The IMF lowered its global growth projections to 2022 by 0.8 percentage points to 3.6% in 2022 and by 0.2 percentage points to 3.6% in 2023 due to the war in Ukraine. It also sees 2022 inflation at 5.7% in advanced economies and 8.7% in emerging market and developing economies, 1.8 and 2.8 percentage points higher than projected last January. The US economy is seen growing 3.7% this year, China 4.4%, the Euro Area 2.8% and Japan 2.4%. Russia GDP is expected to contract by 8.4% and Ukraine by 35%. source: State Statistics Service Of Ukraine
GDP Annual Growth Rate in Ukraine averaged 2.36 percent from 2000 until 2021, 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. Ukraine GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.
GDP Annual Growth Rate in Ukraine is expected to be -20.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ukraine GDP Annual Growth Rate is projected to trend around 3.40 percent in 2023 and 3.80 percent in 2024, according to our econometric models.