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…

Read More

Average Monthly Wage in Armenia Lowest among Caucasus States

Average monthly wage in Armenia is more than 3 times less than the global average, which is estimated to be equal to $1,480 a month according to the study published last year by the United Nations’ International Labour Organization (ILO). Furthermore, the average wage in Armenia is the lowest among the three Caucasian states.

Read More

Georgian FM: I don't see why we should speak Russian in friendly Yerevan

Georgia’s Foreign Minister Grigol Vashadze met with President Serzh Sarkisian and his Armenian counterpart Eduard Nalbandian during a two-day official visit to Yerevan than began on Friday. RFE/RL reports that Vashadze and Nalbandian discussed “a number of issues preoccupying Georgia’s Armenian community.” That included the tense situation in Georgia’s Armenian-populated Javakheti region. “There is no problem of Javakheti, there is a socioeconomic problem in Javakheti, as well as other regions of Georgia,” Vashadze said at an…

Read More

Armenian army ranks 68 in Global Military Rating

Armenia ranks 68th in rating of armies of the world according to the Press.ge news portal. According to the same source Georgia ranks 94th, Azerbaijan 83-rd. The Georgian news source has extracted the data using the Strategypage. I tried quite hard to find this information at the source, but was unable to. However, the information is interesting, although – not very reliable. If this is too, it would be just incredible, that Armenia is so…

Read More
1 2 3