The Armenian economy contracted sharply in 2020, by 5.7%, mainly due to the 2020 Armenia-Azerbaijan war. In contrast it grew by 7.6 per cent in 2019, the largest recorded growth since 2007, while between 2012 and 2018 GDP grew 40.7%, and key banking indicators like assets and credit exposures almost doubled.
The economy of Costa Rica has been very stable for some years now, with continuing growth in the GDP and moderate inflation, though with a high unemployment rate: 11.49% in 2019. Costa Rica's economy emerged from recession in 1997 and has shown strong aggregate growth since then. The estimated GDP for 2017 is US$61.5 billion, up significantly from the US$52.6 billion in 2015 while the estimated 2017 per capita is US$12,382.
The economy of Ecuador is the eighth largest in Latin America and the 69th largest in the world by total GDP. Ecuador's economy is based on the export of oil, bananas, shrimp, gold, other primary agricultural products and money transfers from Ecuadorian emigrants employed abroad. In 2017, remittances constituted 2.7% of country's GDP. The total trade amounted to 98% of the Ecuador's GDP in 2017.
The economy of Equatorial Guinea has traditionally been dependent on commodities such as cocoa and coffee, but is now heavily dependent on petroleum due to the discovery and exploitation of significant oil reserves in the 1980s. In 2017, it graduated from "Least Developed Country" status, the only Sub-Saharan African nation that managed to do so besides Botswana.
Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental landlocked country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbekistan to the south, and Turkmenistan to the southwest. Its capital is Nur-Sultan, formerly known as Astana until 2019. Almaty, Kazakhstan's largest city, was the country's capital until 1997. Kazakhstan is the world's largest landlocked country, the world's largest Muslim-majority country by land area, and the ninth-largest country in the world overall. It has a population of 19 million people, and one of the lowest population densities in the world, at fewer than 6 people per square kilometre.
The economy of Kazakhstan is the largest in Central Asia in both absolute and per capita terms. Kazakhstan has attracted more than $370 billion of foreign investments since becoming an independent republic after the collapse of the former Soviet Union.
The economy of Moldova is an upper-middle income economy with a high Human Development Index. Moldova is a landlocked Eastern European country, bordered by Ukraine on the east and Romania to the west. It is a former Soviet republic.
The economy of the Republic of the Congo is a mixture of subsistence hunting and agriculture, an industrial sector based largely on petroleum extraction and support services. Government spending is characterized by budget problems and overstaffing. Petroleum has supplanted forestry as the mainstay of the economy, providing a major share of government revenues and exports. Nowadays the Republic of the Congo is increasingly converting natural gas to electricity rather than burning it, greatly improving energy prospects.
The economy of Ukraine is an emerging, mixed economy located in Eastern Europe. It grew rapidly from 2000 until 2008 when the Great Recession began worldwide and reached Ukraine as the 2008–2009 Ukrainian financial crisis. The economy recovered in 2010 and continued improving until 2013. From 2014 to 2015, the Ukrainian economy suffered a severe downturn, with GDP in 2015 being slightly above half of its value in 2013. In 2016, the economy again started to grow. By 2018, the Ukrainian economy was growing rapidly, and reached almost 80% of its size in 2008.
Since independence, the economy of Uzbekistan continues to exist as a Soviet-style command economy, with a slow transformation to a market economy. The progress of governmental economic policy reforms has been cautious, but cumulatively Uzbekistan has shown respectable achievements. Its restrictive trade regime and generally interventionist policies continue to have a negative effect on the economy. Substantial structural reform is needed, particularly in these areas: improving the investment climate for foreign investors, strengthening the banking system, and freeing the agricultural sector from state control. Remaining restrictions on currency conversion capacity and other government measures to control economic activity, including the implementation of severe import restrictions and sporadic closures of Uzbekistan's borders with neighboring Kazakhstan, Kyrgyzstan, and Tajikistan have led international lending organizations to suspend or scale back credits.
The tenge is the currency of Kazakhstan. It is divided into 100 tiyn.
Erbolat Asqarbekūly Dosayev is a Kazakh politician serving as an äkım of Almaty since 31 January 2022. Prior to that, he was a National Bank of Kazakhstan chairman from 25 February 2019 and served as a Deputy Prime Minister from 29 August 2017 to 25 February 2019. He served as the Minister of Finance from 16 June 2003 to 5 April 2005, headed the Agency for Regulating Natural Monopolies, and later as the Health Minister from 5 April 2004 to 20 September 2006. In January 2013, Dosaev was appointed head of a reorganized Minister of National Economy.
Karim Qazhymqanuly Massimov is a politician who served as a Prime Minister of Kazakhstan from 10 January 2007 to 24 September 2012 and again from 2 April 2014 to 8 September 2016.
Agriculture in Kazakhstan remains a small scale sector of Kazakhstan's economy. Agriculture's contribution to the GDP is under 10% - it was recorded as 6.7%, and as occupying only 20% of labor. At the same time, more than 70% of its land is occupied in crops and animal husbandry. Compared to North America, a relatively small percentage of land is used for crops, with the percentage being higher in the north of the country. 70% of the agricultural land is permanent pastureland.
Kazakhstan owns large reserves of energy resources, and therefore the energy policy of Kazakhstan has influence over the world's overall energy supply. Although Kazakhstan has not described itself as an energy superpower, Kazakhstan's former president Nursultan Nazarbayev claimed Kazakhstan will become a factor of energy security in Asia and Europe. Kazakhstan has a strategic geographical location to control oil and gas flows from Central Asia to East (China) and West.
Women in Kazakhstan are women who live in or are from Kazakhstan. Their position in society has been and is influenced by a variety of factors, including local traditions and customs, decades of Soviet regime, rapid social and economic changes and instability after independence, and new emerging Western values.
The economy of Algeria expanded by 1.4% in 2018, up from 4.1% in 2016 with growth driven mainly by the recovering oil and gas sector.
Snap presidential elections were held in Kazakhstan on 26 April 2015 to elect the President of Kazakhstan. This was the fifth presidential election held and second without having any formal opposition candidates. With the highest-ever nationwide turnout of 95.2%, the result was a victory for long-term incumbent President Nursultan Nazarbayev of Nur Otan who received 97.8% of the vote, the largest since 1991, thus winning a fifth term in office while his closest challenger, Turgyn Syzdyqov, received only 1.6% of the votes.
Legislative elections were held in Kazakhstan on 20 March 2016. The date was set by president Nursultan Nazarbayev on 20 January 2016, when he dissolved the Mazhilis after it had requested dissolution on 13 January, with the reason cited being the economic crisis caused by low oil prices. Normally, the term of the Mazhilis would have expired in fall of 2016.
Iran and the International Monetary Fund have been in partnership since 1945. Iran has gone to the IMF on only two occasions, both before the 1979 revolution of Iran.
