Annual change in net material product in the USSR and Eastern Bloc 1970-1990

Annual change in net material product (NMP) in the Soviet Union and Eastern Bloc from 1970 to 1990

CharacteristicSoviet UnionEastern Europe*Eastern Europe and Soviet Union
1970 9% 5.7% 8%
1971 5.6% 7.3% 6.1%
1972 3.9% 8% 5.1%
1973 8.9% 8.3% 8.7%
1974 5.5% 8.6% 6.5%
1975 4.4% 7.6% 5.4%
1976 5.9% 6.1% 5.9%
1977 4.5% 5.8% 4.9%
1978 5.1% 4.2% 4.9%
1979 2.2% 2% 2.1%
1980 3.9% 0.3% 2.7%
1981 3.3% -2.3% 1.7%
1982 3.9% 0.3% 2.8%
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Created with Highcharts 7.2.2Annual percentage changeSoviet UnionEastern Europe*Eastern Europe and Soviet Union197019711972197319741975197619771978197919801981198219831984198519861987198819891990
-15%-10%-5%0%5%10%15%
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Release date

1993

Region

Bulgaria, Czechia, Hungary, Poland, Romania, Slovakia, German Democratic Republic, CEE

Survey time period

1970 to 1990

Supplementary notes

*Eastern Europe here refers to Bulgaria, Czechoslovakia, East Germany, Hungary, Poland, and Romania.

**Net Material Product (NMP) was the main key economic indictor used in planned economies throughout the twentieth century (Soviet/COMECON states). NMP is calculated in a similar way to GDP, however NMP focuses on tangible output and excludes many of the factors included in GDP, such as the output of service sectors, and spending on healthcare, state administration, and defense.

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Eastern bloc economies in the Cold War

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Statistics on " Eastern bloc economies in the Cold War "

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Overview

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Comparison with the West

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