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Bloomberg has forecast 2.5% growth of Armenian GDP in 2016.

According to expert estimates, GDP growth in Azerbaijan and Georgia is expected to be 2.4% and 3%, respectively.

For the world's worst-performing economies, no good will come from New Year's resolutions to do better. For many, 2016 will only bring more disappointment, say economists surveyed by Bloomberg.
Oil-rich Venezuela will contract by 3.3 percent this year, the worst forecast of any of the 93 countries in the analysis, followed by junk-rated Brazil, debt-laden Greece and commodities-ravaged Russia.

Russia will stay in negative territory after contracting about 3.6 percent in the first nine months of last year, but will also turn the corner on what will likely be its longest recession in over two decades. Sanctions from the U.S. and European Union as well as low oil prices, which account for 40 percent of the government's budget revenues, took their toll.