International comparisons

In this subsection, data on main economic indicators for selected countries are presented.

Source: International Monetary Fund, "World Economic Outlook Database, April 2017"

Data were updated on May 10, 2017.

* IMF estimates.


 

 

1995

2000

2005

2008

2009

2010

2011

2012

2013

2014

2015

2016

 Population,mln persons

   Armenia

3.2

3.1

3.0

3.0

3.0

3.0

3.0

3.0

3.0

3.0

3.0*

3.0*

   Azerbaijan

7.7

8.1

8.6

8.9

9.0

9.0

9.1

9.2

9.3

9.3

9.4

9.5*

   Georgia

4.8

4.4

4.2

4.1

4.0

3.9

3.9

3.8

3.8

3.7

3.7

3.7*

   Russia

148.3

146.4

143.6

143.1

143.1

143.2

143.2

143.3

143.4

143.4

143.5

143.4

   Turkey

58.0

64.7

68.9

71.5

72.6

73.7

74.7

75.6

76.7

77.7

78.7

79.8

 GDP per capita, USD 

   Armenia

399.6

620.6

1628.1

3913.4

2911.8

3121.8

3417.2

3575.5

3732.0

3889.0

3520.9*

3510.7*

   Azerbaijan

312.8

647.8

1541.2

5212.8

4933.4

5847.3

7106.0

7471.8

7936.5

8048.8

5396.4

3956.4*

   Georgia

397.8

689.4

1522.4

3158.9

2693.7

2951.2

3710.7

4130.5

4266.6

4428.3

3761.9

3842.4*

   Russia

2271.3

1905.9

5713.4

12468.4

9178.5

11445.1

14187.2

15145.4

15558.8

14388.0

9521.1

8928.7

   Turkey

4025.3

4218.9

7278.2

10691.7

8881.7

10475.6

11141.0

11552.7

12395.4

12022.1

10909.7

10742.7

 Economic Growth (Real GDP growth), %

   Armenia

8.0

5.9

14.1

6.9

-14.2

2.2

4.7

7.1

3.3

3.6

3.0

0.2*

   Azerbaijan

-13.0

6.2

26.4

10.8

9.3

5.0

0.1

2.2

5.8

2.8

1.1

-3.8

   Georgia

2.6

2.5

9.6

2.4

-3.7

6.2

7.2

6.4

3.4

4.6

2.9

2.7

   Russia

-4.1

10.0

6.4

5.2

-7.8

4.5

4.0

3.5

1.3

0.7

-2.8

-0.2

   Turkey

7.2

6.6

9.0

0.8

-4.7

8.5

11.1

4.8

8.5

5.2

6.1

2.9

 Inflation (CPI, average), %

   Armenia

176.7

-0.8

0.7

9.0

3.5

7.3

7.7

2.5

5.8

3.0

3.7

-1.4*

   Azerbaijan

411.8

1.8

9.7

20.8

1.6

5.7

7.9

1.0

2.4

1.4

4.0

12.4*

   Georgia

162.7

4.0

8.2

10.0

1.7

7.1

8.5

-0.9

-0.5

3.1

4.0

2.1

   Russia

197.5

20.8

12.7

14.1

11.7

6.9

8.4

5.1

6.8

7.8

15.5

7.0

   Turkey

89.6

55.0

8.2

10.4

6.3

8.6

6.5

8.9

7.5

8.9

7.7

7.8

 Unemployment rate, %

   Armenia

-

-

31.2

16.4

18.7

19.0

18.4

17.3

16.2

17.6

18.5

18.8*

   Azerbaijan

-

-

7.6

6.1

6.0

6.0

6.0

6.0

6.0

6.0

6.0

6.0*

   Georgia

-

10.3

13.8

16.5

16.9

16.3

15.1

15.0

14.6

12.4

12.0

-

   Russia

9.4

10.6

7.1

6.2

8.2

7.3

6.5

5.5

5.5

5.2

5.6

5.5

   Turkey

7.6

6.0

9.5

10.0

13.1

11.1

9.1

8.4

9.0

9.9

10.3

10.8

 Current account balance, % of GDP

   Armenia

-17.0

-15.8

-2.5

-14.2

-16.5

-13.6

-10.4

-10.0

-7.3

-7.6

-2.7

-2.9*

   Azerbaijan

-13.2

-3.5

1.3

35.3

22.8

28.0

26.5

20.0

16.1

13.3

-0.4

-3.8*

   Georgia

-18.2

-5.8

-11.1

-22.0

-10.5

-10.2

-12.8

-11.7

-5.8

-10.6

-12.0

-12.4*

   Russia

2.1

16.3

10.3

5.8

3.8

4.1

4.8

3.3

1.5

2.8

5.1

1.7

   Turkey

-1.0

-3.6

-4.2

-5.2

-1.8

-5.8

-8.9

-5.5

-6.7

-4.7

-3.7

-3.8

 General government gross debt, % of GDP

   Armenia

-

39.4

20.5

14.6

34.1

33.7

35.7

36.5

38.0

38.4

43.0

51.8*

   Azerbaijan

19.2

22.8

13.5

7.3

12.4

12.5

11.4

13.9

12.8

11.2

28.3

37.7*

   Georgia

-

67.7

39.9

31.2

41.0

42.4

36.5

34.8

34.7

35.6

41.4

44.9

   Russia

-

55.7

14.8

7.4

9.9

10.6

10.9

11.8

13.1

15.6

15.9

17.0*

   Turkey

-

50.1

50.8

38.2

43.9

40.1

36.4

32.6

31.3

28.7

27.6

29.1*

 State Budget Expenditures , in % to GDP

   Armenia

-

-

19.9

22.2

28.6

26.2

25.0

22.4

23.8

24.0

26.4

27.0

   Azerbaijan

22.5

20.8

22.7

30.1

33.7

31.8

33.8

37.2

38.5

35.7

38.7

27.0

   Georgia

16.1

17.4

22.2

32.7

35.8

33.1

29.1

29.6

28.9

29.9

29.4

30.2

   Russia

-

30.6

29.4

31.9

38.5

35.4

33.5

34.6

35.6

34.9

35.2

36.0

   Turkey

-

35.7

32.0

33.0

36.8

34.3

32.8

33.1

33.3

32.2

32.1

33.5

 State Budget Revenues, in % to GDP

   Armenia

17.8

16.5

17.9

20.5

20.9

21.2

22.1

20.9

22.2

22.0

21.5

21.4

   Azerbaijan

17.6

23.1

25.1

51.7

42.0

46.0

45.5

41.5

39.5

38.9

33.9

34.5

   Georgia

11.1

15.4

24.4

30.7

29.3

28.3

28.2

28.8

27.5

28.0

28.1

28.6

   Russia

-

33.7

37.0

36.5

32.6

32.2

34.9

35.0

34.4

33.8

31.8

32.3

   Turkey

- 27.9 31.2 30.4 31.0 31.5 32.2 31.6 32.2 30.5 30.9 31.2