Ukraine
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Population, 1000 persons | 42270 | 42028 | 41745 | . | . | . |
| GDP, real change in % | 3.5 | 3.2 | -4.0 | 3.8 | 3.6 | 3.5 |
| GDP per capita (EUR at PPP) | 8570 | 8990 | 8820 | . | . | . |
| Gross industrial production, real change in % | 3.0 | -0.5 | -4.5 | . | . | . |
| Unemployment rate - LFS, in %, average | 8.8 | 8.2 | 9.5 | 9.0 | 8.0 | 8.0 |
| Average gross monthly wages, EUR | 276 | 363 | 376 | . | . | . |
| Consumer prices, % p.a. | 10.9 | 7.9 | 2.7 | 9.3 | 6.0 | 5.5 |
| Fiscal balance in % of GDP | -1.9 | -2.2 | -5.4 | -5.0 | -3.0 | -2.0 |
| Public debt in % of GDP | 60.9 | 50.2 | 60.9 | . | . | . |
| Current account in % of GDP | -4.9 | -2.7 | 3.4 | -0.9 | -2.4 | -3.0 |
| FDI inflow, EUR m | 3872 | 5207 | 215 | . | . | . |
| Gross external debt in % of GDP | 83.4 | 79.4 | 75.1 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of April, July and November.
See Press Conferences.
publication_icon
Executive summary
Vasily Astrov
in: Recovery Beating Expectations
wiiw Forecast Report No. Autumn 2021, October 2021 , pp. I-VI
Details
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Monthly Report No. 7-8/2021
Vasily Astrov, Alexandra Bykova, Rumen Dobrinsky, Selena Duraković, Richard Grieveson, Doris Hanzl-Weiss, Gabor Hunya, Branimir Jovanović, Niko Korpar, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter, Bernd Christoph Ströhm and Maryna Tverdostup
wiiw Monthly Report No. 7-8, July-August 2021
42 pages including 4 Tables and 15 Figures
Economic recovery in 2021 will be slower than expected, with GDP growing by 3.8% in annual terms. Private consumption will remain the main driver of growth throughout the forecast period. The recent acceleration in inflation is only temporary: it will slow down in 2022-2023. Any further delays to IMF funding disbursements would constitute a major risk to growth.