map Ukraine
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.
Main Economic Indicators201920202021202220232024
Population, 1000 persons420284174541378...
GDP, real change in %3.2-3.83.4-33.05.512.0
GDP per capita (EUR at PPP)908087409490...
Gross industrial production, real change in %-0.5-4.51.9...
Unemployment rate - LFS, in %, average8.29.59.928.015.010.0
Average gross monthly wages, EUR363376434...
Consumer prices, % p.a.
Fiscal balance in % of GDP-2.2-5.3-3.4-25.0-20.0-8.0
Public debt in % of GDP50.260.448.9...
Current account in % of GDP-2.73.4-
FDI inflow, EUR m51742666183...
Gross external debt in % of GDP79.474.667.7...

Basic data are continuously updated.

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


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



Executive summary

Branimir Jovanović
in: Bracing for the Winter
wiiw Forecast Report No. Autumn 2022, October 2022 , pp. I-VIII