ECON FACTBOOK

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Economy of Ukraine

Population: 45 million in 2013¹

GDP: $177 billion in 2013²

GDP per capita: $3,900 nominal³ ($8,788 PPP⁴) in 2013

GDP growth rate: 1.9% in 2013⁵

Industries

GDP by Industry 2012⁶

Industry sector	Value added ($ billions) 2012	Percent of total
Other activities	46	31.8%
Wholesale, retail trade, restaurants and hotels	27	18.5%
Manufacturing	21	14.3%
Transport, storage and communication	17	11.4%
Mining and utilities	16	11.3%
Agriculture, hunting, forestry, fishing	14	9.5%
Construction	5	3.2%
Total value added	146	100%

Employment

Unemployment rate: 7.9% in 2013⁷

Employment by Industry 2013⁸

Employment sector	Employees (thousands) 2013	Percent of total
Agriculture, forestry and fishing	4,083	20.0%
Wholesale trade, retail trade and repair of motor vehicles	3,481	17.1%
Manufacturing	2,572	12.6%
Education	1,680	8.2%
Transportation and storage	1,296	6.4%
Human health and social work	1,279	6.3%
Construction	1,240	6.1%
Public administration and defence	1,016	5.0%
Mining and quarrying	638	3.1%
Other service	475	2.3%
Electricity, gas, steam and air conditioning	451	2.2%
Accommodation and food service	388	1.9%
Professional, scientific and technical	387	1.9%
Finance and insurance	333	1.6%
Information and communication	298	1.5%
Administrative and support service	259	1.3%
Arts, entertainment and recreation	193	0.9%
Water supply, sewerage and waste management	159	0.8%
Real estate	122	0.6%
Activities of households as employers	52	0.3%
Total employment	20,404	100%

Corporations

Top 10 Corporations by Revenue 2013⁹

N/A

Households

Household Wealth: $85 billion (28% of GDP) in 2014¹⁰

Household Wealth per Adult: $2,374 in 2014¹⁰

Gini Coefficient: .248 in 2010¹¹

Government

Central Government

Central Government Revenue: $57 billion (32% of GDP) in 2013¹²

Central Government Expenditure: $67 billion (38% of GDP)¹²

Central Government Budget Balance: -$10 billion (-6% of GDP)¹²

Central Government Public Debt: $50 billion (29% of GDP) in Q3 2014* ¹³

Central Government 10 Year Bond Interest Rate: N/A

* Public debt calculated using the exchange rate 15.92 UAH = 1 USD

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds in 2012* ¹⁴

15%: $0-$8,088
17%: $8,088+

Corporate Tax Rate: 18% in 2014¹⁵

* Individual thresholds calculated using the exchange rate 15.92 UAH = 1 USD

Monetary Policy

Money Supply (M0): $18 billion in Dec 2014* ¹⁶

Benchmark Interest Rate: Discount Rate = 14% on Jan 28, 2015¹⁷

Total Reserves: $20 billion (11% of GDP) in 2013¹⁸

Exchange Rate:15.92 Ukrainian Hryvnias = 1 U.S. Dollar on Jan 28, 2015 ¹⁹

Inflation: -0.3% in 2013²⁰

* Money supply calculated using the exchange rate 15.92 UAH = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 2013²¹

N/A (data not available at Relbanks.com)

International Accounts

Exports: $71 billion (40% of GDP) in 2013²²

Imports: $87 billion (49% of GDP) in 2013²²

Trade Balance: -$16 billion (-9% of GDP) in 2013²²

Foreign Direct Investment Inflow: $5 billion (3% of GDP) in 2013²³

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $0.7 billion (0.4% of GDP) in 2012²⁴

Foreign Aid Outflow: N/A

References