Ukraine
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Population, 1000 persons | 42028 | 41745 | 41378 | . | . | . |
| GDP, real change in % | 3.2 | -3.8 | 3.4 | -33.0 | 5.5 | 12.0 |
| GDP per capita (EUR at PPP) | 9080 | 8740 | 9490 | . | . | . |
| Gross industrial production, real change in % | -0.5 | -4.5 | 1.9 | . | . | . |
| Unemployment rate - LFS, in %, average | 8.2 | 9.5 | 9.9 | 28.0 | 15.0 | 10.0 |
| Average gross monthly wages, EUR | 363 | 376 | 434 | . | . | . |
| Consumer prices, % p.a. | 7.9 | 2.7 | 9.4 | 21.0 | 10.0 | 6.0 |
| Fiscal balance in % of GDP | -2.2 | -5.3 | -3.4 | -25.0 | -20.0 | -8.0 |
| Public debt in % of GDP | 50.2 | 60.4 | 48.9 | . | . | . |
| Current account in % of GDP | -2.7 | 3.4 | -1.6 | 5.5 | 5.0 | -1.0 |
| FDI inflow, EUR m | 5174 | 266 | 6183 | . | . | . |
| Gross external debt in % of GDP | 79.4 | 74.6 | 67.7 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of January, April, July and November.
See Press Conferences.
publication_icon
Monthly Report No. 10/2022
Vasily Astrov, Andrei V. Belyi, Tetiana Bogdan and Vladislav L. Inozemtsev
wiiw Monthly Report No. 10, October 2022
53 pages including 6 Tables and 31 Figures
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Executive summary
Branimir Jovanović
in: Bracing for the Winter
wiiw Forecast Report No. Autumn 2022, October 2022 , pp. I-VIII
Details
The Russian invasion is causing significant human loss and physical capital destruction in Ukraine. However, after a sharp contraction, Ukraine’s economy has started to show signs of adjusting to the war conditions. External financial assistance is crucial both to keep the economy functioning and to achieve military victory. An accelerated recovery in the post-war period will depend on the establishment of a Marshall Plan-style international agency capable of providing adequate financing for the reconstruction of Ukraine’s economy.