Gross domestic product (GDP) in Ukraine
Ukraine: Gross domestic product (GDP) was 620.01 billion international-$ in 2021 prices in 2023. ▲ Rising
Gross domestic product (GDP) in Ukraine, 1990–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Ukraine stood at 620.01 billion international-$ in 2021 prices.
Compared with earlier readings it is up 7.8% on the previous year and up 0.0% over ten years.
Over the whole period, gross domestic product (gdp) in Ukraine peaked at 708.70 billion international-$ in 2021 prices in 2021 and was at its lowest, 271.35 billion international-$ in 2021 prices, in 2000.
Ukraine ranks 42nd of 184 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Gross domestic product (GDP) in Ukraine, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1990 | 688.21 billion international-$ in 2021 prices | — |
| 1991 | 638.94 billion international-$ in 2021 prices | -7.2% |
| 1992 | 586.85 billion international-$ in 2021 prices | -8.2% |
| 1993 | 470.99 billion international-$ in 2021 prices | -19.7% |
| 1994 | 385.25 billion international-$ in 2021 prices | -18.2% |
| 1995 | 338.74 billion international-$ in 2021 prices | -12.1% |
| 1996 | 326.48 billion international-$ in 2021 prices | -3.6% |
| 1997 | 295.38 billion international-$ in 2021 prices | -9.5% |
| 1998 | 281.23 billion international-$ in 2021 prices | -4.8% |
| 1999 | 272.44 billion international-$ in 2021 prices | -3.1% |
| 2000 | 271.35 billion international-$ in 2021 prices | -0.4% |
| 2001 | 288.14 billion international-$ in 2021 prices | +6.2% |
| 2002 | 302.14 billion international-$ in 2021 prices | +4.9% |
| 2003 | 336.28 billion international-$ in 2021 prices | +11.3% |
| 2004 | 370.04 billion international-$ in 2021 prices | +10.0% |
| 2005 | 428.68 billion international-$ in 2021 prices | +15.8% |
| 2006 | 475.07 billion international-$ in 2021 prices | +10.8% |
| 2007 | 538.61 billion international-$ in 2021 prices | +13.4% |
| 2008 | 578.86 billion international-$ in 2021 prices | +7.5% |
| 2009 | 484.73 billion international-$ in 2021 prices | -16.3% |
| 2010 | 499.83 billion international-$ in 2021 prices | +3.1% |
| 2011 | 556.19 billion international-$ in 2021 prices | +11.3% |
| 2012 | 579.81 billion international-$ in 2021 prices | +4.2% |
| 2013 | 619.75 billion international-$ in 2021 prices | +6.9% |
| 2014 | 563.31 billion international-$ in 2021 prices | -9.1% |
| 2015 | 536.13 billion international-$ in 2021 prices | -4.8% |
| 2016 | 571.97 billion international-$ in 2021 prices | +6.7% |
| 2017 | 579.53 billion international-$ in 2021 prices | +1.3% |
| 2018 | 596.65 billion international-$ in 2021 prices | +3.0% |
| 2019 | 643.26 billion international-$ in 2021 prices | +7.8% |
| 2020 | 658.54 billion international-$ in 2021 prices | +2.4% |
| 2021 | 708.70 billion international-$ in 2021 prices | +7.6% |
| 2022 | 575.15 billion international-$ in 2021 prices | -18.8% |
| 2023 | 620.01 billion international-$ in 2021 prices | +7.8% |
Ukraine compared with similar countries
- Ukraine's 620.01 billion international-$ in 2021 prices is above the median for upper middle income countries, which is 148.60 billion international-$ in 2021 prices, 4.2× the median. (51 countries reporting)
- Ukraine's 620.01 billion international-$ in 2021 prices is above the median for Europe & Central Asia, which is 314.74 billion international-$ in 2021 prices, 2.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 428.45 billion international-$ in 2021 prices | 272.44 billion international-$ in 2021 prices | 688.21 billion international-$ in 2021 prices | 10 |
| 2000s | 407.39 billion international-$ in 2021 prices | 271.35 billion international-$ in 2021 prices | 578.86 billion international-$ in 2021 prices | 10 |
| 2010s | 574.64 billion international-$ in 2021 prices | 499.83 billion international-$ in 2021 prices | 643.26 billion international-$ in 2021 prices | 10 |
| 2020s | 640.60 billion international-$ in 2021 prices | 575.15 billion international-$ in 2021 prices | 708.70 billion international-$ in 2021 prices | 4 |
Countries ranked near Ukraine
- 39 Algeria 673.07 billion international-$ in 2021 prices compare
- 40 Romania 661.59 billion international-$ in 2021 prices compare
- 41 Sweden 628.73 billion international-$ in 2021 prices compare
- 43 Iraq 618.05 billion international-$ in 2021 prices compare
- 44 Singapore 596.79 billion international-$ in 2021 prices compare
- 45 Austria 573.87 billion international-$ in 2021 prices compare
More economy & growth data for Ukraine
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 305.00 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0016 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 8.06 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -12.12 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0211 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 106.13 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 30.81 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Ukraine?
- Gross domestic product (gdp) in Ukraine was 620.01 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Ukraine?
- The highest recorded value was 708.70 billion international-$ in 2021 prices in 2021.
- What is the lowest gross domestic product (gdp) recorded in Ukraine?
- The lowest recorded value was 271.35 billion international-$ in 2021 prices in 2000.
- How does Ukraine rank for gross domestic product (gdp)?
- Ukraine ranks 42nd out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Ukraine?
- Over the last ten years it is up 0.0%. The long-run trend across the full record is rising.
- Where does this Ukraine data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.