Georgia, the small South Caucasus country of 3.9mn, expanded by 5.3% y/y in the first quarter of 2018. The expansion was driven by a rise in activity in manufacturing, transport, real estate and ... more
Ukraine’s economy is recovering and put in 3%-plus growth in the first quarter -- its best result since the economic collapse. But the economy has not built up the momentum it should have in a ... more
Belarus’s economy continues to make good progress on the back of Russia’s revival. GDP growth in Belarus in 2018 may exceed 3.5% this year. Belarus needs to make the maximum use of the ... more
Iran’s real GDP growth is forecast to edge down to 4.0% in both 2018 and 2019 after coming in at 4.3% in 2017, according to the latest edition of the World Economic Outlook issued by the ... more
Georgia, the small South Caucasus country of 3.9mn, expanded by 6.5% y/y in April. This is an acceleration compared to the first quarter of the year; the first four months of the year saw average ... more
Russia’s economic recovery is going better than expected, driven by the higher than expected oil prices, which have averaged over $60 a barrel against the budget assumption of $44 for this year. ... more
Iran’s real GDP growth is forecast to edge down to 4.0% in both 2018 and 2019 after coming in at 4.3% in 2017, according to the latest edition of the World Economic Outlook issued by the ... more
Georgia, the small South Caucasus country of 3.9mn, expanded by 5.6% y/y in March. Preliminary data shows GDP accelerated through the first quarter of this year, rising from 4.4% in January and 5.5% ... more
Belarus’s economy is doing surprisingly well, on the back of Russia’s recovery and moreover the government is being prudent using the windfall income to pay off debt. Belarus' gross domestic ... more
The NBU has also kept its economic growth projections for 2018-2020. According to the central bank, the Ukrainian economy will increase by 3.4% y/y in 2018. According to official data, ... more
The publication of the “Kremlin List” at the end of January was an anticlimax. So sanctions announced on Friday April 6 against seven Russian billionaires were a shock not only for the oligarchs ... more
In 2017, Belarus’s GDP went up 2.4%, the first positive result since 2014. This meant an exit from a two-year recession, further proof of, which includes an upward trend in industrial production, ... more
Ukraine’s economy is doing better and put in 2.5% in 2017, the State Statistics Service reported on March 21, after revising its growth estimate upwards. Economic growth was driven by ... more
Following weaker performance at the end of last year, the Russian economy appeared to get back to the track of slow growth in the first two months of this year. The engine of recovery seems to have ... more
Iran’s economy has experienced an “impressive recovery” since international sanctions were lifted in January 2016 and delivered an annual economic growth of 12.5% in the last Persian year ended ... more
Georgia, the small South Caucasus country of 3.9mn, grew by 5.5% y/y in February and 4.9% y/y in January-February. Overall, the economy achieved 5% growth in 2017. The Georgian economy has bounced ... more
Iran’s economy has experienced an “impressive recovery” since international sanctions were lifted in January 2016 and delivered an annual economic growth of 12.5% in the last Persian year ended ... more
The economy grew 4.6% year-on-year in January, with the real (non-nominal) GDP measure showing 11.6% growth. The National Bank chalks it up to a result of increased state wages and rising labor ... more
Last year the Ukrainian economy expanded by 2.2%, in spite of the trade suspension with the non-controlled area in the East, which dampened growth by ca. 0.9%. Except for inflation, which ... more
Preliminary figures from Rosstat show that Russia’s economy turned the corner in 2017 and GDP grew by 1.5%, slightly less than nearly all forecasters had expected. Recovery was relatively slow ... more