Armenia to surpass Azerbaijan and Georgia by GDP per capita. IMF

Armenia to surpass Azerbaijan and Georgia by GDP per capita. IMF

Armenian GDP per capita has surpassed that of Georgia and is projected to surpass Azerbaijan for the first time since 2005, according to IMF data. More importantly, the growth is projected to continue for the next 4-5 years according to IMF. In 2019 GDP per capita in Armenia was equal to $ 4527.592 (current prices, USD), while that of Georgia was worth $4289.322 and Azerbaijan — $4689.378. The projection for 2020 says Armenian GDP per…

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Record number of passengers in Yerevan airport; new, affordable flight routs to Armenia

Record number of passengers in Yerevan airport; new, affordable flight routs to Armenia

Zvartnots International Airport’s yearly passenger flow exceeded 3,000,000 for the first time in its history. Meanwhile, on January 3rd Ryanair budget airline announced new twice weekly routes from Gyumri to Athens and from Yerevan to Thessaloniki.

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Average salary in Armenia is higher than Azerbaijan, lower than Georgia

Average salary in Armenia is higher than Azerbaijan, lower than Georgia

I came across this infographic on Настоящее Время, which shows average salaries in post-Soviet states in 2016-17. The data is taken from open sources, like the World Bank, etc. Interesting to see that the salaries in oil-rich Azerbaijan are lower than in Armenia, meanwhile Georgia is ahead of everyone. Below is a table extracted from the infographic, which I’ve typed up and translated into English for easy reference. Country Salary Estonia  $1,313.00 Latvia  $1,009.00 Lithuania…

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Number of tourists set to grow in Armenia, tourism industry contributes 4% of GDP

We’re starting to see more tourists than usual in Armenia lately. Armenian authorities say they expect a 20% growth in the number of tourists visiting the country. And there seems to be much more stuff to do for them as well — fests, celebrations, ropeways and ziplines, concerts everywhere.

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