Ukraine's gross domestic product shrank 2.2 percent year-on-year in the first quarter of 2021, compared to preliminary estimates of a 2 percent contractions and following a 0.5 percent drop in the previous period. On a seasonally adjusted quarterly basis, the economy contracted 1.2 percent. Looking ahead, the National Bank of Ukraine sees the economy rebound by 8.7 percent in the second quarter, followed by a 4.2 percent growth in the third quarter, and advance by 3.6 percent in the last quarter. source: State Statistics Service Of Ukraine
GDP Annual Growth Rate in Ukraine averaged 2.27 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 June of 2021.
GDP Annual Growth Rate in Ukraine is expected to be 8.70 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 2.90 percent in 2022 and 2.60 percent in 2023, according to our econometric models.