BAKU, Azerbaijan, April 10. In 2025, economic
growth in the Caucasus, Central, and West Asia region stood at
4.6%, said George Luarsabishvili, Senior Economics Officer at the
Asian Development Bank (ADB) for the Caucasus and Central/West Asia
regions, Trend
reports.
He made the announcement during a presentation of the Asian
Development Outlook 2026 in Baku.
“In most countries of the subregion, growth turned out to be
unexpectedly high and was driven by strong economic activity in
Kazakhstan,” Luarsabishvili said.
According to him, economic growth in developing countries in the
Asia-Pacific region in 2025 exceeded expectations and reached
5.4%.
“This was made possible by stable consumption and continued
export growth, as well as India’s economic growth, which offset the
slowdown in growth rates in the People’s Republic of China,” he
noted.