Scores of Russians fled their homeland following the outbreak of the Ukraine war.
The growth of such countries surged in 2022 after the arrival of these Russians, per a new report.
About six months later, there was another wave of departures after Russian President Vladimir Putin ordered a partial military mobilization for the Ukraine war on September 21.
Armenia — once known as the Silicon Valley of the Soviet Union — saw its 2022 growth spike to 12.6%, per the World Bank.
Meanwhile, Georgia's GDP jumped by 10.1% in 2022, per the World Bank, beating an 8.8% growth forecast.
Persons:
—, Insider's Jason Lalljee, Vladimir Putin, Georgia —, Armenia —, Soviet Union —, Suren, Martin Galstyan, Oleg Itskhoki
Organizations:
Service, Reuters, Kremlin, Novaya Gazeta, World Bank, Bank, Armenian State University of Economics, Georgia's, University of California, Bloomberg
Locations:
Ukraine, Armenia, Georgia, Kyrgyzstan, Wall, Silicon, Russia, Caucasus, Azerbaijan, Soviet Union, IT, outpacing, Turkey, Kazakhstan