Blog Archive: October 2013

Baltic States vs Caucasus Region: A Comparison of GDP in 2012

| 6 views | Macroeconomics

The Baltic states and Caucasus region both have unique economic landscapes that make for an interesting comparison. Let's start by looking at the GDP in each of the six countries in 2012. Azerbaijan was the wealthiest country with 67.2 billion USD, followed by Lithuania with 42.25 billion USD, Latvia with 28.37…