Annual gdp growth in Ukraine

Ukraine: Annual gdp growth was 2.91 in 2024. ◆ Volatile

Latest (2024)
2.91
Change on year
down 47.4%
World rank
118th
of 212 countries
All-time high
11.8
in 2004
All-time low
-28.76
in 2022
Years of data
25
2000–2024

Annual gdp growth in Ukraine, 2000–2024

-30-20-100102000201220242000: 5.92001: 8.82002: 5.32003: 9.52004: 11.82005: 3.12006: 7.62007: 8.22008: 2.22009: -15.12010: 4.12011: 5.52012: 0.152013: 0.052014: -10.12015: -9.82016: 2.42017: 2.42018: 3.52019: 3.22020: -3.82021: 3.52022: -28.82023: 5.52024: 2.9

Source: Our World in Data.

Analysis

In 2024, annual gdp growth in Ukraine stood at 2.91.

Compared with earlier readings it is down 47.4% on the previous year and up 128.9% over ten years.

Over the whole period, annual gdp growth in Ukraine peaked at 11.8 in 2004 and was at its lowest, -28.76, in 2022.

That places Ukraine 118th out of 212 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Annual gdp growth in Ukraine, year by year

Annual values for Annual gdp growth in Ukraine, 2000 to 2024.
Year Value Change
2000 5.9 —
2001 8.8 +49.2%
2002 5.34 -39.3%
2003 9.52 +78.3%
2004 11.8 +23.9%
2005 3.07 -74.0%
2006 7.57 +146.6%
2007 8.22 +8.6%
2008 2.24 -72.7%
2009 -15.14 -775.9%
2010 4.09 -127.0%
2011 5.45 +33.3%
2012 0.15 -97.2%
2013 0.05 -66.7%
2014 -10.08 -20260.0%
2015 -9.77 -3.1%
2016 2.44 -125.0%
2017 2.36 -3.3%
2018 3.49 +47.9%
2019 3.2 -8.3%
2020 -3.75 -217.2%
2021 3.45 -192.0%
2022 -28.76 -933.6%
2023 5.53 -119.2%
2024 2.91 -47.4%

Ukraine compared with similar countries

  • Ukraine's 2.91 is below the median for upper middle income countries, which is 3.5, 83% of the median. (58 countries reporting)
  • Ukraine's 2.91 is above the median for Europe & Central Asia, which is 2.14, 1.4× the median. (55 countries reporting)

Biggest year-on-year movements

Years where Annual gdp growth in Ukraine changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2014 -20260.0% 0.05 -10.08
2022 -933.6% 3.45 -28.76
2009 -775.9% 2.24 -15.14

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.73 -15.14 11.8 10
2010s 0.138 -10.08 5.45 10
2020s -4.12 -28.76 5.53 5

Countries ranked near Ukraine

  1. 115 North Macedonia 2.99 compare
  2. 116 Bosnia and Herzegovina 2.97 compare
  3. 116 Eswatini 2.97 compare
  4. 119 Lesotho 2.85 compare
  5. 120 Tonga 2.79 compare
  6. 120 United States 2.79 compare

See the full ranking of 212 places →

More economy & growth data for Ukraine

All data for Ukraine →

Frequently asked questions

What is annual gdp growth in Ukraine?
Annual gdp growth in Ukraine was 2.91 in 2024, according to Our World in Data.
What is the highest annual gdp growth recorded in Ukraine?
The highest recorded value was 11.8 in 2004.
What is the lowest annual gdp growth recorded in Ukraine?
The lowest recorded value was -28.76 in 2022.
How does Ukraine rank for annual gdp growth?
Ukraine ranks 118th out of 212 countries with data for 2024.
Is annual gdp growth rising or falling in Ukraine?
Over the last ten years it is up 128.9%. The long-run trend across the full record is volatile.
Where does this Ukraine data come from?
The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.

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Annual gdp growth in Ukraine. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/annual-gdp-growth/ukraine/

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About this data

Indicator
Annual gdp growth
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
212 places, 5,130 data points, 2000–2024
Last refreshed