Ukraine GDP Growth Rate

The Gross Domestic Product (GDP) in Ukraine contracted 0.30 percent in the third quarter of 2013 over the previous quarter. GDP Growth Rate in Ukraine is reported by the State Statistics Service Of Ukraine. From 2010 until 2013, Ukraine GDP Growth Rate averaged 0.6 Percent reaching an all time high of 3.9 Percent in June of 2010 and a record low of -1.5 Percent in September of 2012. 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. This page provides - Ukraine GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.40 -0.30 3.90 -1.50 1.82 | 2014/03 2010 - 2013 Percent Quarterly

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Ukraine GDP Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-09-10 01:00 PM Ukraine
GDP Growth Rate QoQ
Q2 2013 -0.5% 0.6% -1%
2013-12-10 12:00 PM Ukraine
GDP Growth Rate QoQ
Q3 2013 -0.3% -0.5% 1.58%
2014-01-30 02:00 PM Ukraine
GDP Growth Rate QoQ Prel
Q4 2013 2.4% -0.3% -0.69%
2014-03-12 03:00 PM Ukraine
GDP Growth Rate QoQ
Q4 2013 2.4% -0.30% 2.4% 2.4%
2014-06-10 03:00 PM Ukraine
GDP Growth Rate QoQ
Q1 2014 2.4% 1.82%
2014-09-10 03:00 PM Ukraine
GDP Growth Rate QoQ
Q2 2014 2.46%
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GDP Last Previous Highest Lowest Forecast Unit
GDP 176.00 2012-12-31 163.00 180.40 31.30 204.88 2014-06-30 USD Billion [+]
GDP Constant Prices 186009.00 2013-11-15 189185.00 208851.00 96169.00 172840.89 2014-03-31 UAH Million [+]
GDP Growth Rate 2.40 2013-12-31 -0.30 3.90 -1.50 1.82 2014-03-31 Percent [+]
GDP Annual Growth Rate 3.30 2013-12-31 -1.20 14.30 -19.60 -1.84 2014-03-31 Percent [+]
Gross Fixed Capital Formation 33595.00 2013-11-15 26637.00 58970.00 14356.00 25659.50 2014-03-31 UAH Million [+]
GDP per capita 2094.12 2012-12-31 2084.78 2826.12 1123.41 2161.61 2014-06-30 USD [+]
GDP per capita PPP 6393.72 2012-12-31 6365.21 8628.64 3429.97 6599.78 2014-06-30 USD [+]
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GDP Growth Rate | Notes
The GDP Growth Rate shows a percentage change in the seasonally adjusted GDP value in the certain quarter, compared to the previous quarter. Because of climatic conditions and holidays, the intensity of the production varies throughout the year. This makes a direct comparison of two consecutive quarters difficult. In order to adjust for these conditions, many countries calculate the quarterly GDP using so called seasonally adjusted method. The Gross Domestic Product can be determined using three different approaches: the product, the income, and the expenditure technique, which should give the same result. In sum, the product technique sums the outputs of every class of enterprise. The expenditure technique works on the principle that every product must be bought by somebody, therefore the value of the total product must be equal to people's total expenditures in buying products and services. The income technique works on the principle that the incomes of the productive factors must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes.


RELATED NEWS

Ukraine Current Account to GDP at -9.20 Percent  
Ukraine recorded a Current Account deficit of 9.20 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Ukraine is reported by the World Bank.
Ukraine Bank Lending Rate at 16.00 Percent  
Bank Lending Rate in Ukraine increased to 16 percent in February of 2014 from 13.40 percent in January of 2014. Bank Lending Rate in Ukraine is reported by the National Bank of Ukraine.
Ukraine Current Account at -4942.00 USD Million  
Ukraine recorded a Current Account deficit of 4942 USD Million in the fourth quarter of 2013. Current Account in Ukraine is reported by the National Bank of Ukraine.
Ukraine Changes in Inventories at -9127.00 UAH Million  
Changes in Inventories in Ukraine decreased to -9127 UAH Million in the fourth quarter of 2013 from 9439 UAH Million in the third quarter of 2013. Changes in Inventories in Ukraine is reported by the State Statistics Service of Ukraine.
Ukraine Consumer Confidence at 67.80  
Consumer Confidence in Ukraine increased to 67.80 in March of 2014 from 64.60 in February of 2014. Consumer Confidence in Ukraine is reported by the GfK Group.
Ukraine Consumer Price Index (CPI) at 102.20 Index Points  
Consumer Price Index (CPI) in Ukraine increased to 102.20 Index Points in March of 2014 from 100.60 Index Points in February of 2014. Consumer Price Index (CPI) in Ukraine is reported by the State Statistics Service of Ukraine.
Ukraine Consumer Spending at 163432.00 UAH Million  
Consumer Spending in Ukraine increased to 163432 UAH Million in the fourth quarter of 2013 from 160145 UAH Million in the third quarter of 2013. Consumer Spending in Ukraine is reported by the State Statistics Service of Ukraine.
Ukraine Core Consumer Prices at 102.10 Index Points  
Core Consumer Prices in Ukraine increased to 102.10 Index Points in March of 2014 from 99.80 Index Points in February of 2014. Core Consumer Prices in Ukraine is reported by the State Statistics Service of Ukraine.
Ukraine GDP Constant Prices at 186009.00 UAH Million  
GDP Constant Prices in Ukraine decreased to 186009 UAH Million in the fourth quarter of 2013 from 189185 UAH Million in the third quarter of 2013. GDP Constant Prices in Ukraine is reported by the State Statistics Service Of Ukraine.
Ukraine Government Spending at 36158.00 UAH Million  
Government Spending in Ukraine increased to 36158 UAH Million in the fourth quarter of 2013 from 29088 UAH Million in the third quarter of 2013. Government Spending in Ukraine is reported by the State Statistics Service of Ukraine.
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