The Gross Domestic Product (GDP) in Ukraine was worth 190.74 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Ukraine represents 0.18 percent of the world economy. This dataset provides the latest reported value for - Ukraine GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Denmark donated the most significant percentage of its 2021 gross domestic product (GDP) to help Ukraine over the period between January 2022, and June 2025. Denmark contributed 2.89 percent of its GDP in bilateral aid, followed by Estonia with 2.8 percent of GDP. Besides the Nordic and Baltic countries, the Netherlands donated the largest share of GDP. Western countries sent aid to Ukraine in view of the Russian invasion that began in February 2022. Who donated the most to Ukraine? In absolute terms, the largest bilateral aid allocations to Ukraine were made by the United States, at over 114 billion euros as of June 2025. European Union (EU) institutions, such as the European Commission and the European Council, allocated the second-largest amount of assistance, at almost 63.2 billion euros. The United Kingdom (UK) was the fourth-leading source of bilateral aid. EU aid to Ukraine The EU has supported Ukraine with over 69 billion euros in financial assistance as of January 2022. Of them, the largest share of aid has been provided as additional loans from the European Investment Bank (EIB) and the European Bank of Reconstruction and Development (EBRD). Among EU members, Germany allocated the largest amount of bilateral aid to Ukraine from January 24, 2022, at around 22 billion euros, while Estonia allocated the largest share of GDP.

Knowledge economy index of Ukraine grew by 1.42% from 5.65 index in 2000 to 5.73 index in 2012. Since the 5.20% drop in 2000, knowledge economy index climb by 1.42% in 2012.

The Gross Domestic Product per capita in Ukraine was last recorded at 16319.84 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Ukraine, when adjusted by Purchasing Power Parity is equivalent to 92 percent of the world's average. This dataset provides the latest reported value for - Ukraine GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Since 1980, Europe's largest economies have consistently been France, Germany, Italy, Spain, and the United Kingdom, although the former Soviet Union's economy was the largest in the 1980s, and Russia's economy has been larger than Spain's since 2010. Since Soviet dissolution, Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year. Italy's economy was of a relatively similar size to that of the UK and France until the mid-2000s when it started to diverge, resulting in a difference of approximately 800 billion U.S dollars by 2018. Russia's economy had overtaken both Italy and Spain's in 2012, but has fallen since 2014 due to the drop in international oil prices and the economic sanctions imposed for its annexation of Crimea - economic growth is expected to be comparatively low in Russia in the coming years due to the economic fallout of its invasion of Ukraine in 2022. In 2025, Germany, now the world's third-largest economy, was estimated at over *** trillion U.S. dollars.

Ukraine GOI: Total Rank data was reported at 87.000 NA in 2023. This stayed constant from the previous number of 87.000 NA for 2022. Ukraine GOI: Total Rank data is updated yearly, averaging 89.000 NA from Dec 2016 (Median) to 2023, with 8 observations. The data reached an all-time high of 99.000 NA in 2019 and a record low of 83.000 NA in 2017. Ukraine GOI: Total Rank data remains active status in CEIC and is reported by Milken Institute. The data is categorized under Global Database’s Ukraine – Table UA.Milken: Global Opportunity Index. Data release delayed due to the Ukraine-Russia conflict. No estimation on next release date can be made.

Ukraine UA: Ease of Doing Business Rank: 1=Most Business-friendly Regulations data was reported at 64.000 NA in 2019. Ukraine UA: Ease of Doing Business Rank: 1=Most Business-friendly Regulations data is updated yearly, averaging 64.000 NA from Dec 2019 (Median) to 2019, with 1 observations. Ukraine UA: Ease of Doing Business Rank: 1=Most Business-friendly Regulations data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ukraine – Table UA.World Bank.WDI: Business Environment. Ease of doing business ranks economies from 1 to 190, with first place being the best. The ranking of economies is determined by sorting the aggregate ease of doing business scores. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation.; ; World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: bit.ly/3CLCbme; ; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.

Time series data for the statistic Foreign_Direct_Investment_Net_Inflows_$ and country Ukraine. Indicator Definition:Foreign direct investment refers to direct investment equity flows in the reporting economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. Data are in current U.S. dollars.The statistic "Foreign Direct Investment Net Inflows $" stands at 4,018,000,000.00 Ukrainian Hryvnias as of 12/31/2024. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -554,000,000.00 Ukrainian Hryvnias compared to the value the year prior.The 1 year change is -554,000,000.00 Ukrainian Hryvnias.The 3 year change is -3,936,000,000.00 Ukrainian Hryvnias.The 5 year change is -1,778,000,000.00 Ukrainian Hryvnias.The 10 year change is 3,171,000,000.00 Ukrainian Hryvnias.The Serie's long term average value is 3,337,606,060.61 Ukrainian Hryvnias. It's latest available value, on 12/31/2024, is 680,393,939.39 Ukrainian Hryvnias higher, compared to it's long term average value.The Serie's change in Ukrainian Hryvnias from it's minimum value, on 12/31/2015, to it's latest available value, on 12/31/2024, is +4,216,000,000.00 .The Serie's change in Ukrainian Hryvnias from it's maximum value, on 12/31/2008, to it's latest available value, on 12/31/2024, is -6,682,000,000.00 .

