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After four years of growth, the overall GDP rate declined by 4% in 2020 to $151 billion,

Wednesday, March 24, 2021

according to the State Statistics Service. In 2019, Ukraine’s GDP grew by 3.2%; in 2018 by 3.4%; in 2017 2.5%; in 2016 2.5%, after a massive 9.8 % decline in 2015 and 6.6% decline in 2014.

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Officials project 4.6% growth in 2021

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Wednesday, March 24
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According to the Deputy Chief of NBU, Dmitry Sologub, failure to secure IMF funds this year will increase inflation and devalue the hryvnia.

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Straight, factual, timely and investable business news and economic trends from Ukraine, Europe’s next Frontier Economy.

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