Ukraine’s GDP expanded 1.5 percent year-on-year in the fourth quarter of 2019, missing market expectations of 2.3 percent and easing from a 4.1 percent advance in the previous period, preliminary estimates showed. It was the weakest pace of expansion since the first quarter of 2016. On a quarterly basis, the economy advanced 0.1 percent, below a 0.6 percent rise in Q3, the least since the first quarter of 2017. Ukraine GDP Annual Growth Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

GDP Annual Growth Rate in Ukraine averaged 2.64 percent from 2000 until 2019, reaching an all time high of 14.30 percent in the third quarter of 2004 and a record low of -19.60 percent in the first quarter of 2009. This page provides - Ukraine GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: State Statistics Service Of Ukraine

GDP Annual Growth Rate in Ukraine is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Ukraine to stand at 3.50 in 12 months time. In the long-term, the Ukraine GDP Annual Growth Rate is projected to trend around 4.00 percent in 2021 and 4.20 percent in 2022, according to our econometric models.


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Ukraine GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.50 4.10 14.30 -19.60 2000 - 2019 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-09-18 02:05 PM YoY Final Q2 4.6% 2.5% 4.6%
2019-11-15 03:35 PM YoY Prel Q3 4.2% 4.6% 3.4% 3%
2019-12-19 04:00 PM YoY Final Q3 4.1% 4.6% 4.2%
2020-02-14 02:30 PM YoY Prel Q4 1.5% 4.1% 2.3% 3%
2020-03-20 02:30 PM YoY Final Q4 4.1% 1.5% 1.5%
2020-05-15 01:30 PM YoY Prel Q1 3.4%
2020-06-19 01:30 PM YoY Final Q1 3.4%
2020-08-14 01:30 PM YoY Prel Q2 3.5%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Ukraine Q4 GDP Growth at Near 4-Year Low of 1.5%
Ukraine’s GDP expanded 1.5 percent year-on-year in the fourth quarter of 2019, missing market expectations of 2.3 percent and easing from a 4.1 percent advance in the previous period, preliminary estimates showed. It was the weakest pace of expansion since the first quarter of 2016. On a quarterly basis, the economy advanced 0.1 percent, below a 0.6 percent rise in Q3, the least since the first quarter of 2017.
2020-02-14
Ukraine GDP Growth Revised Down in Q3
The Ukrainian economy advanced 4.1 percent year-on-year in the third quarter of 2019, after a 4.6 percent rise in the previous quarter and downwardly revised from the initial estimate of 4.2 percent. Household spending slowed (8.4 percent vs 11.8 percent in Q2) while net external demand contributed negatively to the GDP, as exports jumped 13.5 percent (vs 4.4 percent in Q2) while imports increased 6.2 percent (vs 9.1 percent in Q2). Meanwhile, government spending rebounded (1.1 percent vs -6.4 percent) while fixed investment grew faster (13.9 percent vs 7.9 percent). On a seasonally adjusted basis, the GDP expanded 0.6 percent, also downwardly revised from the initial estimate of 0.7 percent and compared to a 1.6 percent expansion in the previous quarter.
2019-12-19
Ukraine GDP Growth Slows Less than Expected in Q3
Ukraine’s GDP grew 4.2 percent year-on-year in the third quarter of 2019, easing from a 4.6 percent expansion in the previous period and easily beating expectations of 3.4 percent, preliminary estimates showed. On a quarterly basis, the country’s GDP advanced 0.7 percent, slowing from a 1.6 percent growth in Q2.
2019-11-15
Ukraine GDP Growth Confirmed at Over 2-Year High
Ukraine's gross domestic product grew 4.6 percent year-on-year in the second quarter of 2019, following a 2.5 percent expansion in the previous three-month period. That was the strongest growth rate since the last quarter of 2016, as household consumption increased 11.8 percent and fixed investment advanced 7.9 percent. Meanwhile, government spending contracted 6.4 percent while net external demand contributed negatively to the GDP, amid to a 9.1 percent jump in imports and a 4.4 percent rise in exports.
2019-09-18

Ukraine GDP Annual Growth Rate
On the production side, services are the biggest sector of Ukrainian economy and account for nearly 68 percent of total GDP, of which the most important are; domestic trade (14 percent) and accommodation and food service (13 percent). Industry accounts for 22 percent of GDP and is divided by manufacturing (11 percent); and agriculture (10 percent).