Gross Domestic Product — Value US$, annual growth rate in Ukraine

Ukraine: Gross Domestic Product — Value US$, annual growth rate was 5.25 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.25 % change on previous year
Change on year
down 49.3%
World rank
123rd
of 236 countries
All-time high
32.93 % change on previous year
in 2007
All-time low
-35.38 % change on previous year
in 2009
Years of data
33
1992–2024

Gross Domestic Product — Value US$, annual growth rate in Ukraine, 1992–2024

-40-20020401992200820241992: -7.9 % change on previous year1993: -12.2 % change on previous year1994: -21.3 % change on previous year1995: -10.3 % change on previous year1996: -8.4 % change on previous year1997: 12.6 % change on previous year1998: -16.5 % change on previous year1999: -24.6 % change on previous year2000: -1 % change on previous year2001: 21.4 % change on previous year2002: 11.8 % change on previous year2003: 18.3 % change on previous year2004: 29.2 % change on previous year2005: 32.8 % change on previous year2006: 25.4 % change on previous year2007: 32.9 % change on previous year2008: 26.5 % change on previous year2009: -35.4 % change on previous year2010: 11.9 % change on previous year2011: 20 % change on previous year2012: 7.7 % change on previous year2013: 4.3 % change on previous year2014: -27.2 % change on previous year2015: -31.8 % change on previous year2016: 2.6 % change on previous year2017: 20.1 % change on previous year2018: 16.8 % change on previous year2019: 17.6 % change on previous year2020: 1.8 % change on previous year2021: 27.5 % change on previous year2022: -18.9 % change on previous year2023: 10.4 % change on previous year2024: 5.3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Ukraine recorded 5.25 % change on previous year for gross domestic product — value us$, annual growth rate in 2024.

That represents a change of down 49.3% on the previous year and up 119.3% over ten years.

Over the whole period, gross domestic product — value us$, annual growth rate in Ukraine peaked at 32.93 % change on previous year in 2007 and was at its lowest, -35.38 % change on previous year, in 2009.

That places Ukraine 123rd out of 236 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.

Gross Domestic Product — Value US$, annual growth rate in Ukraine, year by year

Annual values for Gross Domestic Product — Value US$, annual growth rate in Ukraine, 1992 to 2024.
Year % change on previous year Change
1992 -7.89 % change on previous year
1993 -12.19 % change on previous year +54.4%
1994 -21.29 % change on previous year +74.7%
1995 -10.31 % change on previous year -51.6%
1996 -8.4 % change on previous year -18.5%
1997 12.55 % change on previous year -249.5%
1998 -16.49 % change on previous year -231.4%
1999 -24.6 % change on previous year +49.2%
2000 -1.01 % change on previous year -95.9%
2001 21.42 % change on previous year -2219.5%
2002 11.82 % change on previous year -44.8%
2003 18.32 % change on previous year +55.0%
2004 29.24 % change on previous year +59.6%
2005 32.76 % change on previous year +12.0%
2006 25.38 % change on previous year -22.5%
2007 32.93 % change on previous year +29.8%
2008 26.47 % change on previous year -19.6%
2009 -35.38 % change on previous year -233.6%
2010 11.9 % change on previous year -133.6%
2011 19.96 % change on previous year +67.8%
2012 7.74 % change on previous year -61.2%
2013 4.28 % change on previous year -44.6%
2014 -27.17 % change on previous year -734.4%
2015 -31.81 % change on previous year +17.1%
2016 2.55 % change on previous year -108.0%
2017 20.07 % change on previous year +685.7%
2018 16.77 % change on previous year -16.4%
2019 17.57 % change on previous year +4.7%
2020 1.78 % change on previous year -89.9%
2021 27.55 % change on previous year +1450.1%
2022 -18.91 % change on previous year -168.6%
2023 10.35 % change on previous year -154.7%
2024 5.25 % change on previous year -49.2%

Biggest year-on-year movements

Years where Gross Domestic Product — Value US$, annual growth rate 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
2001 +2219.5% -1.01 % change on previous year 21.42 % change on previous year
2021 +1450.1% 1.78 % change on previous year 27.55 % change on previous year
2014 -734.4% 4.28 % change on previous year -27.17 % change on previous year
2017 +685.7% 2.55 % change on previous year 20.07 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s -11.08 % change on previous year -24.6 % change on previous year 12.55 % change on previous year 8
2000s 16.2 % change on previous year -35.38 % change on previous year 32.93 % change on previous year 10
2010s 4.19 % change on previous year -31.81 % change on previous year 20.07 % change on previous year 10
2020s 5.2 % change on previous year -18.91 % change on previous year 27.55 % change on previous year 5

Countries ranked near Ukraine

  1. 120 Eritrea 5.42 % change on previous year compare
  2. 121 Yemen Ar Rp 5.36 % change on previous year
  3. 122 United States 5.28 % change on previous year compare
  4. 124 Yemen Dem 5.21 % change on previous year
  5. 125 South Africa 5.14 % change on previous year compare
  6. 126 Senegal 5.12 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Ukraine

All data for Ukraine →

Frequently asked questions

What is gross domestic product — value us$, annual growth rate in Ukraine?
Gross domestic product — value us$, annual growth rate in Ukraine was 5.25 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value us$, annual growth rate recorded in Ukraine?
The highest recorded value was 32.93 % change on previous year in 2007.
What is the lowest gross domestic product — value us$, annual growth rate recorded in Ukraine?
The lowest recorded value was -35.38 % change on previous year in 2009.
How does Ukraine rank for gross domestic product — value us$, annual growth rate?
Ukraine ranks 123rd out of 236 countries with data for 2024.
Is gross domestic product — value us$, annual growth rate rising or falling in Ukraine?
Over the last ten years it is up 119.3%. The long-run trend across the full record is volatile.
Where does this Ukraine data come from?
The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, annual growth rate in Ukraine. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-annual-growth-rate/ukraine/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Domestic Product — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,305 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.