Ukraine's gross domestic product shrank 3.5 percent year-on-year in the third quarter of 2020, following a 11.4 percent contraction in the second quarter and compared to market expectations of a 4.7 percent drop, a preliminary estimate showed. On a seasonally adjusted quarterly basis, the economy expanded by a record 8.5 percent, after contracting a historical 9.9 percent in Q2. source: State Statistics Service Of Ukraine
GDP Annual Growth Rate in Ukraine averaged 2.35 percent from 2000 until 2020, 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 November of 2020.
GDP Annual Growth Rate in Ukraine is expected to be -9.00 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 5.00 in 12 months time. In the long-term, the Ukraine GDP Annual Growth Rate is projected to trend around 7.00 percent in 2021 and 2.60 percent in 2022, according to our econometric models.