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||2000 - 2015
Ukraine has a lot of coal mining, as well as ageing heavy industry including shipbuilding, steel and arms. However, because many industries are so energy-inefficient, they are highly dependent on imports of gas, which have been heavily subsidized. The economy remains in poor condition due to underdeveloped infrastructure, corruption, bureaucracy and political turmoil. According to the Ukrainian Economic Development and Trade Ministry, the shadow economy was equivalent to 47 percent of Ukraine's economic output in the first quarter of 2015. 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, 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. This page provides - Ukraine GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Ukraine GDP Annual Growth Rate - was last refreshed on Wednesday, November 25, 2015.