Armenia lags behind neighbors in terms of GDP per capitaOctober 17, 2017 - 13:54 AMT PanARMENIAN.Net - Georgia tops the South Caucasus countries with the highest GDP (nominal) per capita at $4120 in 2017, the October update of the International Monetary Fund's World Economic Outlook revealed. Closely following Georgia is Azerbaijan with a $4100 GDP, Armenia lagging behind with just $3670. Azerbaijan, however, leads when the GDP is calculated on a purchasing power parity basis, set to report $17.430 per capita in 2017. Georgia is next with $10.640, while Armenia comes in the third again with $9100. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty. Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |