kazakhstan by 14.50% (-0.25 p.p.) and Kyrgyzstan by 9.00% (-4.00 p.p.). National (central) banks of Belarus and Russia kept the rates at 9.50% and 16.00%, respectively. More detailed statistical information can be found on the Department of Statistics page under Financial Statistics
Turnover of services increased in EAEU countries 24 Apr 2024 Turnover of services increased in EAEU countries In 2023, as compared to 2022, there was an increase in international trade in services in most States of the Eurasian Economic Union. The positive balance of trade in services increased by 33.6% in Armenia, and it decreased by 32.7% in Belarus. In the structure of exports and imports of services, transport services (up to 49% in Kazakhstan) and travel (up to 56% in Kyrgyzstan) accounted for the largest shares in most Member States. More detailed statistics has been provided on the Statistics Department's webpage in the “External Sector Statistics” section.
Turnover of foreign trade in goods and services increased in most EAEU States in 2023 24 Apr 2024 Turnover of foreign trade in goods and services increased in most EAEU States in 2023 In Armenia and Kazakhstan, for example, the trade turnover in goods and services has reached its highest levels compared to the same periods since the beginning of integration (28 and 162 bln US dollars, respectively). In 2023, the current account surplus was registered only in Russia. More detailed statistics has been provided on the Statistics Department's webpage in the “External Sector Statistics” section.
EAEU industrial production increased by 4.7% in January 2024 14 Mar 2024 EAEU industrial production increased by 4.7% in January 2024 The industrial output in the Eurasian Economic Union amounted to 104.7% in January 2024 compared to January 2023. The increase in industrial output was registered in Armenia – by 21%, Kyrgyzstan – by 16.5%, Belarus – by 5.4%, Russia – by 4.6% and Kazakhstan – by 3.4%. The production output in the mining industry and quarrying in the EAEU increased by 0.7%, in the manufacturing industry by 7.5%, in electric power, gas and steam supply and air conditioning by 4.9%, and in water supply, the sewerage system and control over waste collection and distribution by 3.3%. More detailed statistics has been provided on the EEC Statistics Department's webpage in the "Industrial Output" section. 
Number of EAEU unemployed decreased by 11.1% 12 Mar 2024 Number of EAEU unemployed decreased by 11.1% The number of the unemployed registered with the employment services of the Eurasian Economic Union States amounted to 786.1 thousand people by late January 2024 and decreased by 11.1% compared to the same date in 2023. Thus, the unemployment rate is 0.8% of the labor force. In 2023, this indicator was 1%. More detailed information about the EAEU unemployment is provided on the EEC Statistics Department's webpage in the "About Unemployment" section.
EAEU published its tax revenue statistics for 2023 11 Mar 2024 EAEU published its tax revenue statistics for 2023 In 2023, compared to 2022, tax revenues of the consolidated budget increased in Armenia, Kazakhstan and Kyrgyzstan by 15.5%, 27.4% and 28.6%, respectively. In Russia, the increase in the entire budget revenue amounted to 11.3%. The main share of tax revenues of the EAEU States accounted for: income tax and VAT in Armenia, income tax and VAT in Kazakhstan and Russia, and VAT in Kyrgyzstan. More detailed statistics has been provided on the EEC Statistics Department's webpage in the "Tax Revenues" section.
EAEU agricultural production grew by 0.5% in January 2024 11 Mar 2024 EAEU agricultural production grew by 0.5% in January 2024 The Eurasian Economic Union’s agricultural output in all farm categories increased by 0.5% in January 2024 compared to January 2023. An increase was observed in Belarus, Kyrgyzstan and Kazakhstan, a decrease – in Russia. The production of livestock and poultry for slaughter (in live weight) increased by 1% compared to January 2023, milk – by 3.2%, while egg production decreased by 0.9%. An increase in the production of livestock and poultry for slaughter (in live weight) was observed in Belarus, Russia and Kyrgyzstan, a decrease – in Kazakhstan. Milk production increased in all EAEU States (excluding data for Armenia). An increase in egg production was observed in Kyrgyzstan, Belarus and Kazakhstan, a decrease – in Russia. More detailed statistics has been provided on the EEC Statistics Department's webpage in the "Agricultural Output" section.
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