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Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Ukraine economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Ukraine best banks and safest banks are also available.
Valeria Gontareva, governor of the National Bank of Ukraine 2014–2017, knows a few things about rebuilding in the wake of conflict. She talks about how Ukraine’s economy can be restored.
USD 20.8 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
USD 29.14 billion (2020)
World Bank, last updated 12/16/2021
USD 181.04 billion (2021 estimate)
IMF - World Economic Outlook, October 2021
| 2017 | 2018 | 2019 | 2020 | 2021* |
| 2.4% | 3.5% | 3.2% | –4% | 3.5% |
*Estimate
USD 4,384.24 (2021 estimate)
IMF - World Economic Outlook, October 2021
USD 14,145.87 (2021 estimate)
IMF - World Economic Outlook, October 2021
0.40% (2021 estimate)
IMF - World Economic Outlook, October 2021
(2018 estimate)
| 2017 | 2018 | 2019 | 2020 | 2021* |
| 14.4% | 10.9% | 7.9% | 2.7% | 9.5% |
*Estimate
| 2017 | 2018 | 2019 | 2020 | 2021* |
| 9.7% | 9% | 8.5% | 9.2% | 9.7% |
*Estimate
| 2017 | 2018 | 2019 | 2020 | 2021* |
| 71.6% | 60.4% | 50.5% | 60.8% | 54.4% |
*Estimate
| 2017 | 2018 | 2019 | 2020 | 2021* |
| 1.5% | 1.1% | 1.1% | –3.1% | –1.3% |
*Estimate
Standard & Poor's: B
Moody's: B3
Standard & Poor's / Moody's (January 2022)
USD 4.4 billion (2018)
World Bank / Market capitalization
USD -1.2 billion (2021 estimate)
IMF - World Economic Outlook, October 2021
-0.69% (2021 estimate)
IMF - World Economic Outlook, October 2021
39.1% (2020)
World Bank - World Development Indicators (updated Feb 2022)
0.28% (2020)
0.3% (2020)
Corn, sunflower seed oils, iron and iron products, wheat, insulated wiring, rapeseed (2019)
Refined petroleum, cars, packaged medicines, coal, natural gas (2019)
Russia 9%, China 8%, Germany 6%, Poland 6%, Italy 5%, Turkey 5% (2019)
China 13%, Russia 12%, Germany 10%, Poland 9%, Belarus 7% (2019)
| 2019 | 2020 | 2021 |
| USD 4.5 billion | USD 5.9 billion | USD –868 million |
| 2019 | 2020 | 2021 |
| USD -5 million | USD 648 billion | USD 82 million |
| 2018 | 2019 | 2020 | 2021 |
| USD 162 million | USD 105 million | USD 29 million | USD –65 million |
N/A
(for a monthly update on M&A; click here )
N/A
(for a monthly update on M&A; click here )
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
64 out of 190 countries
Subcategories:
Starting a Business: 61 out of 190 countries
Dealing with Construction Permits: 20 out of 190 countries
Getting Electricity: 128 out of 190 countries
Registering Property: 61 out of 190 countries
Getting Credit: 37 out of 190 countries
Protecting Minority Investors: 45 out of 190 countries
Paying Taxes: 65 out of 190 countries
Trading across Borders: 74 out of 190 countries
Enforcing Contracts: 63 out of 190 countries
Resolving Insolvency: 146 out of 190 countries
World Bank - Doing Business 2020
25 out of 141 (2019)
World Economic Forum / Global competitiveness ranking
Ranking: 130 / Score: 54.1 (Mostly Unfree)
The Heritage Foundation - 2022 Index of Economic Freedom
Ukrainian (official) 67.5%, Russian (regional language) 29.6%, other (includes small Crimean Tatar-, Moldovan/Romanian-, and Hungarian-speaking minorities) 2.9% (2001 est.); note - in February 2018, the Constitutional Court ruled that 2012 language legislation entitling a language spoken by at least 10% of an oblast's population to be given the status of "regional language" - allowing for its use in courts, schools, and other government institutions - was unconstitutional, thus making the law invalid; Ukrainian remains the country's only official nationwide language
Orthodox (includes the Orthodox Church of Ukraine (OCU), Ukrainian Autocephalous Orthodox Church (UAOC), and the Ukrainian Orthodox - Moscow Patriarchate (UOC-MP)), Ukrainian Greek Catholic, Roman Catholic, Protestant, Muslim, Jewish (2013 est.)
| 1990 | 2000 | 2010 | 2015 | 2020 |
| 51.9 million | 49.2 million | 45.9 million | 45.2 million | 44.1 million |
| 1960 | 1980 | 2000 | 2020 |
| 46.8% | 61.7 | 67.1% | 69.6% |
Total population: 99.8%
Male: 99.8%
Female: 99.7% (2015)
Definition: age 15 and over can read and write
0.1% (last available estimate, 2020)
25.6 (last available estimate, 2020)
(0=perfect equality, 100=absolute inequality)
Total score: 61/100
Status: Partly Free
Political Rights: 26/40
Civil Liberties: 35/60 (2022)
Fixed: 7.9%
Mobile: 129.3% (2020)
(fixed-telephone subscribers and mobile-cellular subscribers)
4.2 metric tons per capita (2018)
World Bank / CO2 emissions