Similar, but somewhat less extreme developments were observed in Lithuania and Estonia, with both inflation and current account deficits staying in the double digits during the boom years. BIS Review 122/2010  1  The booming economies rewarded their citizens with generous income flows.
2  BIS central bankers’ speeches  Turning to GDP per capita, we see a different picture. While the CESEE-10 cover a comparatively small area, in 2010 their GDP per capita in purchasing power standards was on average almost three times higher than that of China. As you can see, the income level in Russia was close to the GDP-weighted average in the CESEE-10.