Council for Mutual Economic Assistance

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Council for Mutual Economic Assistance

Совет Экономической Взаимопомощи
Founded8 January 1949
Dissolved28 June 1991
Preceded byComintern


Comecon, officially the Council for Mutual Economic Assistance, was a communist economic organization based in the Soviet Union. It existed from 1949 to 1991 and included the USSR, Warsaw Pact, Mongolia, Vietnam, and Cuba.[1] It also contained Yugoslavia as an associate member and other socialist and capitalist states as observers.[2]






Membership

Full Membership

Name Accession Date Continent Capital Area (km2) Population (1989) Density (per km2) Currency
People's Socialist Republic of Albania

(Republika Popullore Socialiste e Shqipërisë)

Feb. 1949 Europe Tirana 28,748 3,512,317 122.2 Lek
People's Republic of Bulgaria

(Народна република България)

Jan. 1949 Europe Sofia 110,994 9,009,018 81.2 Lev
Republic of Cuba

(República de Cuba)

Jul. 1972 North America Havana 109,884 10,486,110 95.4 Peso
Czechoslovak Socialist Republic

(Československá socialistická republika)

Jan. 1949 Europe Prague 127,900 15,658,079 122.4 Koruna
German Democratic Republic

(Deutsche Demokratische Republik

1950 Europe Berlin 108,333 16,586,490 153.1 Mark
Hungarian People's Republic

(Magyar Népköztársaság)

Jan. 1949 Europe Budapest 93,030 10,375,323 111.5 Forint
Mongolian People's Republic

(Бүгд Найрамдах Монгол Ард Улс)

1962 Asia Ulaanbaatar 1,564,116 2,125,463 1.4 Tögrög
Polish People's Republic

(Polska Rzeczpospolita Ludowa)

Jan. 1949 Europe Warsaw 312,685 38,094,812 121.8 Złoty
Union of Soviet Socialist Republics

(Союз Советских Социалистических Республик)

Jan. 1949 Eurasia Moscow 22,402,200 286,730,819 12.8 Ruble
Socialist Republic of Vietnam

(Cộng hòa xã hội chủ nghĩa Việt Nam)

1978 Asia Hanoi 332,698 66,757,401 200.7 Đồng

Associate Status

Name Accession Date Continent Capital Area (km2) Population (1991) Density (per km2) Currency
Socialist Federal Republic of Yugoslavia

(Socijalistička Federativna Republika Jugoslavija / Социјалистичка Федеративна Република Југославија)

1964 Europe Belgrade 255,804 23,528,230 91.9 Dinar

Observer Status

Name Accession Date Continent Capital Area (km2) Population Density (per km2) Currency
People's Republic of China

(中华人民共和国)

1950

(stopped participating in 1961)

Asia Beijing 9,596,961 694,581,759 (1964) 72.3 Renminbi
Democratic People's Republic of Korea

(조선민주주의인민공화국)

1956 Asia Pyongyang 120,540 21,213,478 (1993) 175.9 Won
Republic of Finland

(Suomen tasavalta / Republiken Finland)

1973 Europe Helsinki 338,455 4,998,480 14.7 Markka
  1. Michael C. Kaser (1967). Comecon: Integration problems of the planned economies. Oxford University Press.
  2. Germany (East): 'The Council for Mutual Economic Assistance' (2009). Library of Congress Country Study.