GDP

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  • GDP growth promised by PM may cost Ukrainians $9bn – expert A 40% GDP growth over five years, as promised by Prime Minister Oleksiy Honcharuk, is fraught with huge budget spending, according to Concorde Capital. "If the government after all…
  • IMF: corruption costs Ukraine 2% GDP growth per year The high level of corruption costs Ukraine a 2%-per-cent growth of GDP per year, IMF Resident Representative in Ukraine Gosta Ljungman has said. He presented the latest update of…
  • Ukraine's GDP up by 2.5% in 2017 In 2017, real GDP increased by 2.5%, in comparison with 2016 (in permanent prices of 2010), up to 2,982.92bn hryvnyas (in factual prices) (not including occupied Crimea and Sevastopol…
  • Groysman: GDP growth at 2 - 3% insufficient. Our task is 5% + Prime Minister Volodymyr Groysman believes that the focus on the digital economy will allow Ukraine to accelerate economic growth and be successful and competitive worldwide. "Digital…
  • Moody's improves Ukraine's forecast of GDP growth in 2018 International rating agency Moody's has improved the forecast for the growth of Ukraine's gross domestic product next year to 3.5%, an improvement over the August forecast of 2.5…
  • PM seeks to make Ukrainian economy most successful in Europe Prime Minister Volodymyr Groysman said that Ukraine's economy can become one of the most successful on the European continent. "I have repeatedly said that we can become one of the…
  • World Bank confirms Ukraine's 2017 GDP outlook at 2% The World Bank, as at the beginning of the year, forecasts the growth of Ukraine's gross domestic product at 2% in 2017, Director of the World Bank for Ukraine, Belarus and Moldova…
  • Finance minister hopes to boost GDP growth to 6-7% in next two years Finance Minister Oleksandr Danilyuk hopes the growth of Ukrainian economy may accelerate to 6-7% in 2018-19. "I want to bring to Ukraine a growth on 6 to 7% over the next two years…
  • Central bank worsens GDP growth forecast The National Bank of Ukraine worsened the forecast for GDP growth in 2017 from 1.9% to 1.6%, a 6 July press release of the regulator says. The revision of the forecast was due to…
  • Cabinet worsens macro forecasts for 2017 The government at a Cabinet meeting on Wednesday, 31 May officially worsened the country's 2017 GDP outlook from 3% to 1.8%, inflation from 8.1% to 11.2%. The Cabinet revised the forecast…
  • PM says Ukrainians' incomes grew 37% in year A average salary of a full-time employee in Ukraine increased by 37% last year, Prime Minister Volodymyr Groysman wrote on Facebook on 1 May with a reference to the State Statistics…
  • Ukraine's GDP grew 3% in Q1 The gross domestic product of Ukraine increased by 3 percent in the first quarter of 2017, according to the National Bank of Ukraine. "The impetus to the growth of economic activity…
  • Ukrainian PM sets GDP growth target at 4-5 per cent Ukraine's Prime Minister Volodymyr Groysman tasked his government to provide an annual GDP growth of at least 4-5%. "We must build a strong and competitive economy. We must ensure…
  • Expert: industry should grow 8-10% for GDP to grow 5-7% For the Ukrainian economy to grow 5-7% a year, the industry should show the growth of 8-10%, Deputy Director of Ukrpromzovnishexpertyza Serghiy Povazhnyuk told a round table conference…
  • Economic losses from blockade of Donbass estimated at 1.6% of GDP The German advisory group in Ukraine estimated the losses of the Ukrainian economy from the blockade of the movement of goods through the contact line in Donbas at 1.6% of the nation's…