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Indicators of economy in Ukraine

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Ukraine, on the other hand, reached USD 4,569 per capita, or 200.09 billion USD for the whole country. Ukraine is therefore currently ranked 53 of the major economies. If this is calculated per inhabitant, taking purchasing power parity into account, then Ukraine ranks 103rd in the list of the richest countries.

Inflation in Ukraine in 2021 was around 9.36%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 68.8 percent lower.
The index for perceived corruption in the public sector is 32, which is below average by global standards.


Back to overview: Ukraine

Impact of the COVID-19 pandemic

Overall, the gross domestic product in Ukraine in 2020 increased from 153.88 billion US dollars to 156.62 billion US dollars. Certainly, there have been shifts in numerous sectors of the economy, but a 1.8 percent increase has been rather unusual this year. While most countries have suffered significant losses, Ukraine has certainly held its own. The tourism sector alone slumped by around 74 percent. The unemployment rate rose from 8.2 to 9.1 percent. The inflation rate fell from 7.9 percent previously to 2.7 percent by the end of 2020.

Unemployment rates in percentages 1991 - 2021

Economic performance 2021

 Ukraine
Total
Ukraine
per capita
EU
Total
EU
per capita
GDP200.09 bn USD4,568.91 USD17.177 tn USD33,384.92 USD
Gross national product170.65 bn USD3,896.87 USD16.895 tn USD32,835.37 USD


Ukraine ranked 58th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea.

Development of gross domestic product in billions of USD 1987 - 2021



Imports and Exports 2021

 Ukraine
Total
Ukraine
per capita
EU
Total
EU
per capita
Imports84.03 bn USD1,918.90 USD8.916 tn USD17,329.02 USD
Exports81.76 bn USD1,866.99 USD9.554 tn USD18,569.19 USD


Development of imports and exports in billions of USD 1994 - 2021

Exports
Imports



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