In this subsection, data on main economic indicators for selected countries are presented.
Source: International Monetary Fund, “World Economic Outlook Database, April 2019”
Data were updated on October 10, 2019.
*IMF estimates.
| 1995 | 2000 | 2005 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |
| 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* | 3.0* | 3.0* |
| Azerbaijan | 7.644 | 8.0 | 8.4 | 8.8 | 8.9 | 9.0 | 9.1 | 9.2 | 9.4 | 9.5 | 9.6 | 9.7 | 9.8 | 9.9* |
| Georgia | 4.742 | 4.1 | 3.9 | 3.8 | 3.8 | 3.8 | 3.8 | 3.7 | 3.7 | 3.7 | 3.7 | 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 | 80.8 | 82.0 |
| Russia | 148.3 | 146.4 | 143.6 | 143.1 | 143.1 | 143.2 | 143.3 | 143.4 | 143.6 | 143.8 | 143.9 | 144.0 | 144.0 | 144.0* |
| 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 | 9.5 | 9.4* |
| 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 | 42.2 | 42.0* |
| 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 | 3.5 | 3.5* |
| GDP per capita, USD | ||||||||||||||
| Armenia | 400 | 621 | 1,628 | 3,913 | 2,912 | 3,122 | 3,417 | 3,576 | 3,732 | 3,889 | 3,529 | 3,526* | 3,857* | 4,149* |
| Azerbaijan | 316 | 656 | 1,571 | 5,579 | 4,964 | 5,881 | 7,243 | 7,546 | 7,926 | 7,939 | 5,300 | 3,898 | 4,200 | 4569.2* |
| Georgia | 402 | 743 | 1,637 | 3,325 | 2,812 | 3,063 | 3,825 | 4,238 | 4,341 | 4,442 | 3,760 | 3,856* | 4,047* | 4,400* |
| Turkey | 3,877 | 4,219 | 7,278 | 10,692 | 8,882 | 10,476 | 11,141 | 11,553 | 12,395 | 12,022 | 10,915 | 10,817 | 10,537 | 9,346 |
| Russia | 2,264 | 1,899 | 5,694 | 12,429 | 9,149 | 11,406 | 14,272 | 15,358 | 15,942 | 14,306 | 9,478 | 8,910 | 10,962 | 11,327* |
| Belarus | 1,000 | 1,277 | 3,116 | 6,366 | 5,345 | 6,023 | 6,473 | 6,938 | 7,977 | 8,316 | 5,941 | 5,022 | 5,757 | 6,306* |
| Ukraine | 752 | 664 | 1,840 | 3,945 | 2,557 | 2,983 | 3,590 | 3,873 | 3,969 | 3,054 | 2,125 | 2,200 | 2,656 | 2,964* |
| Moldova | 470 | 434 | 999 | 2,037 | 1,831 | 1,960 | 2,365 | 2,446 | 2,669 | 2,675 | 2,174 | 2,273 | 2,727 | 3,218* |
| 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 | 3.3 | 0.3 | 7.5 | 5.0* |
| Azerbaijan | -13.0 | 6.2 | 28.0 | 10.6 | 9.4 | 4.8 | -1.6 | 2.2 | 5.8 | 2.8 | 1.1 | -3.1 | 0.1 | 1.4* |
| Georgia | 2.6 | 1.8 | 9.6 | 2.4 | -3.7 | 6.2 | 7.2 | 6.4 | 3.4 | 4.6 | 2.9 | 2.8 | 4.8* | 4.7* |
| 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 | 7.4 | 2.6 |
| Russia | -4.1 | 10.0 | 6.4 | 5.2 | -7.8 | 4.5 | 5.1 | 3.7 | 1.8 | 0.7 | -2.5 | 0.3 | 1.6 | 2.3* |
| Belarus | -11.1 | 5.8 | 9.4 | 10.2 | 0.2 | 7.8 | 5.6 | 1.7 | 1.0 | 1.7 | -3.8 | -2.5 | 2.5 | 3.0* |
| Ukraine | -12.1 | 5.9 | 3.1 | 2.2 | -15.1 | 4.1 | 5.5 | 0.2 | 0.0 | -6.6 | -9.8 | 2.4 | 2.5 | 3.3* |
| Moldova | -1.4 | 2.1 | 7.5 | 7.8 | -6.0 | 7.1 | 5.8 | -0.6 | 9.0 | 5.0 | -0.3 | 4.4 | 4.7 | 4.0* |
| 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 | 0.9 | 2.5 |
| Azerbaijan | 411.8 | 1.8 | 9.6 | 20.8 | 1.4 | 5.7 | 7.8 | 1.0 | 2.4 | 1.4 | 4.0 | 12.4 | 12.8 | 2.3* |
