The war torn economy of Karabakh shows a relatively quick and confident recovery. In 1999, the GDP figure was $59 million, 80 percent down on the figure in Soviet times.[3] Yet, the GDP of the Republic of Artsakh has reached $114 million in 2005, double the figure in 2001, registering economic growth of 14% (in current prices) in 2005,[4] and in 2009 it registered a GDP of $260 million, which increased to $320 million by 2010. Nagorno-Karabakh's GDP (PPP) for 2010 is estimated at $1.6 billion[citation needed].