World Bank raises forecast for Azerbaijan's economic growth
A more positive outlook for Azerbaijan's economy has been published by the World Bank, which projects GDP growth of 2% in 2026.
A more positive outlook for Azerbaijan's economy has been published by the World Bank, which projects GDP growth of 2% in 2026.
If Armenia were to leave the Eurasian Economic Union (EAEU), its GDP would fall sharply by 15.1%, while inflation would increase by 14.3%, affecting many crucial areas of the economy, Russian Security Council Deputy Secretary Alexey Shevtsov said.
By the year 2030, Azerbaijan's GDP is projected to reach around 167 billion manat, with an anticipated rise in the contribution of the non-oil and gas sector.
The Russian economy grew 1% in 2025 according to preliminary data, Russia's Deputy Prime Minister Alexander Novak said at a meeting of the Federation Council's Economic Policy Committee.
Georgia's gross domestic product grew 7.5% year-on-year in 2025, the country's National Statistics Service said, citing preliminary data.
The Russian economy will transition to sustainable, balanced growth rates next year, with GDP growth expected to be around 1% by the end of this year, Russia's Finance Minister …
The total value of goods and services produced in Uzbekistan has reached $145 billion this year, a historic milestone noted by President Shavkat Mirziyoyev.
Prime Minister Mikhail Mishustin has announced that the Russian government is projecting nearly 10% economic growth over the next three-year period.
The Armenian legislature has ratified next year's national budget featuring a $1.4 billion deficit spending and projected 5.4% economic expansion.
Türkiye's GDP increased by 3.7% in the third quarter of 2025, with total GDP reaching over $430 billion.
According to the Eurasian Development Bank (EDB), Armenia's GDP increased by 6% this year, driven primarily by growth in the financial, IT, and construction sectors.
The Ministry of Economic Development is refining its forecasts for the growth of the Russian economy
The gross domestic product (GDP) of Kazakhstan surged by 6.3% during the first seven months of this year, the press service of the Kazakh Ministry of National Economy said.
Analysts from the World Bank have shared their economic growth forecasts for Azerbaijan for the next two years.
Georgia's GDP showed impressive growth in February, with energy, transport and communications playing a significant contribution to economic growth.
Georgian Prime Minister Irakli Kobakhidze said it was “absolutely realistic” for this year’s domestic economic growth rate to exceed 10%. The PM highlighted the 9% growth recorded in the past year, which he said was a …
Georgia's economic growth last year was approximately 9%. The country's authorities expect the GDP growth figures to surpass this figure this year.
Uzbekistan's gross domestic product grew by 6.5% last year. This was achieved largely due to foreign investors.
The World Bank now forecasts that Uzbekistan's GDP will grow 6% in 2024, 5.8% in 2025 and 5.9% in 2026, according to the bank's latest Global Economic Prospects review. The bank's previous forecast in June predicted more …
According to Mikhail Mishustin, Russia's foreign trade is developing dynamically. He emphasized that the country's GDP has increased by 4.2% since the beginning of the year.