International comparisons

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

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

Data were updated on October 16, 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*

   Turkey

60.2

64.7

68.9

71.5

72.6

73.7

74.7

75.6

76.7

77.7

78.7

79.8

   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

   Belarus

10.2

10.0

9.7

9.5

9.5

9.5

9.5

9.5

9.5

9.5

9.5

9.5

   Ukraine

50.9

48.7

46.7

46.0

45.8

45.6

45.5

45.4

45.2

42.8

42.6

42.4

   Moldova

3.7

3.6

3.6

3.6

3.6

3.6

3.6

3.6

3.6

3.6

3.6

3.6

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

3529.0*

3532.6*

   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

3871.8*

   Turkey

3877.1

4218.9

7277.9

10691.7

8881.7

10475.6

11140.9

11552.6

12395.4

12022.2

10914.9

10817.4

   Russia

2271.3

1905.9

5713.4

12468.4

9178.5

11445.1

14326.1

15425.3

16022.7

14388.0

9521.1

8945.6

   Belarus

1000.2

1277.1

3115.5

6366.2

5170.4

6023.1

6472.7

6938.1

7977.1

8316.0

5941.2

4989.3

   Ukraine

752.3

664.4

1909.8

4095.4

2655.0

2982.8

3589.6

3872.5

3968.8

3095.1

2135.2

2198.8

   Moldova

391.7

361.6

832.4

1697.2

1525.9

1632.8

1971.5

2046.2

2244.5

2245.5

1828.4

1907.4

 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

3.2

0.2

   Azerbaijan

-13.0

6.2

26.4

10.8

9.3

5.0

-1.6

2.2

5.8

2.7

0.6

-3.1

   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

   Turkey

7.2

6.6

9.0

0.8

-4.7

8.5

11.1

4.8

8.5

5.2

6.1

3.2

   Russia

-4.1

10.0

6.4

5.2

-7.8

4.5

5.1

3.7

1.8

0.7

-2.8

-0.2

   Belarus

-11.1

5.8

9.4

10.2

0.2

7.7

5.5

1.7

1.0

1.8

-3.8

-2.6

   Ukraine

-12.1

5.9

3.1

2.2

-15.1

0.3

5.5

0.2

0.0

-6.6

-9.8

2.3

   Moldova

-1.4

2.1

7.5

7.8

-6.0

7.1

6.8

-0.7

9.4

4.8

-0.4

4.3

 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

   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

   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

   Belarus

709.3

168.6

10.3

14.8

13.0

7.7

53.2

59.2

18.3

18.1

13.5

11.8

   Ukraine

376.7

28.2

13.5

25.2

15.9

9.4

8.0

0.6

-0.3

12.1

48.7

13.9

   Moldova

30.2

31.2

11.9

12.7

0.0

7.4

7.7

4.6

4.6

5.1

9.6

6.4

 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

11.8*

   Turkey

7.1

6.0

9.5

10.0

13.1

11.1

9.1

8.4

9.0

9.9

10.3

10.9

   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

   Belarus

2.9

2.1

1.7

0.9

0.9

0.8

0.7

0.6

0.5

0.5

0.9

1.0

   Ukraine

14.8

11.5

7.2

6.4

8.8

8.1

7.9

7.5

7.2

9.3

9.1

9.3

   Moldova

14.4

8.5

7.3

4.0

6.4

7.4

6.7

5.6

5.1

3.9

4.9

4.2

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

-2.6

-2.3

   Azerbaijan

-13.2

-3.5

1.3

35.5

23.0

28.0

26.5

21.9

16.1

13.3

-0.4

-3.6

   Georgia

-18.2

-5.8

-11.1

-22.0

-10.5

-10.2

-12.8

-11.7

-5.8

-10.7

-12.0

-13.3*

   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

   Russia

2.1

16.3

10.3

5.8

3.8

4.1

4.8

3.2

1.5

2.8

5.1

2.0

   Belarus

-4.5

-3.6

1.5

-8.2

-12.5

-14.5

-8.2

-2.8

-10.0

-6.6

-3.3

-3.6

   Ukraine

-3.0

4.6

2.8

-6.8

-1.4

-2.2

-6.3

-8.1

-9.2

-3.9

-0.3

-4.1

   Moldova

-5.9

-7.5

-7.6

-16.1

-8.2

-7.5

-11.7

-7.5

-5.2

-5.3

-5.0

-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

41.4

46.8

53.5

   Azerbaijan

19.2

22.8

13.5

7.3

12.4

12.5

11.4

13.9

12.8

14.4

35.0

51.1*

   Georgia

-

67.7

39.9

31.2

41.0

42.4

36.5

34.8

34.7

35.6

41.4

44.6

   Turkey

-

51.6

50.8

38.3

43.9

40.1

36.5

32.7

31.3

28.7

27.5

28.1*

   Russia

-

55.7

14.8

7.4

9.9

10.6

10.8

11.5

12.7

15.6

15.9

15.6

   Belarus

-

-

8.4

21.0

33.4

36.5

53.9

37.0

36.9

39.5

53.3

53.9

   Ukraine

-

43.8

17.1

19.7

34.1

40.6

36.9

37.5

40.5

70.3

79.3

81.2

   Moldova

79.5

88.7

39.2

22.0

32.4

30.5

29.0

30.9

29.6

36.0

44.8

43.2