Ukraine

Economic recovery is projected to accelerate from an estimated 2.1% last year to around 3% p.a. in 2018-2020, mostly thanks to an expected recovery of exports. In the short run, growth will also be helped by a more expansionary fiscal policy in the run-up to next year’s presidential and parliamentary elections. Monetary policy, by contrast, has been tightened markedly in an attempt to tame the stubbornly high inflation.

map Ukraine
        FORECAST*
Main Economic Indicators201520162017201820192020
Population, 1000 persons428454267342485...
GDP, real change in %-9.82.42.52.93.23.2
GDP per capita (EUR at PPP)600061006300...
Gross industrial production, real change in %-13.02.80.4...
Unemployment rate - LFS, in %, average9.19.39.59.28.98.7
Average gross monthly wages, EUR173183237...
Consumer prices, % p.a.48.713.914.410.86.76.0
Fiscal balance in % of GDP-1.6-2.3-1.4...
Public debt in % of GDP79.180.971.8...
Current account in % of GDP1.8-1.4-1.9-3.5-3.8-5.4
FDI inflow, EUR mn275031082152...
Gross external debt in % of GDP132.4128.998.3...


Basic data are continuously updated.

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

publication_icon

UKRAINE: Reforms stall ahead of elections

Vasily Astrov
in: Riding the Global Growth Wave
wiiw Forecast Report No. Spring 2018, March 2018 , pp. 154-158
Details and Buy

publication_icon

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

Details


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