In the ranking of the roughest economies, 178 countries are ranked based on an index that combines inflation, unemployment, bank loan rates and real GDP growth per capita. The higher a country is ranked, the worse its economy. What does it look like in the South Caucasus? ***** Turkey - 3rd place Iran - 4th place Georgia - 34th place Armenia - 52nd place Russia - 59th place ****** Vanguyu that with the foreign policy course its conflict Armenia in a few years will be more dysfunctional than Georgia. It would be strange for Azerbaijan not to take advantage of the fact that it is surrounded by most countries with less developed economies. No need to argue with Russia. It's worth it.