Despite the new geopolitical situation caused by the revolution at Maidan in February 2014, little is known about the real economics of Ukraine and its internal spatial disparities. In the survey of regional disparities, data on incomes, employment and unemployment were involved and completed by those on migration and age structure of the population. The spectrum of available data at rayon level is not particularly broad, but this is counterbalanced by the ca. five hundred territorial units that provide a minute picture of the inequalities. According to the classic view, the spatial pattern of economic development is opposite to the Central European west to east slope. In Ukraine, Eastern regions are not more developed as a whole but they accommodate more developed large urban centres. Spatial differences grew most rapidly during the period of economic decline (1990–2000). However, these disparities were mitigated during the two years following the global financial crisis as the latter mainly affected the large urban centres of the economy. Conversely, the Donets Basin as a whole was highly exposed to the effects of these crises owing to its outdated industrial structure (coal mining, iron and steel industry). This led to a rearrangement in the ranking of the east Ukrainian regions based on GDP per capita: Dnipropetrovs’k overtook Donets’k, and the Dnieper Region (including Zaporizhzhia) has a higher output per capita than Donbas. A significant part of the productive capacities and incomes are found in the Donbas, an area hit hard by the fighting; their loss would further deteriorate the state of the country’s economy. The fighting in the Donbas that did by far the greatest harm to the economy among the post-Soviet conflicts. It happened in a period when Ukraine, after the transformation crisis, had been on the path of growth for more than one decade. Concerning population number, area and economic weight, the Donbas exceeds Transnistria or Karabakh by an order of magnitude.

Ukraine UA: Ease of Doing Business Index: 1=Most Business-friendly Regulations data was reported at 76.000 NA in 2017. Ukraine UA: Ease of Doing Business Index: 1=Most Business-friendly Regulations data is updated yearly, averaging 76.000 NA from Dec 2017 (Median) to 2017, with 1 observations. Ukraine UA: Ease of Doing Business Index: 1=Most Business-friendly Regulations data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ukraine – Table UA.World Bank.WDI: Business Environment. Ease of doing business ranks economies from 1 to 190, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; ; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.

The fastest growing economy in Europe in 2024 was Malta. The small Mediterranean country's gross domestic product grew at five percent in 2024, beating out Montenegro which had a growth rate of almost four percent and the Russian Federation which had a rate of 3.6 percent in the same year. Estonia was the country with the largest negative growth in 2024, as the Baltic country's economy shrank by 0.88 percent compared with 2023, largely as a result of the country's exposure to the economic effects of Russia's invasion of Ukraine and the subsequent economic sanctions placed on Russia. Germany, Europe's largest economy, experience economic stagnation with a growth of 0.1 percent. Overall, the EU (which contains 27 European countries) registered a growth rate of one percent and the Eurozone (which contains 20) grew by 0.8 percent.

Russia had the highest GDP per capita based on purchasing-power-parity (PPP) among the presented Eurasian countries between 2010 and 2023 and was forecast to remain in the leading position in the following years. However, Kazakhstan was predicted to close the gap with Russia slowly by 2029. What are the largest economies in Eurasia? At an estimated *** trillion U.S. dollars, Russia had the largest GDP among the Eurasian countries in 2024. The country generated most of its wealth through its energy sector, given that a high percentage of its industrial and agricultural sectors was privatized in the 1990s. Ranking second and third were Kazakhstan and Ukraine, whose GDP amounted to approximately *** billion U.S. dollars and *** billion U.S. dollars, respectively. Looking at national debt, Ukraine demonstrated the highest ratio to GDP, at over ** percent in 2024. Despite exhibiting the second-lowest figure in the region, Russia’s national debt was forecast to increase in the years until 2029. Inflation in Eurasia The highest inflation rate in Eurasia was recorded in Uzbekistan, at around ** percent in 2024. It was followed by Kazakhstan and Russia, where consumer prices were estimated to grow by approximately *** percent and *** percent relative to the previous year, respectively. As of January 2024, monthly expenses on the basic food basket occupied around ** percent of the official minimum wage in Moldova. At the same time, in Uzbekistan, the minimum wage was just enough to cover basic food expenses.

The average for 2022 based on 40 countries was 2.4 percent. The highest value was in Ukraine: 33.55 percent and the lowest value was in Ireland: 0.23 percent. The indicator is available from 1960 to 2022. Below is a chart for all countries where data are available.

