Economy of Ukraine
Population: 44.62 M (2018)
GDP per Capita: 3,095 USD (2018)
130,830 M.

GDP USD

(2018)

Display Chart
59,150 M.

EXPORTS USD

(2018)

Display Chart
70,400 M.

IMPORTS USD

(2018)

Display Chart
60.90 %

PUBLIC DEBT

(2018)

Display Chart
Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 3.34 % (2018)
GDP of 2010 USD USD 131.50 B. (2018)
GDP Current USD USD 130.83 B. (2018)
GDP per Capita Current USD USD 3,095 (2018)
GDP per capita, PPP USD 7,907 (2017)
GDP per Capita, 2010 USD USD 3,110 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP 20.76 % (2018)
Government Spending USD 27.17 B. (2018)
Government Debt % GDP 60.90 % (2018)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 84.43 (2018)
Trade Openness 99.02 % (2018)
Exports of Goods and Services % GDP 45.21 % (2018)
Exports Goods & Services USD 59.15 B. (2018)
Exports Annual Growth 3.76 % (2017)
Imports as % GDP 53.81 % (2018)
Total Imports USD 70.40 B. (2018)
Foreign Direct Investment % GDP 1.89 % (2018)
Foreign Direct Investment USD 2.48 B. (2018)
Current Account Balance % GDP USD -3.34 % (2018)
Current Account Balance USD -4.37 B. (2018)
Trade Balance % GDP -8.60 % (2018)
Trade Balance USD -11.37 B. (2018)
Foreign Exchange Reserves incl Gold USD 20.82 B. (2018)
Remittances % GDP 11.23 % (2018)
Remittances USD 3,200 M. (2018)
Balance of Payments USD 3,200 M. (2018)

Labor Market

Indicator Value
Labor Force 20.04 M. (2019)
Unemployment Rate 9.31 % (2019)
Unemployment Rate Females 7.80 % (2019)
Unemployment Rate Males 9.85 % (2019)
Youth Unemployment (ages 15-24) 19.74 % (2019)
Labor Force Participation Rate 53.70 % (2019)
Labor Force (Percent Female) 47.17 % (2019)
Female Labor Force Participation Rate 46.40 % (2019)
Male Labor Force Participation Rate 62.53 % (2019)
Dependent People 47.60 % (2018)

Agriculture Sector

Indicator Value
Forest Area 16.70 % (2016)
Forest Area km² 96,788 km² (2016)
Agricultural Land 71.67 % (2016)
Agricultural Land km² 415,150 km² (2016)
Employment 15.25 % (2019)
Value added % GDP 10.14 % (2018)
Agriculture Value added USD 13.26 B. (2018)
Crop Production Index 192.20 (2016)
Precipitation 565 mm (2014)
Arable Land 57 % (2016)
Cereal Yield 4,316 kg/hectare (2017)
Food production index 169 (2016)
Rural Population 31 % (2018)
Fertilizer use of Arable Land 53 kg/hectare (2016)
Livestock Production Index 98 (2016)
Economy of Ukraine

According to the World Bank and its latest published data, the economy of the Ukraine presents a growth rate of 3.34 % (2018) to the previous year.

With a population that reaches 44.62 M (2018) and a gross domestic product of USD 130.83 B. (2018), it translates a Gross Domestic Product per Capita of USD 3,095 placing its inhabitants on the threshold of an Lower middle income country (according to the World Bank's updated classification).

Ukraine also has a workforce of 20.04 M. (2019) with an unemployment rate of 9.31 % (2019), where women represent 7.80 % (2019) and men 9.85 % (2019), the unemployment rate for young people between 15-24 years old stood at 19.74 % (2019). The total number of dependent people stands at 47.60 % (2018).

The central government spent 20.76 % (2018) of its gross domestic product that year, which in absolute terms is USD 27.17 B. (2018). Its consolidated public debt reached 60.90 of its GDP, exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Ukraine exported USD 59.15 B. (2018), which represents 45.21 % (2018) of its gross domestic product, in that same sense its imports reached USD 70.40 B. (2018) with a direct foreign investment of USD 2.48 B. (2018).

Ukraine has a forest area of 96,788 km² (2016), which represents 16.70 % (2016) of its total area, an average rainfall of 565 mm (2014) per year and a population of 31 % (2018) living in rural areas. With a total area of 415,150 km² (2016) available for agriculture and 15.25 % (2019) of its employments, the agricultural sector contributes to the economy of the Ukraine about USD 13.26 B. (2018) (10.14 % (2018) of its GDP).