Magazine article New Internationalist

At a Glance

Magazine article New Internationalist

At a Glance

Article excerpt

Leader: President Serzh Sargsyan.

Economy: GM per capita $3,100, among the poorest of the former Soviet states. (Azerbaijan $4,840, Russia $9,370).

Monetary unit: Dram.

Main exports: Pig iron, nonferrous metals, diamonds, mineral products and foodstuffs. There is a serious balance of trade deficit, with imports almost three times the value of exports. But the economy has grown steadily - GDP has grown at an annual average of 6.2% since Soviet times, with bigger growth in recent years. Extreme poverty was reduced from 28% to 7% between the mid-1990s and the mid-2000s. New activities include processing precious stones and producing jewellery, while tourism is picking up pace.

People: 3.1 million. Annual population growth rate 0.2% (only recently recovered from negative growth due to emigration). People per square kilometre 103 (UK 253).

Health: Infant mortality 20 per 1,000 live births (Azerbaijan 30, Russia 11). …

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