Artsakh’s entire economy is heavily dependent on Armenia, and the blockade of the Lachin Corridor has made it more vulnerable, giving Azerbaijan the ability to weaponize Artsakh’s energy supply and control over its critical infrastructure.

Two decades ago, the IT sector was declared a priority for Armenia. With natural talent, innovation and state privileges, the sector seems to be growing relatively fast. Yet, its influence on the country’s economy remains relatively low.

Azerbaijan increased its military spending by 17% in 2020; this was among the largest annual increases in Eastern Europe and Eurasia. Ani Avetisyan breaks down the numbers of the military expenditures of both Armenia and Azerbaijan.