Monitoring development of the Member States of the Customs Union and Single Economic Space economies

According to the Agreement on the Agreed Macroeconomic Policy dated December 9, 2010, the Department shall monitor the following macroeconomic performance in order to determine the sustainability of economic development of the Member States of the CU and SES:

- annual budget deficit (as a percentage of the gross domestic product);
- government debt (as a percentage of the gross domestic product);
- inflation rate (consumer price index on the annual average basis as a percentage compared to the previous year).

The economic stability of the Member States of the SES shall be monitored based on the following parameters:

- growth rate of the gross domestic product (as a percentage compared to the previous year);
- gross domestic product per capita at purchasing power parity (in thousands of US dollars);
- current account balance (in millions of US dollars and as a percentage of the gross domestic product);
- index of the real effective exchange rate (as a percentage compared to the previous year).

The following parameters are used for monitoring of macroeconomic performances that determine the degree of integration: 

- volume of national investments into the economy of each Member State of the CU and SES, including direct investments (in millions of US dollars);
- volume of investments into the national economy of each Member State of the CU and SES, including direct investments (in millions of US dollars);
- share of each Member State of the CU and SES in the total export volume of the Member States of the CU and SES (as a percentage);
- share of each Member State of the CU and SES in the total import volume of the Member States of the CU and SES (as a percentage);
- share of each Member State of the CU and SES in the total foreign trade volume of the Member States of the CU and SES (as a percentage).