Caucasus
Caucasus
Georgia's economy grew by 6.9% year-over-year in the second quarter, according to a report released by the National Statistics Office (Geostat) on September 18. Nominal gross domestic product reached 28,147…
Caucasus
Armenia's economy grew by 7.3% from January through August 2026 compared with the same period a year earlier. This was reported by the Statistical Committee of Armenia. The construction industry…
Caucasus
From January through August, Azerbaijan invested 12.6 billion manat in property, plant, and equipment. That amounts to approximately 6.5 billion euros, a 10% increase compared to the same period last year.…
Caucasus
Georgia's exports rose by 63.5% to $3.29 billion from January through August 2026, according to a report released by the National Statistics Office (Geostat) on September 21. Its…
Caucasus
6.75%: That is the level at which Armenia's key interest rate has stood since September 15. The Central Bank Council raised it by 0.25 percentage points. It is the first…
Caucasus
Georgia's trade deficit from January through August totaled 7,070.5 million U.S. dollars. A year earlier, the monthly figures totaled 7,650.7 million U.S. dollars. The gap…
Caucasus
The Azerbaijan Statistical Committee reports a 0.4% decline in industrial production for January through August compared to the previous year. Through July, industrial production was still up 0.3%…
Caucasus
Armenia's construction industry saw its output increase by 25% from January through July compared with the same period last year. The country's exports fell by 7.9% during the same period.…
Caucasus
Georgia's exports rose by 21.6% to $4.67 billion from January through July 2026. Imports grew by only 2.4% during the same period, to…
Caucasus
At the end of March, the Azerbaijani sovereign wealth fund SOFAZ managed $73.5 billion. This amounts to 93.2% of the economic output that the rating agency Fitch forecasts for 2026. Gold is…
Caucasus
From January through July, Armenia exported goods worth 4,035.7 million U.S. dollars, down 7.9% from a year earlier. This was reported by the Armenian Statistical Committee on…
Caucasus
From January through July 2026, Georgia imported $678.0 million worth of goods from Germany. That is 7% less than during the same period last year. Germany's share…
Caucasus
Azerbaijan's Ministry of Finance has lowered its 2026 growth forecast for non-oil-and-gas GDP from 5.0% to 3.1%. At the same time, it has raised its inflation forecast from 4.8% to 5.7%. Both…
Caucasus
With an initial investment of 500 million U.S. dollars, Armenia is building a high-performance AI data center.
Caucasus
In the first half of the year, Azerbaijan exported oil and gas worth 10.8 billion U.S. dollars.