Please Paste this Code in your Website
||2010 - 2015
Ukraine is a middle-income country located in Eastern Europe. The nation possesses rich farmlands (wheat, rye, flax, corn, barley, sugar beets, sunflowers and potatoes are the major crops), vast mineral resources (iron, manganese, coal, anthracite, aluminum, mercury, nickel, natural gas, oil, zinc, titanium and bauxite), a well-developed industrial base (steel, tractors, machinery, building materials, chemicals, fertilizers are major products) and highly trained labor. Yet, the economy remains in poor condition due to underdeveloped infrastructure, corruption, bureaucracy and political turmoil. On the production side, services are the biggest sector of the economy and account for nearly 68 percent of total GDP, of which domestic trade accounts for 14 percent of GDP and accommodation and food service for 13 percent; industry accounts for 22 percent of GDP, of which manufacturing accounts for 11 percent; and agriculture contributes with the remaining 10 percent. On the expenditure side, household consumption is the main component of GDP and accounts for 71 percent of its total use, followed by government expenditure (19 percent) and gross fixed capital formation (14 percent). While, net external demand accounts for -4 percent of total GDP, as the country is highly dependent on imports of natural gas. This page provides - Ukraine GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Ukraine GDP Growth Rate - was last refreshed on Wednesday, October 7, 2015.