IMF: Armenia ahead of Georgia and Azerbaijan in terms of real GDP growth
Armenia is ahead of Georgia and Azerbaijan in terms of real GDP growth.
According to IMF data, Armenia saw 4.76% growth in 2019, while the number stood at 4.63% and 4.72% for Georgia and Azerbaijan respectively.
Gross domestic product is the most commonly used single measure of a country’s overall economic activity.
It represents the total value at constant [rices o f final goods and services produced withing a country during a specified time period, such as one year,