Ukraine’s economy advanced by 3.8 percent year-on-year in the second quarter of 2018, higher than a preliminary estimate of 3.6 percent and following a 3.1 percent growth in the previous period. It was the fastest pace of expansion since the fourth quarter of 2016, mainly driven by a rebound in government expenditure (11 percent from -0.2 percent in Q1). On the other hand, output slowed for household’s consumption (4.2 percent from 5.6 percent) and fixed investment (14.2 percent from 17 percent). Also, net trade contributed negatively to growth, as exports edged up 0.1 percent (-9.9 percent in Q1) while imports went up at a higher 3 percent (-5.4 percent in Q1). On a quarterly basis, gross domestic product expanded 1 percent, up from an initial estimate of 0.9 percent and after a 0.9 percent increase in the first quarter. GDP Annual Growth Rate in Ukraine averaged 2.56 percent from 2000 until 2018, 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.

Ukraine GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-19 03:05 PM GDP Growth Rate YoY Final 3.1% 2.2% 3.1% 3.1%
2018-08-14 02:50 PM GDP Growth Rate YoY Prel 3.6% 3.1% 2.5% 3.4%
2018-09-18 03:20 PM GDP Growth Rate YoY Final 3.8% 3.1% 3.6%
2018-11-14 04:00 PM GDP Growth Rate YoY Prel 3.8% 3.1% 3.5%
2018-12-19 04:00 PM GDP Growth Rate YoY Final 3.8%


Ukraine GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.00 0.90 3.90 -4.70 percent [+]
GDP Annual Growth Rate 3.80 3.10 14.30 -19.60 percent [+]
GDP 112.15 93.27 183.31 31.26 USD Billion [+]
GDP Constant Prices 244789.00 217484.00 319384.00 96169.00 UAH Million [+]
Gross Fixed Capital Formation 47596.00 36130.00 68553.00 14356.00 UAH Million [+]
GDP per capita 2991.63 2905.86 4243.77 1686.94 USD [+]
GDP per capita PPP 7894.39 7668.06 10463.96 4451.55 USD [+]
GDP From Agriculture 12591.00 7314.00 55379.00 6803.00 UAH Million [+]
GDP From Construction 7308.00 3831.00 11152.00 2757.00 UAH Million [+]
GDP From Manufacturing 28619.00 25362.00 41074.00 22049.00 UAH Million [+]
GDP From Mining 11441.00 11114.00 17972.00 10881.00 UAH Million [+]
GDP From Public Administration 13292.00 13077.00 14730.00 11925.00 UAH Million [+]
GDP From Services 37291.00 31628.00 43980.00 27971.00 UAH Million [+]
GDP From Transport 21757.00 18654.00 24464.00 16741.00 UAH Million [+]
GDP From Utilities 774.00 650.00 2063.00 650.00 UAH Million [+]


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). This page provides - Ukraine GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ukraine GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.10 14.30 -19.60 2000 - 2018 percent Quarterly




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India 8.20 Jun/18
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Italy 0.80 Sep/18
South Africa 0.40 Jun/18
Argentina -4.20 Jun/18


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