16.18 Economic growth.
The most commonly used measure of economic growth is the rate of growth in a country’s total output of goods and services gauged by the gross domestic product (GDP) adjusted for inflation. The level of a country’s GDP growth reflects on the growth of businesses, jobs, and personal income. Here are World Bank data on the average growth of GDP (percent per year) for the period 2010 to 2013 in developing countries of Europe:7
reggdp
| Country | Growth | Country | Growth |
| Albania | 2.3 | Macedonia, FYR | 2.1 |
| Armenia | 4.4 | Moldova | 5.5 |
| Azerbaijan | 3.2 | Montenegro | 1.7 |
| Belarus | 4.0 | Romania | 1.3 |
| Bosnia and Herzegovina | 0.4 | Serbia | 0.9 |
| Bulgaria | 0.9 | Turkey | 6.0 |
| Georgia | 5.6 | Ukraine | 2.9 |
| Kosovo | 3.4 |
Here are the data for nearby developing countries of the Central Asia:
| Country | Growth | Country | Growth |
| Uzbekistan | 8.2 | Kyrgyz Republic | 4.0 |
| Turkmenistan | 11.3 | Kazakhstan | 6.5 |
| Tajikistan | 7.2 |