Dynamics of changes in population of Ukraine from 1991 to 2019
Ukraine’s real GDP in 2019 would accelerate to 3.7% from 3.3% last year thanks to high demand of households linked to record-hit high consumer confidence since 2008, growth of wages and boom in consumer lending, the ICU investment group has said.
The contribution of net exports to real GDP growth for the first time since the end of 2015 has become positive, despite the hryvnia revaluation trend, the National Bank of Ukraine (NBU) commented on changes in real GDP in the third quarter of 2019.
The growth of gross domestic product (GDP) in Ukraine in July-September 2019 was 4.1% year-over-year, whereas the pace of growth in the second quarter was higher (4.6%) and that in the first quarter was lower (2.5%).
Real wages in Ukraine on November 2019 increased by 10.8% compared with November 2018, while compared with October 2019 they decreased by 0.5%, the State Statistics Service has said.
The deficit of Ukraine’s foreign trade in goods in January-October 2019 increased by 5.75% compared to the same period in 2018 (also $8.003 billion in deficit), to $8.463 billion, the State Statistics Service reported .
The share of electricity imported to Ukraine in July-November 2019 amounted to 2.2 million MWh, or 3.5% of the total electricity supplied to the power grid (62.143 million MWh), according to a posting on the website of the transmission system operator Ukrenergo on December 28.
Consumer prices in Ukraine in November 2019 increased by 0.1% compared to 0.7% in the previous month and 1.4% in November 2018, the State Statistics Service of Ukraine has reported.
The National Bank of Ukraine (NBU) is introducing a report on concentration of risks in bank groups and on substantial intragroup transactions, which are to be submitted by authorized persons of the bank groups to the regulator starting from statements for the fourth quarter of 2020, the central bank reported on its website.
Overfulfillment of the national budget in 2020 will create preconditions for lowering personal income tax, Finance Minister Oksana Markarova has said.
Four out of 10 members of the NBU Monetary Policy Committee (MPC) have advocated cutting the key policy rate by a more radical 2 percentage points (pp), to 13.5% instead of the 1.5 pp cut, according to the results of a meeting of the NBU MPC held on December 11.
The total state (direct) and state-guaranteed debt of Ukraine in November 2019 increased 1.2%, or by $0.99 billion, to $82.82 billion, according to data on Finance Ministry’s website.
The surplus of Ukraine’s balance of payment in November 2019 was $601 million, which is 50% less than in November 2018 ($1.32 billion), according to tentative data from the National Bank of Ukraine (NBU).
Industrial production in Ukraine in November 2019 decreased by 7.5% compared to November 2018 after a decrease of 5% in October and 1.1% in September, the State Statistics Service has reported.
Industrial prices in Ukraine in November 2019 decreased by 3%, after falling by 1.2% in October and 1.5% in September, the State Statistics Service has reported.
NJSC Naftogaz Ukrainy from January 1, 2020 will offer a service of selling natural gas with 25% advance payment, Head of Naftogaz integrated gas business unit Andriy Favorov has said.
Gas Transmission System Operator of Ukraine (GTSOU), which replaced Ukrtransgaz as the operator of the Ukrainian gas transmission system on January 1, 2020, has reported continuation of Russian gas transit under the new agreement reached between Russia’s Gazprom and NJSC Naftogaz Ukrainy in furtherance of the previous ten-year contract.
The transport enterprises of Ukraine in January-November 2019 increased cargo transportation by 8.5% compared to the same period in 2018, to 619.8 million tonnes, according to the State Statistics Service. Ukraine’s transport enterprises in January-November 2019 carried 3.9 billion people, which was 5.6% less than in the same period in 2018, the State Statistics Service has reported.
The volume of construction work in Ukraine in November 2019 increased by 18.9% compared to November 2018, while in October 2019 compared to October 2018 this figure rose by 14.9%.
Retail trade in comparable prices (both by legal entities and individual entrepreneurs) in Ukraine in January-November 2019 grew by 10.4% year-over-year, the country’s State Statistics Service said on Friday.
Consumer confidence of Ukrainians in November 2019 continued worsening and decreased by 4.2 points compared with October, reaching 91.7 (the values of indices can vary from 0 to 200), while a year ago the figure was 59.8, according to a study of Info Sapiens posted on its website.
Ukraine since the beginning of the 2019/2020 marketing year (MY, July-June) and as of December 23, 2019 hadexported 29.35 million tonnes of grain and leguminous plants, which is 35% more than on the same date of the previous MY.
Ukrainian population by regions as of November 1, 2019 (graphically)
Ukraine in 2019 reduced consumption of natural gas (excluding in-process losses) by 7% compared to 2018, to 26.4 billion cubic meters.
According to JSC Ukrtransgaz, the use of natural gas for in-process losses by the companies of the Naftogaz group (excluding the volumes of gas distribution network operators, private production companies, etc.) amounted to 3.4 billion cubic meters last year, which is 8% less than in 2018.
The seaports of Ukraine in 2019 handled 1.003 million TEU containers, which is 18% more than in 2018.
The press service of the Ukrainian Sea Ports Authority said that the transshipment of containerized cargo in Ukraine is several times higher than the world’s average figure in the container shipping market.
“Now four private container terminals are successfully operating in Ukrainian ports, which are planning to develop their capacities in 2020. Corresponding memorandums and agreements were signed between the agency and the subsidiary of the German company HHLA, Container Terminal Odesa, as well as the world’s third largest container line СMA CGM together with the Ukrainian company Brooklyn-Kyiv,” head of the Ukrainian Sea Ports Authority Raivis Veckagans said.
According to him, this gives reason to count on the further development of container transportation, especially due to the transit of containers and the inclusion of Ukraine in the routes of the Chinese Silk Road and the transport corridor Europe-Caucasus-Asia (TRASECA), the first cargoes on which were delivered in 2019.
According to the agency, the export and import of containers in 2019 was distributed almost evenly with a slight advantage of imports – 48.6% and 46.8% respectively. At the same time, positive export dynamics is ensured by increasing the containerization of food and light industry products (processing of agricultural raw materials, including flour, wheat, peas; textile products). The strengthening of the hryvnia traditionally influences the growth of containerized cargo imports, which makes deliveries from abroad of food, machinery and electronics, construction materials and other goods more attractive.
Container cargo transit increased by 42% compared to 2018 and amounted to 46,400 TEU.
