 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 Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
