Armenia leads South Caucasus in GDP per capita - IMF
Armenia appears to be the leading country in the South Caucasus region in terms of GDP per capita, according to the International Monetary Fund #40;IMF#41;.br /
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YEREVAN, December 22. /ARKA/. Armenia appears to be the leading country in the South Caucasus region in terms of GDP per capita, according to the International Monetary Fund (IMF).
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Thus, according to a href=https://www.imf.org/external/datamapper/NGDPDPC@WEO/OEMDC/ADVEC/WEOWORLDIMF data/a, GDP per capita in Armenia in 2023 is $8,280, in Georgia – $8,160 and in Azerbaijan – $7,530.
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In Iran the GDP per capita is $4,230, in Russia - $13,010 and in Turkey - $13,380.
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Armenian government’s growth projection for 2023 is 7%; the inflation is expected to be 4% (±1.5%). According to the Central Bank's forecast, Armenia's economy will grow by 8.3% and the 12-month inflation will be around 0%.-0-
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