Inflation, GDP deflator in Ukraine
Ukraine: Inflation, GDP deflator was 14.5% in 2025. ◆ Volatile
Inflation, GDP deflator in Ukraine, 1988–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in Ukraine is 14.5%, measured in 2025.
The figure is up 20.9% on the previous year and down 62.8% over ten years.
Over the whole period, inflation, gdp deflator in Ukraine peaked at 3,333.6% in 1993 and was at its lowest, 1.7%, in 1988.
Ukraine ranks 20th of 212 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Ukraine, year by year
| Year | annual % | Change |
|---|---|---|
| 1988 | 1.7% | — |
| 1989 | 3.8% | +123.9% |
| 1990 | 16.2% | +322.4% |
| 1991 | 96.1% | +491.4% |
| 1992 | 1,768.2% | +1739.9% |
| 1993 | 3,333.6% | +88.5% |
| 1994 | 953.0% | -71.4% |
| 1995 | 415.8% | -56.4% |
| 1996 | 66.1% | -84.1% |
| 1997 | 18.1% | -72.7% |
| 1998 | 12.0% | -33.5% |
| 1999 | 27.4% | +128.1% |
| 2000 | 27.5% | +0.4% |
| 2001 | 10.2% | -62.9% |
| 2002 | 5.3% | -48.5% |
| 2003 | 8.2% | +55.4% |
| 2004 | 15.3% | +87.5% |
| 2005 | 24.1% | +57.4% |
| 2006 | 14.9% | -38.4% |
| 2007 | 22.8% | +53.8% |
| 2008 | 29.0% | +27.0% |
| 2009 | 12.6% | -56.5% |
| 2010 | 13.7% | +8.3% |
| 2011 | 14.2% | +3.7% |
| 2012 | 8.0% | -43.7% |
| 2013 | 4.3% | -46.0% |
| 2014 | 15.9% | +269.1% |
| 2015 | 38.9% | +144.5% |
| 2016 | 17.1% | -56.0% |
| 2017 | 22.1% | +29.3% |
| 2018 | 15.4% | -30.3% |
| 2019 | 8.2% | -46.4% |
| 2020 | 10.3% | +24.8% |
| 2021 | 24.8% | +140.9% |
| 2022 | 34.9% | +40.8% |
| 2023 | 19.9% | -43.1% |
| 2024 | 12.0% | -39.8% |
| 2025 | 14.5% | +20.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.8% | 1.7% | 3.8% | 2 |
| 1990s | 670.7% | 12.0% | 3,333.6% | 10 |
| 2000s | 17.0% | 5.3% | 29.0% | 10 |
| 2010s | 15.8% | 4.3% | 38.9% | 10 |
| 2020s | 19.4% | 10.3% | 34.9% | 6 |
Countries ranked near Ukraine
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)
- GDP (constant 2015 US$), annual growth rate 1.82 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.3745 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,058 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.82 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 9.58 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 52,645 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -474.33 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP -0.0573 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is inflation, gdp deflator in Ukraine?
- Inflation, gdp deflator in Ukraine was 14.5% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Ukraine?
- The highest recorded value was 3,333.6% in 1993.
- What is the lowest inflation, gdp deflator recorded in Ukraine?
- The lowest recorded value was 1.7% in 1988.
- How does Ukraine rank for inflation, gdp deflator?
- Ukraine ranks 20th out of 212 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Ukraine?
- Over the last ten years it is down 62.8%. The long-run trend across the full record is volatile.
- Where does this Ukraine data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.