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Ukraine GDP and Economic Data

Includes Ukraine real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

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.

 
 
Source
Central bank

National Bank of Ukraine

Source
International Reserves

USD 20.8 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

Source
Gross Domestic Product - GDP

USD 29.14 billion (2020)
World Bank, last updated 12/16/2021

Source
GDP (Purchasing Power Parity)

USD 181.04 billion (2021 estimate)
IMF - World Economic Outlook, October 2021

Source
Real GDP growth
2017 2018 2019 2020 2021*
2.4% 3.5% 3.2% –4% 3.5%

*Estimate

Source
GDP per capita - current prices

USD 4,384.24 (2021 estimate)
IMF - World Economic Outlook, October 2021

Source
GDP per capita - PPP

USD 14,145.87 (2021 estimate)
IMF - World Economic Outlook, October 2021

Source
GDP (PPP) - share of world total

0.40% (2021 estimate)
IMF - World Economic Outlook, October 2021

Source
 
 
Source
GDP - composition by sector
  • agriculture: 9.3% 
  • industry: 20.9% 
  • services: 55.6%

(2018 estimate)

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Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Source
Inflation
2017 2018 2019 2020 2021*
14.4% 10.9% 7.9% 2.7% 9.5%

*Estimate

Source
Unemployment rate
2017 2018 2019 2020 2021*
9.7% 9% 8.5% 9.2% 9.7%

*Estimate

Source
Household saving rates

N/A

Source
Public debt (General government gross debt as a % of GDP)
2017 2018 2019 2020 2021*
71.6% 60.4% 50.5% 60.8% 54.4%

*Estimate

Source
Public deficit (General government net lending/borrowing as a % of GDP)
2017 2018 2019 2020 2021*
1.5% 1.1% 1.1% –3.1% –1.3%

*Estimate

Source
Government bond ratings

Standard & Poor's: B

Moody's: B3

Standard & Poor's / Moody's (January 2022)

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Market value of publicly traded shares

USD 4.4 billion (2018)
World Bank / Market capitalization

 

Source
Largest companies

N/A

Source
 
 
Source
Current account balance

USD -1.2 billion (2021 estimate)
IMF - World Economic Outlook, October 2021

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Current account balance by percentage of GDP

-0.69% (2021 estimate)
IMF - World Economic Outlook, October 2021

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Exports as percent of GDP (Exports of goods and services)

39.1% (2020)
World Bank - World Development Indicators (updated Feb 2022)

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Shares in world total merchandising export

0.28% (2020)

Source
Shares in world total commercial services export

0.3% (2020)

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Total exports

USD 60.7 billion (2020 estimate)

Source
Export commodities

Corn, sunflower seed oils, iron and iron products, wheat, insulated wiring, rapeseed (2019)

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Total imports

USD 62.8 billion (2020 estimate)

Source
 
 
Source
Import commodities

Refined petroleum, cars, packaged medicines, coal, natural gas (2019)

Source
Exports - major partners

Russia 9%, China 8%, Germany 6%, Poland 6%, Italy 5%, Turkey 5% (2019)

Source
Imports - major partners

China 13%, Russia 12%, Germany 10%, Poland 9%, Belarus 7% (2019)

Source
FDI inflows
2019 2020 2021
USD 4.5 billion USD 5.9 billion USD –868 million
Source
FDI outflows
2019 2020 2021
USD -5 million USD 648 billion USD 82 million
Source
Value of cross-border M&A, by country of purchaser
2018 2019 2020 2021
USD 162 million USD 105 million USD 29 million USD –65 million
Source
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

(for a monthly update on M&A; click here )

Source
Cross-border M&A deals worth over $3 billion completed in 2015

N/A

(for a monthly update on M&A; click here )

Source
Best countries for doing business

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

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Global competitiveness ranking

25 out of 141 (2019)
World Economic Forum / Global competitiveness ranking

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Index of Economic Freedom

Ranking: 130 / Score: 54.1 (Mostly Unfree)
The Heritage Foundation - 2022 Index of Economic Freedom

Source
 
 
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Time zone

UTC+2

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Total area

603,500 sq km

Source
Capital

Kyiv (Kiev) 

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Currency

Hryvnia (UAH) 

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Government type

Semi-presidential republic

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Languages

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

Source
Religions

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.)

Source
Total population
1990 2000 2010 2015 2020
51.9 million 49.2 million 45.9 million 45.2 million 44.1 million
Source
 
 
Source
Urban population as % of total population
1960 1980 2000 2020
46.8% 61.7 67.1% 69.6%
Source
Population median age

41.2 years (2020 est.)

Source
Population growth rate

-0.5% (2022 est.)

Source
Life expectancy

73.5 years (2022 estimate)

Source
Literacy

Total population: 99.8%

Male: 99.8%

Female: 99.7% (2015)

Definition: age 15 and over can read and write 

Source
% of population living on less than $3.10 a day

0.1% (last available estimate, 2020)

Source
Inequality of wealth distribution (Gini index)

25.6 (last available estimate, 2020)

(0=perfect equality, 100=absolute inequality)

Source
Freedom House rating

Total score: 61/100

Status: Partly Free

Political Rights: 26/40

Civil Liberties: 35/60 (2022)

Source
Total telephone subscribers as % of population

Fixed: 7.9%

Mobile: 129.3% (2020)

(fixed-telephone subscribers and mobile-cellular subscribers)

Source
Internet users as % of total population

75.0% (2020)

Source
Mercer Cost of living index

N/A

Source
CO2 emissions

4.2 metric tons per capita (2018)
World Bank / CO2 emissions

Source

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