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.

Key Figures

Chief of State:
President Petro Oleksiyovych Poroshenko
Head of Government:
Prime Minister Volodymyr Groysman


Government Name:
Adopted: 1996; Serves as the fundamental law of Ukraine. Other laws and normative legal acts must conform to the constitution. A special legislative procedure is vested exclusively with parliament in regards to the right to amend the constitution. The Constitutional Court of Ukraine is the only body which may interpret the constitution to determine whether legislation conforms.
Government Type:
Ukraine Flag
Coat of Arms of Ukraine

Index of Economic Freedom

Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2018)

Country Risk Rating

A very uncertain political and economic outlook and a business environment with many troublesome weaknesses can have a significant impact on corporate payment behavior. Corporate default probability is high. Source: Coface (2018)

Government Branches

Main Powers Election Process Election Cycle 1

President represents the nation in international relations, administers the foreign political activity of the state, conducts negotiations and concludes international treaties. Prime Minister can countersign decrees and laws passed by the president.

President is elected by absolute majority vote through a two-round system, Prime Minister is appointed by the president with the approval of the parliament.

5 years


Although judicial independence exist in principle, in practice there is little separation of juridical and political powers. Judges are subjected to pressure by political and business interests.

Appointed by parliament.

No term limit


Determines the principles of domestic and foreign policy, introduces amendments to the Constitution of Ukraine, adopts laws, approves the state budget, designates elections of the President of Ukraine, impeaches the president, declares war and peace, appoints the Prime Minister of Ukraine, appoints or approves appointment of certain officials, appoints one-third of the Constitutional Court of Ukraine, elects judges for permanent terms, ratifies and denounces international treaties, and exercises certain control functions.

Supreme Council (Verkhovna Rada) 225 members are elected through a closed-list proportional representation system in a single, nationwide district, while the remaining 225 members are elected in single member districts.

5 years

Regional Trade Blocs

No Regional Trade Blocs

International Organization Participation [2]

Environmental Agreements [3]

Tax Information [2]

Tax Authority:
State Tax Service of Ukraine
Tax Name:


  1. ElectionGuide http://www.electionguide.org/
  2. EY, http://www.ey.com
  3. CIA World Factbook, https://www.cia.gov/library/publications/the-world-factbook/
  4. U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/