The average for 2022 based on 145 countries was 1.98 percent. The highest value was in Ukraine: 33.55 percent and the lowest value was in Haiti: 0.07 percent. The indicator is available from 1960 to 2022. Below is a chart for all countries where data are available.

As a share of gross domestic product (GDP), Ukraine spent more on its military than any other country in 2024, reaching 35 percent of the country's GDP. The high figure is due to the country being invaded by Russia in February 2022. Israel, that is fighting Hamas in the Gaza war, and Algeria followed behind.Leading military spending countriesIn gross terms, the countries with the highest military spending are the United States, China, and Russia. However, these are countries with large populations and GDPs, and smaller countries usually cannot compete alone, regardless of how much they invest. For this reason, they form alliances such as the North Atlantic Treaty Organization (NATO). NATO countries aim to pool two percent of their GDP towards their own militaries and to aid each other in case of war. Regional differencesThe past decade has seen an increase in global military spending. This has not been distributed evenly. That period saw large positive changes in military spending from several Asian countries, including a large increase from China. While this does not reflect the number of active conflicts, it reflects growing tensions in global affairs.

The average for 2022 based on 130 countries was 1147.12 million U.S. dollars. The highest value was in Ukraine: 28732.43 million U.S. dollars and the lowest value was in China: -282.32 million U.S. dollars. The indicator is available from 1960 to 2022. Below is a chart for all countries where data are available.

This graph shows the growth in the U.S. import volume of trade goods from Russia from 1992 to 2023. In 2023, U.S. imports from Russia amounted to approximately 4.57 billion U.S. dollars. RussiaRussia's foreign trade balance of goods generated a surplus of about 187 billion U.S. dollars, with more resulting from exports than imports in 2014. Russia exported trade goods valued about 418.8 billion U.S. dollars in 2019. In a global ranking of national exports, Russia was sixteenth. Leading exporters like China, the United States, and Germany are exporting goods worth between 1.5 and 2.5 trillion U.S. dollars. The placement of Russia’s export ranking is linear with its placement on the ranking of the biggest economies in the world. Russia had the eleventh largest GDP worldwide with about 1.6 trillion U.S. dollars in 2019. Russia's most important export countries are mostly its direct neighbors, like China, Ukraine, Belarus, Poland, and Kazakhstan. About 35 percent of all exports go to neighboring countries. China is the most important country within the aforementioned nations, which takes about 8 percent of Russia's exported goods. The United States are not among the top ten. The nation sits in twelfth place of Russia's export destinations, with about three percent. The products exported from Russia are unsurprisingly mainly mineral products and metals, with crude and refined petroleum making up for 54 percent of all exports. The main export product apart from resources is wheat. Exported wheat from Russia was valued at about 6.2 billion U.S. dollars in 2012. Russia is one of the principal wheat exporters. Although the development of Russia's exports has been somewhat positive in recent years, the political crisis with the Ukraine, resulting in economic sanctions applied by important trade countries like Germany, the EU, the United States and many others, might have dampened foreign trade altogether. The result was a negative growth in exports of about five percent in 2014.

In 2025, Poland's defense spending as a share of gross domestic product was **** percent, the highest of all NATO member states, followed by Lithuania at *****percent, and then Latvia at **** percent. It is a target of NATO that every member country should spend at least two percent of their GDP on defense. As of this year, it is estimated that all the alliance's 32 member states would meet this target. The average expenditure on defense expenditure across all NATO member states was **** percent in this year. NATO, Trump, and the War in Ukraine Russia's full-scale invasion of Ukraine in February 2022 shook many European powers out of a creeping complacency that had set in since the end of the Cold War. It led directly to the applications of Sweden and Finland to the alliance in 2022, with the latter joining later that year. The conflict has however also underlined how Europe's security is still underpinned by American military power, with the United States the main contributor of military aid to Ukraine. Furthermore, in overall defense spending, the U.S. spends far more than the rest of NATO combined. The current Trump administration has frequently criticized NATO states that they see as taking advantage of this discrepancy, urging other members to reach and even exceed the two percent threshold. Article 5 triggered in the aftermath of 9/11 While NATO was founded with the aim of deterring the Soviet Union in the Cold War, its central defense clause "Article 5" whereby an attack on one member is considered an attack on all, has only been triggered once; after the 9/11 terrorist attacks on the United States. NATO's involvement in the subsequent War in Afghanistan was a direct result of this, with troops supporting the operation from across the alliance. Although NATO's focus drifted towards counter-insurgency, and the threat from terrorism in this period, its original purpose has become far more important recently.

Czechia had the highest gross domestic product (GDP) per capita based on purchasing-power-parity (PPP) among Central and Eastern European (CEE) countries in 2024, at an estimated ** thousand 2017 international U.S. dollars. It was followed by Slovenia and Lithuania. The lowest figure among the presented CEE countries was recorded in Ukraine. In 2029, Poland's GDP per capita in PPP terms was forecast to reach approximately **** thousand 2017 international U.S. dollars.