Ukraine: Economy

Due to the ongoing political unrest and annexation of Crimea by Russia, the information on these pages may not reflect current conditions in the country.

Economic Trivia

Ukraine depends on imports to meet about three-fourths of its annual oil and natural gas requirements and 100% of its nuclear fuel needs.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): Russia, China, and Germany
Top 3 Exported Goods (2014): Iron & Steel, Cereals, and Fats & Oils

Top Industries Source: CIA World Factbook

Coal; Electric Power; Ferrous and Nonferrous Metals; Machinery and Transport Equipment

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $370,533,589,132 (2014)
GDP Growth Rate (annual %) -6.8% (2014)
GDP Per Capita, PPP (current international) $8,665 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 47/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 12.188% (2014)
External debt stocks, total (DOD, current US$) $147,712,446,000 (2013)
Total tax rate (% of commercial profits) 52.2% (2015)
Real Interest Rate (5 year average %) 2.603% (2014)
Manufacturing, value added (% of GDP) 13.123% (2014)
Current Account Balance (BoP, current US$) ($4,596,000,000) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 23,089,480 (2014)
Employment in Agriculture (% of total employment) 14.8% (2014)
Employment in Industry (% of total employment) 26.1% (2014)
Employment in Services (% of total employment) 59.1% (2014)
Unemployment Rate 7.7% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $70,173,639,446 (2014)
Exports of goods and services (current US$) $64,788,461,053 (2014)
Total Merchandise Trade (% of GDP) 82.34% (2014)
FDI, net inflows (BoP, current US$) $847,000,000 (2014)
Commercial Service Exports (current US$) $14,582,000,000 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Ukraine’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary