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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Tigran Sargsyan: new type of politician trying to make the new type of Armenia a reality

Following his appointment to the post of Prime Minister after a disputed presidential election, in a divided society torn apart by political instability and mutual accusations for March 1 violence, Tigran Sargsyan, the former head of Armenia’s Central Bank has been dominating the news and politics – the PM has been making media bubbles by loud and populist actions, like forcing Armenian ministers to come to work at 9 a.m and promising to be more…

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