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. 2014-04-17

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 31.30 194.33 2013-12-31 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 2078.02 2013-12-31 USD [+]
GDP per capita PPP 6393.72 2012-12-31 6365.21 8628.64 3429.97 6344.52 2013-12-31 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 Retail Sales MoM at 6.60 percent  
Retail Sales in Ukraine increased 6.60 percent in March of 2014 over the previous month. Retail Sales Mom in Ukraine is reported by the State Statistics Service Of Ukraine.
Ukraine Retail Sales YoY at 0.50 percent  
Retail Sales in Ukraine increased 0.50 percent in March of 2014 over the same month in the previous year. Retail Sales Yoy in Ukraine is reported by the State Statistics Service Of Ukraine.
Ukraine Interest Rate at 9.50 Percent  
The benchmark interest rate in Ukraine was last recorded at 9.50 percent. Interest Rate in Ukraine is reported by the National Bank of Ukraine.
Ukraine Imports at 4837.90 USD Million  
Imports in Ukraine increased to 4837.90 USD Million in February of 2014 from 4531.40 USD Million in January of 2014. Imports in Ukraine is reported by the State Statistics Service of Ukraine.
Ukraine Exports at 4713.20 USD Million  
Exports in Ukraine increased to 4713.20 USD Million in February of 2014 from 4388.60 USD Million in January of 2014. Exports in Ukraine is reported by the State Statistics Service of Ukraine.
Ukraine Balance of Trade at -124.60 USD Million  
Ukraine recorded a trade deficit of 124.60 USD Million in February of 2014. Balance of Trade in Ukraine is reported by the State Statistics Service of Ukraine.
Ukraine Money Supply M3 at 943200.00 UAH Million  
Money Supply M3 in Ukraine increased to 943200 UAH Million in March of 2014 from 933500 UAH Million in February of 2014. Money Supply M3 in Ukraine is reported by the National Bank of Ukraine.
Ukraine Unemployed Persons at 536.30 Thousand  
The number of unemployed persons in Ukraine increased to 536.30 Thousand in February of 2014 from 525.10 Thousand in January of 2014. Unemployed Persons in Ukraine is reported by the State Statistics Service of Ukraine.
Ukraine Average Monthly Wages at 3189.00 UAH  
Wages in Ukraine increased to 3189 UAH in February of 2014 from 3148 UAH in January of 2014. Wages in Ukraine is reported by the National Bank of Ukraine.
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.
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