Economic recovery continues largely unabated, as the negative shock to industrial production and exports from the ban on trade with Donbas has been offset by strengthening private consumption. Also, the government has been able to borrow from international capital markets for the first time since 2015. Barring major negative shocks, growth is expected to reach 2% this year, and to accelerate to 3% in 2018-2019.

map Ukraine
Main Economic Indicators201420152016201720182019
Population, 1000 persons430014284542673...
GDP, real change in %-6.6-
GDP per capita (EUR at PPP)640059006000...
Gross industrial production, real change in %-10.1-13.02.8...
Unemployment rate - LFS, in %, average9.
Average gross monthly wages, EUR221173183...
Consumer prices, % p.a.12.148.713.914.38.05.0
Fiscal balance in % of GDP-4.5-1.6-2.3...
Public debt in % of GDP69.479.181.0...
Current account in % of GDP-3.4-0.2-3.7-3.4-4.0-3.9
FDI inflow, EUR mn64127503108...
Gross external debt in % of GDP102.6132.4128.9...

Basic data are continuously updated.

* Forecasts are changed beginning of March, July and November.
See Press Conferences.


Monthly Report No. 11/2017

Amat Adarov, Vasily Astrov, Julian Hinz, Evgenii Monastyrenko and Sandor Richter
wiiw Monthly Report No. 11, November 2017
47 pages including 3 Table and 21 Figures



UKRAINE: Jobless recovery

Vasily Astrov
in: CESEE Back on Track to Convergence
wiiw Forecast Report No. Autumn 2017, November 2017 , pp. 128-132
Details and Buy