The Consumer Price Index increased only by 34% during this period, which implies a real growth of about 60% in GDP during the six years 2001–2007.

[citation needed] The territory's major newspaper and publishing company was Azat Artsakh, which was founded in Stepanakert in 1923.

[citation needed] Nagorno-Karabakh is known for its mulberry vodka (Armenian: tuti oghi), commercially produced and exported under the brand name Artsakh by the Artsakh-Alco Brandy Company in Askeran District.

[6][7] Up until recently Nagorno-Karabakh Republic was known to operate at least one hydroelectric power plant near Mardakert, which was constructed during the Soviet times.

The government hoped to build a number of small hydroelectric power plants — at a cost of $70–$80 million — that would supply both domestic needs and provide opportunities for export.

[3] On 12 April 2010 the prime ministers of NKR and Armenia inaugurated "Trghe-1" - the first in series of long anticipated hydro-electric stations in Nagorno-Karabakh.

One of Nagorno-Karabakh's most eye-catching pieces of infrastructure is the $15 million Goris-Stepanakert road, built right after the 1991-1994 war ended by funding from the Armenian diaspora.

Now the construction of the 168 km "North-South" highway at a cost of only $25 million,[3] which connects Mardakert with Stepanakert and Martuni is completed.

The telecommunications sector was developed with Karabakh Telecom[9] investing millions of dollars in mobile telephony, spearheaded by a Lebanese company.

The region had an inactive airline called Artsakh Air based in Stepanakert Airport and founded in 2011.

The climate of the region combined with its fertile soil allows to produce a unique variety of grapes, at an average height of 800 meters above sea level.

Many wine karases (jugs) dating back to the 7th century, were found in the archaeological sites near the village of Togh.