The bay of Baku on the Caspian Sea

The region

The region we connect with the world

Our definition sets the boundary of what we convene. The eighteen countries are listed on our Countries page.

Baku, Azerbaijan

Our definition

Our definition

The Greater Caspian Region includes 18 countries surrounding the Caspian Sea, the Black Sea, South Caucasus, and Central Asia up to Afghanistan and Pakistan.

The eighteen countries, with the map

  1. Caspian littoral

  2. South Caucasus

  3. Central Asia

  4. Black Sea basin and Eastern Europe

  5. South Asia

In figures

The figures we publish

18

Countries

680+Million People

Population

$12.8Trillion (PPP)

Gross domestic product

PPP is purchasing power parity

10Million km²

Area

Energy and critical minerals

Resource base

From hydrocarbons to critical metals

6.6%in 2025

Central Asia growth

About four times the rate of most western European economies

2.6%a year, 2014–2024

Growth over a decade

Real terms; euro area achieved 1.5% a year

+110Million Tons of Breakbulk Cargo

Breakbulk cargo

+500,000TEU Containers

Containers

TEU is the twenty-foot equivalent unit

Source Our regional figures draw on our own analysis with a research and consulting partner.

The decade growth rate is our own calculation from annual real gross domestic product growth by country, compiled by countryeconomy.com from International Monetary Fund, World Bank, Eurostat and national statistical office accounts (read 3 August 2026). The euro-area figure uses the same method and source data.

Why it matters

Why the region matters

Tbilisi, Georgia

01The world

The region matters to the world for its energy and food security, its people, its logistics and its markets for products and technology. It was also home to some of the world's oldest civilisations.

An oil platform on the Caspian Sea

02Energy

Energy comes first. The region holds some of the world's largest natural-gas reserves, alongside significant wind, solar and hydro potential. Our What we work on page sets out how we convene on it.

Caspian Week 2020, DavosGeorgian evening reception

03Food

Fertilisers of Greater Caspian origin can support enough wheat to feed more than 1.5 billion people, a population on the scale of India or China.

Caspian Week 2020, DavosCaspian transport corridors in light of global change

04Corridors

The region's north–south and east–west corridors carry trade between its countries. Whether cargo moves at all depends on governments coordinating with one another, which we take up on our What we work on page.

Caspian Week 2020, DavosA speaker on stage

05The case

Our case is that 680+ million people and $12.8 trillion (PPP) are worth addressing as one region. Caspian Week (opens the Caspian Week site in a new tab) is the forum where we convene around that case.