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Indicators of economy in Ukraine

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12.259 USD per capita. GDP in Ukraine, on the other hand, reached USD 4.567 per capita, or 200.09 billion USD in the whole country. Ukraine is therefore currently ranked 53 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Ukraine is in the list of the world's richest countries in place 96.

Inflation in Ukraine was in 2020 at around 2.73%. Within the EU, the average in the same year was 2.55%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 70.1% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


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 Dollar to 156.62 billion US Dollar. 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 has fallen from 7.9 percent previously to 2.7 percent by the end of 2020.

Unemployment rates in percent 1991 - 2021

Economic performance 2021

 Ukraine
Total
Ukraine
per capita
EU
Total
EU
per capita
GDP200.09 bn USD4,566.64 USD17.09 tn USD33,228.68 USD
Gross national product170.65 bn USD3,894.93 USD16.78 tn USD32,621.03 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 the Gross domestic product in billion US Dollar 1987 - 2021



Im- and Exports 2021

 Ukraine
Total
Ukraine
per capita
EU
Total
EU
per capita
Imports84.03 bn USD1,917.95 USD8,916.24 bn USD17,337.55 USD
Exports81.76 bn USD1,866.07 USD9,554.34 bn USD18,578.33 USD


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

Exports
Imports



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