 Armenia lags behind neighbors in terms of GDP per capita October 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 |  Latest news Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
