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
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’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 4.7% y/y in December and in the last quarter of 2017. Overall, the economy achieved 4.8% growth in 2017. The Georgian economy appears to ... more
The Russian economy grew by 1.5% in 2017 as it finally emerged from several years of recession. The country's GDP in 2017 increased to RUB92.08 trillion from RUB85.92 trillion in 2016. In ... more
The Belarusian economy is doing well as it is being lifted by the economic revival in Russia. The country has emerged from recession as a result of improved trade flows. At the same time Eurobonds ... more
Ukraine economy is recovering but the slow pace of that recovery has disappointed. The economy generated lackluster growth of just above 2% over the past two years. Industrial production was flat ... more
Georgia, the small South Caucasus country of 3.9mn, grew by 4.9% y/y in the first half of 2017 and 4.7% in the first three quarters . The Georgian economy decelerated from 2.9% in 2015 to 2.7% in ... more
The European Bank for Reconstruction and Development (EBRD) has revised upward the forecast for Belarus' GDP growth to 1.5% in 2017 from its previous estimate of a 0.5% contraction in its May ... more
Ukraine's real GDP grew 2.1% year-on-year in July-September, the Ukrstat state statistics agency reports which while encouraging is still well under potential. The population are still mired in ... more
Russia’s GDP rose 2.2% y/y in 3Q17 due to the one-off support from agricultural sector and steadier acceleration of retail sales and will end the year with about 2.0-2.1% of growth as predicted. ... more
Iran’s economy has experienced an “impressive recovery” since international sanctions were lifted in January last year and delivered an annual economic growth of 12.5% in the last Persian year ... more