Business news from Ukraine

Business news from Ukraine

UKRAINE’S GDP GREW 3.4% IN 2021AFTER FALLING 3.8% IN 2020

14 March , 2022  

Ukraine’s GDP grew 3.4% in 2021 after falling 3.8% in 2020, the State Statistics Service said.
Nominal GDP was UAH 5.46 trillion and per capita GDP was UAH 131,940.
GDP was $200.09 billion at an average exchange rate of UAH 27.29/$1, and per capita GDP was $4,840.
The Q4 2021 GDP growth estimate was raised to 6.1% from the 5.9% given at the start of February.
The Statistics Service raised its Q2 and Q3 2021 estimates for the second time, to 6% from 5.7% and to 2.8% from 2.7%, respectively, the initial estimates being 5.4% and 2.4%. GDP fell 2.2% in Q1 2021.