Real gdp growth in Ukraine
Ukraine: Real gdp growth was 3.25 in 2024. ◆ Volatile
Real gdp growth in Ukraine, 1992–2024
Source: Our World in Data.
Analysis
The most recent figure for real gdp growth in Ukraine is 3.25, measured in 2024.
That represents a change of down 41.3% on the previous year and up 132.6% over ten years.
Over the whole period, real gdp growth in Ukraine peaked at 11.79 in 2004 and was at its lowest, -28.76, in 2022.
Ukraine ranks 109th of 196 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.
Real gdp growth in Ukraine, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | -9.9 | — |
| 1993 | -14.23 | +43.7% |
| 1994 | -22.93 | +61.2% |
| 1995 | -12.15 | -47.0% |
| 1996 | -10.04 | -17.3% |
| 1997 | -2.99 | -70.3% |
| 1998 | -1.94 | -34.9% |
| 1999 | -0.161 | -91.7% |
| 2000 | 5.89 | -3759.0% |
| 2001 | 8.83 | +49.9% |
| 2002 | 5.34 | -39.5% |
| 2003 | 9.52 | +78.2% |
| 2004 | 11.79 | +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 | -774.8% |
| 2010 | 4.09 | -127.0% |
| 2011 | 5.45 | +33.1% |
| 2012 | 0.152 | -97.2% |
| 2013 | 0.045 | -70.4% |
| 2014 | -9.96 | -22237.8% |
| 2015 | -9.77 | -1.9% |
| 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 | 5.54 | -119.2% |
| 2024 | 3.25 | -41.3% |
Ukraine compared with similar countries
- Ukraine's 3.25 is below the median for upper middle income countries, which is 3.49, 93% of the median. (57 countries reporting)
- Ukraine's 3.25 is above the median for Europe & Central Asia, which is 2.55, 1.3× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth 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.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | -22237.8% | 0.045 | -9.96 |
| 2000 | +3759.0% | -0.161 | 5.89 |
| 2022 | -934.6% | 3.45 | -28.76 |
| 2009 | -774.8% | 2.24 | -15.14 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -9.29 | -22.93 | -0.161 | 8 |
| 2000s | 4.73 | -15.14 | 11.79 | 10 |
| 2010s | 0.1488 | -9.96 | 5.45 | 10 |
| 2020s | -4.06 | -28.76 | 5.54 | 5 |
Countries ranked near Ukraine
- 106 Seychelles 3.35 compare
- 107 Comoros, Union of the 3.34 compare
- 108 Uruguay 3.33 compare
- 110 Bosnia and Herzegovina 3.23 compare
- 110 Puerto Rico 3.23 compare
- 112 Croatia, Republic of 3.15 compare
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 real gdp growth in Ukraine?
- Real gdp growth in Ukraine was 3.25 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Ukraine?
- The highest recorded value was 11.79 in 2004.
- What is the lowest real gdp growth recorded in Ukraine?
- The lowest recorded value was -28.76 in 2022.
- How does Ukraine rank for real gdp growth?
- Ukraine ranks 109th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Ukraine?
- Over the last ten years it is up 132.6%. The long-run trend across the full record is volatile.
- Where does this Ukraine data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (Our World in Data).