GDP growth in Ukraine

Ukraine: GDP growth was 2.91 in 2024. ◆ Volatile

Latest (2024)
2.91
Change on year
down 47.4%
World rank
32nd
of 74 countries
All-time high
11.8
in 2004
All-time low
-28.76
in 2022
Years of data
37
1988–2024

GDP growth in Ukraine, 1988–2024

-30-20-100101988200620241988: 2.61989: 3.91990: -6.31991: -8.71992: -9.91993: -14.21994: -22.91995: -12.21996: -101997: -31998: -1.91999: -0.22000: 5.92001: 8.82002: 5.32003: 9.52004: 11.82005: 3.12006: 7.62007: 8.22008: 2.22009: -15.12010: 4.12011: 5.42012: 0.1522013: 0.0452014: -10.12015: -9.82016: 2.42017: 2.42018: 3.52019: 3.22020: -3.82021: 3.42022: -28.82023: 5.52024: 2.9

Source: UNICEF.

Analysis

Ukraine recorded 2.91 for gdp growth in 2024.

That represents a change of down 47.4% on the previous year and up 128.9% over ten years.

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

Ukraine ranks 32nd of 74 countries on this measure, in the middle of the range.

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

GDP growth in Ukraine, year by year

Annual values for GDP growth (annual %) in Ukraine, 1988 to 2024.
Year Value Change
1988 2.57
1989 3.87 +50.9%
1990 -6.35 -263.8%
1991 -8.7 +37.1%
1992 -9.9 +13.8%
1993 -14.2 +43.4%
1994 -22.9 +61.3%
1995 -12.2 -46.7%
1996 -10 -18.0%
1997 -3 -70.0%
1998 -1.9 -36.7%
1999 -0.2 -89.5%
2000 5.9 -3050.0%
2001 8.8 +49.2%
2002 5.34 -39.3%
2003 9.52 +78.2%
2004 11.8 +23.9%
2005 3.07 -74.0%
2006 7.57 +146.5%
2007 8.22 +8.5%
2008 2.24 -72.7%
2009 -15.14 -774.7%
2010 4.09 -127.0%
2011 5.45 +33.1%
2012 0.1523 -97.2%
2013 0.0454 -70.2%
2014 -10.08 -22281.1%
2015 -9.77 -3.0%
2016 2.44 -125.0%
2017 2.36 -3.3%
2018 3.49 +47.8%
2019 3.2 -8.3%
2020 -3.75 -217.3%
2021 3.45 -191.8%
2022 -28.76 -934.6%
2023 5.53 -119.2%
2024 2.91 -47.4%

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.22 2.57 3.87 2
1990s -8.93 -22.9 -0.2 10
2000s 4.73 -15.14 11.8 10
2010s 0.1372 -10.08 5.45 10
2020s -4.12 -28.76 5.53 5

Countries ranked near Ukraine

  1. 29 Poland 3.03 compare
  2. 30 North Macedonia 2.99 compare
  3. 31 Bosnia and Herzegovina 2.97 compare
  4. 33 Lithuania 2.77 compare
  5. 34 Bahrain 2.6 compare
  6. 35 Ireland 2.6 compare

See the full ranking of 74 places →

More economy & growth data for Ukraine

All data for Ukraine →

Frequently asked questions

What is gdp growth in Ukraine?
Gdp growth in Ukraine was 2.91 in 2024, according to UNICEF.
What is the highest gdp growth recorded in Ukraine?
The highest recorded value was 11.8 in 2004.
What is the lowest gdp growth recorded in Ukraine?
The lowest recorded value was -28.76 in 2022.
How does Ukraine rank for gdp growth?
Ukraine ranks 32nd out of 74 countries with data for 2024.
Is 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 UNICEF, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Ukraine. Statizoid, drawing on UNICEF. Retrieved 24 August 2026, from https://economy.statizoid.com/stat/gdp-growth-annual-percent-4/ukraine/

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About this data

Indicator
GDP growth (annual %)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
74 places, 3,610 data points, 1961–2024
Last refreshed