| Georgia | n/a | 4.0 | 8.2 | 10.0 | 1.7 | 7.1 | 8.5 | -0.9 | -0.5 | 3.1 | 4.0 | 2.1 | 6.0 | 2.6* |
| 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 | 11.1 | 16.3 |
| Russia | 197.5 | 20.8 | 12.7 | 14.1 | 11.7 | 6.9 | 8.4 | 5.1 | 6.8 | 7.8 | 15.5 | 7.1 | 3.7 | 2.9 |
| 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 | 6.0 | 4.9* |
| 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 | 14.4 | 10.9* |
| 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 | 6.6 | 3.1* |
| Unemployment rate, % | ||||||||||||||
| Armenia | - | - | 31.2 | 16.4 | 18.7 | 19.0 | 18.4 | 17.3 | 16.2 | 17.6 | 18.5 | 20.2* | 18.6* | 18.1* |
| Azerbaijan | - | 11.8 | 7.3 | 5.9 | 5.7 | 5.6 | 5.4 | 5.2 | 5.0 | 4.9 | 5.0 | 5.0 | 5.0 | 5.0* |
| Georgia | - | 10.3 | 15.1 | 17.9 | 18.3 | 17.4 | 17.3 | 17.2 | 16.9 | 14.6 | 14.1 | 14.0* | 13.9* | - |
| 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 | 10.9 | 11.0 |
| Russia | 9.4 | 10.6 | 7.2 | 6.2 | 8.2 | 7.4 | 6.5 | 5.5 | 5.5 | 5.2 | 5.6 | 5.5 | 5.2 | 4.8 |
| 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 | 0.8 | 0.8* |
| Ukraine | 14.8 | 11.5 | 7.2 | 6.4 | 8.8 | 8.1 | 7.9 | 7.5 | 7.2 | 9.3 | 9.1 | 9.5 | 9.7 | 9.0* |
| Moldova | 14.4 | 8.5 | 7.3 | 4.0 | 6.4 | 7.4 | 6.7 | 5.6 | 5.1 | 3.9 | 5.0 | 4.2 | 4.1 | 4.1* |
| 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 | -2.8 | -6.2* |
| Azerbaijan | -13.2 | -3.5 | 1.3 | 33.6 | 23.0 | 28.4 | 26.0 | 21.4 | 16.6 | 13.9 | -0.4 | -3.6 | 4.1 | 12.6* |
| Georgia | -18.2 | -5.8 | -11.1 | -22.0 | -10.6 | -10.3 | -12.8 | -11.9 | -5.9 | -10.8 | -12.6 | -13.1 | -8.8* | -7.9* |
| 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 | -5.6 | -3.6* |
| Russia | 2.1 | 16.3 | 10.3 | 5.8 | 3.8 | 4.1 | 4.8 | 3.2 | 1.5 | 2.8 | 5.0 | 1.9 | 2.1 | 7.0* |
| Belarus | -4.5 | -3.6 | 1.5 | -8.2 | -12.1 | -14.5 | -8.2 | -2.8 | -10.0 | -6.6 | -3.3 | -3.4 | -1.6 | -2.3* |
| Ukraine | -3.0 | 4.6 | 2.9 | -7.0 | -1.5 | -2.2 | -6.3 | -8.1 | -9.2 | -3.9 | 1.7 | -1.5 | -2.2 | -3.7* |
| Moldova | -4.9 | -6.2 | -6.3 | -13.4 | -6.8 | -6.3 | -9.8 | -6.4 | -4.1 | -4.4 | -4.8 | -3.3 | -6.2 | -9.9* |
| General government gross debt, % of GDP | ||||||||||||||
| Armenia | - | 39.4 | 20.5 | 13.1 | 28.1 | 27.8 | 29.4 | 30.0 | 31.7 | 35.0 | 39.5 | 47.0 | 48.3 | 48.5* |
| Azerbaijan | 19.2 | 22.8 | 6.9 | 3.2 | 4.7 | 5.0 | 5.0 | 5.8 | 6.2 | 8.5 | 18.0 | 20.6 | 22.6 | 19.4* |
| Georgia | - | 67.7 | 39.9 | 31.2 | 41.0 | 42.4 | 36.5 | 34.8 | 34.7 | 35.6 | 41.4 | 44.4 | 45.1 | 44.5* |
| Turkey | - | 51.6 | 50.8 | 38.2 | 43.9 | 40.1 | 36.5 | 32.7 | 31.4 | 28.8 | 27.6 | 28.3 | 28.3 | 29.1* |
| Russia | - | 55.9 | 14.9 | 7.5 | 9.9 | 10.9 | 11.2 | 11.9 | 13.1 | 16.1 | 16.4 | 16.1 | 15.5 | 14.0* |
| Belarus | - | n/a | 8.4 | 21.0 | 32.5 | 36.8 | 58.2 | 36.9 | 36.9 | 38.8 | 53.0 | 53.5 | 53.2 | 47.8* |
| Ukraine | - | 43.8 | 17.7 | 20.4 | 35.4 | 40.6 | 36.9 | 37.5 | 40.5 | 70.3 | 79.5 | 81.2 | 71.9 | 63.9* |
| Moldova | 55.1 | 61.5 | 27.6 | 15.7 | 24.0 | 22.3 | 20.0 | 20.5 | 20.0 | 25.6 | 33.1 | 31.9 | 29.3 | 27.1* |