Reports

Ukraine Country Report Jul18 - July , 2018

July 3, 2018

Ukraine’s economy pick up a little in first quarter of this year, growing by 3.1% y/y, but while the situation is improved, partly thanks to strong metal exports, the economic growth is not ... more

Belarus Country Report Jul18 - July , 2018

July 3, 2018

The Belarusian economy was recovering nicely in the first quarter of this year, thanks to the revival in neighbouring Russia and more benign external conditions in general. Impressively Belarus' ... more

Russia Country Report Jul18 - July , 2018

July 3, 2018

Russia’s recovery remains delicate. The GDP growth forecast for this year was recently revised down to 1.9%, while the outlook for industry has dipped back into the red after the manufacturing PMI ... more

Georgia Country Report Jul18 - July , 2018

July 2, 2018

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

Iran Country Report May18 - May, 2018

May 4, 2018

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 Country Report May18 - May, 2018

May 2, 2018

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 Country Report May18 - May, 2018

May 2, 2018

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

Ukraine Country Report May18 - May, 2018

May 2, 2018

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

Russia Country Report May18 - May, 2018

May 2, 2018

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

Belarus Country Report Apr18 - April, 2018

April 2, 2018

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 Country Report Apr18 - April, 2018

April 2, 2018

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

Russia Country Report Apr18 - April, 2018

April 2, 2018

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 Country Report Apr18 - April, 2018

April 2, 2018

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 Country Report Apr18 - April, 2018

April 2, 2018

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 Country Report Mar18 - March, 2018

March 7, 2018

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

Belarus Country Report Mar18 - March, 2017

March 6, 2018

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

Ukraine Country Report Mar18 - March, 2018

March 5, 2018

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

Russia Country Report Mar18 - March, 2018

March 5, 2018

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

Georgia Country Report Mar18 - March, 2018

March 3, 2018

Georgia, the small South Caucasus country of 3.9mn, grew by 4.4% y/y in January, down from 4.8% in December and 5.2% y/y in January 2017. Overall, the economy achieved 4.8% growth in 2017. The ... more

Iran Country Report Feb18 - February, 2018

February 12, 2018

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

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