Application of time series tools for analyzing the dynamics of macroeconomic GDP indicator

The study of the dynamics of the gross domestic product (GDP) indicator per capita of the economies of the republics of the former Soviet Union in the period of 1990-2017 was carried out using the time series apparatus in order to identify structural changes in the historical retrospect. The identification of such causal relationships is necessary to adjust the development strategies of these economic areas both individually and their political and economic associations (Commonwealth of Independent States, Commonwealth of Independent States).