GDP (constant LCU) (UNICEF) in Ukraine
Ukraine: GDP (constant LCU) (UNICEF) was 2.01 trillion in 2024. ▼ Falling
Latest (2024)
2.01 trillion
Change on year
up 2.9%
World rank
24th
of 74 countries
All-time high
4.41 trillion
in 1989
All-time low
1.69 trillion
in 1999
Years of data
38
1987–2024
GDP in Ukraine, 1987–2024
Source: UNICEF.
Analysis
In 2024, gdp in Ukraine stood at 2.01 trillion.
Compared with earlier readings it is up 2.9% on the previous year and down 22.2% over ten years.
Over the whole period, gdp in Ukraine peaked at 4.41 trillion in 1989 and was at its lowest, 1.69 trillion, in 1999.
That places Ukraine 24th out of 74 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 38 years of available data.
GDP (constant LCU) (UNICEF) in Ukraine, year by year
| Year | Value | Change |
|---|---|---|
| 1987 | 4.14 trillion | — |
| 1988 | 4.25 trillion | +2.6% |
| 1989 | 4.41 trillion | +3.9% |
| 1990 | 4.13 trillion | -6.3% |
| 1991 | 3.77 trillion | -8.7% |
| 1992 | 3.40 trillion | -9.9% |
| 1993 | 2.92 trillion | -14.2% |
| 1994 | 2.25 trillion | -22.9% |
| 1995 | 1.97 trillion | -12.2% |
| 1996 | 1.78 trillion | -10.0% |
| 1997 | 1.72 trillion | -3.0% |
| 1998 | 1.69 trillion | -1.9% |
| 1999 | 1.69 trillion | -0.2% |
| 2000 | 1.79 trillion | +5.9% |
| 2001 | 1.94 trillion | +8.8% |
| 2002 | 2.05 trillion | +5.3% |
| 2003 | 2.24 trillion | +9.5% |
| 2004 | 2.51 trillion | +11.8% |
| 2005 | 2.58 trillion | +3.1% |
| 2006 | 2.78 trillion | +7.6% |
| 2007 | 3.01 trillion | +8.2% |
| 2008 | 3.08 trillion | +2.2% |
| 2009 | 2.61 trillion | -15.1% |
| 2010 | 2.72 trillion | +4.1% |
| 2011 | 2.86 trillion | +5.4% |
| 2012 | 2.87 trillion | +0.2% |
| 2013 | 2.87 trillion | +0.0% |
| 2014 | 2.58 trillion | -10.1% |
| 2015 | 2.33 trillion | -9.8% |
| 2016 | 2.39 trillion | +2.4% |
| 2017 | 2.44 trillion | +2.4% |
| 2018 | 2.53 trillion | +3.5% |
| 2019 | 2.61 trillion | +3.2% |
| 2020 | 2.51 trillion | -3.8% |
| 2021 | 2.60 trillion | +3.4% |
| 2022 | 1.85 trillion | -28.8% |
| 2023 | 1.95 trillion | +5.5% |
| 2024 | 2.01 trillion | +2.9% |
Ukraine compared with similar countries
- Ukraine's 2.01 trillion is above the median for upper middle income countries, which is 508.57 billion, 4.0× the median. (19 countries reporting)
- Ukraine's 2.01 trillion is above the median for Europe & Central Asia, which is 490.93 billion, 4.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.27 trillion | 4.14 trillion | 4.41 trillion | 3 |
| 1990s | 2.53 trillion | 1.69 trillion | 4.13 trillion | 10 |
| 2000s | 2.46 trillion | 1.79 trillion | 3.08 trillion | 10 |
| 2010s | 2.62 trillion | 2.33 trillion | 2.87 trillion | 10 |
| 2020s | 2.18 trillion | 1.85 trillion | 2.60 trillion | 5 |
Countries ranked near Ukraine
More economy & growth data for Ukraine
- Real gdp growth, annual growth rate -41.32 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.2 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -98.66 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.3789 units per person (2025)
- SDRs holdings, SDR, annual growth rate -98.73 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2767 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -3.39 % change on previous year (2025)
Frequently asked questions
- What is gdp in Ukraine?
- Gdp in Ukraine was 2.01 trillion in 2024, according to UNICEF.
- What is the highest gdp recorded in Ukraine?
- The highest recorded value was 4.41 trillion in 1989.
- What is the lowest gdp recorded in Ukraine?
- The lowest recorded value was 1.69 trillion in 1999.
- How does Ukraine rank for gdp?
- Ukraine ranks 24th out of 74 countries with data for 2024.
- Is gdp rising or falling in Ukraine?
- Over the last ten years it is down 22.2%. The long-run trend across the full record is falling.
- Where does this Ukraine data come from?
- The figures come from UNICEF, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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