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.

In 2024, Ukraine's gross domestic product (GDP) was estimated at nearly 189 billion U.S. dollars at current prices. To compare, in the previous year, the country's GDP stood at over 177 billion U.S. dollars. See the Russian GDP for comparison. Ukraine's economic decline in 2014 and 2015 In just two years, between 2013 and 2015, GDP in Ukraine was dramatically reduced to half its amount. This very severe decrease was mainly due to the armed conflict in the eastern part of the country, which was causing many of its inhabitants to be internally displaced. Life in general became increasingly difficult for Ukrainians, not only because of the conflict, but also because of the country’s economic issues. The inflation rate had risen to almost 50 percent, and unemployment reached over nine percent. Russia, formerly Ukraine’s most important trade partner, no longer played this role, having caused a great shift in the country’s base economy. Ukraine’s national debt in relation to GDP was also unsustainable, having increased to nearly 80 percent in 2015. Default or restructuring of its debt was inevitable, and eventually restructuring took place in August 2015.

The gross domestic product (GDP) per capita in Ukraine was estimated at 5,711.16 U.S. dollars in 2024. Between 1992 and 2024, the GDP per capita rose by 5,283.3 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 2,637.52 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Key information about Ukraine Nominal GDP

• Ukraine Nominal GDP reached 65.1 USD bn in Dec 2021, compared with 56.2 USD bn in the previous quarter.
• Nominal GDP in Ukraine is updated quarterly, available from Mar 1996 to Dec 2021, with an average number of 26.3 USD bn.
• The data reached an all-time high of 65.1 USD bn in Dec 2021 and a record low of 5.9 USD bn in Mar 2000.

CEIC converts quarterly Nominal GDP into USD. The State Statistics Service of Ukraine provides Nominal GDP in local currency. The National Bank of Ukraine average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 2010 is based on SNA 1993 and prior to Q1 2001 is sourced from the National Bank of Ukraine.


Related information about Ukraine Nominal GDP

• In the latest reports, Ukraine GDP contracted 30.8 % YoY in Sep 2022.
• Its GDP deflator (implicit price deflator) increased 24.7 % in Dec 2021.
• Ukraine GDP Per Capita reached 4,835.6 USD in Dec 2021.
• Its Gross Savings Rate was measured at 19.3 % in Dec 2021.
• For Nominal GDP contributions, Investment accounted for 22.2 % in Dec 2021.
• Public Consumption accounted for 18.7 % in Dec 2021.
• Private Consumption accounted for 62.0 % in Dec 2021.

The Gross Domestic Product per capita in Ukraine was last recorded at 2219.04 US dollars in 2024. The GDP per Capita in Ukraine is equivalent to 18 percent of the world's average. This dataset provides the latest reported value for - Ukraine GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Ukraine UA: GDP: USD data was reported at 112.154 USD bn in 2017. This records an increase from the previous number of 93.270 USD bn for 2016. Ukraine UA: GDP: USD data is updated yearly, averaging 77.465 USD bn from Dec 1987 (Median) to 2017, with 31 observations. The data reached an all-time high of 183.310 USD bn in 2013 and a record low of 31.262 USD bn in 2000. Ukraine UA: GDP: USD 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: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

Ukraine: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 190.74 billion U.S. dollars, an increase from 181.22 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for Ukraine from 1987 to 2024 is 104.52 billion U.S. dollars. The minimum value, 31.58 billion U.S. dollars, was reached in 1999 while the maximum of 199.77 billion U.S. dollars was recorded in 2021.

Ukraine UA: GDP: USD: per Capita data was reported at 2,639.824 USD in 2017. This records an increase from the previous number of 2,185.728 USD for 2016. Ukraine UA: GDP: USD: per Capita data is updated yearly, averaging 1,489.690 USD from Dec 1987 (Median) to 2017, with 31 observations. The data reached an all-time high of 4,029.716 USD in 2013 and a record low of 635.709 USD in 2000. Ukraine UA: GDP: USD: per Capita 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: Gross Domestic Product: Nominal. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

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.

Ukraine: Gross Domestic Product, billions of 2015 U.S. dollars: The latest value from 2024 is 78.5 billion U.S. dollars, an increase from 76.3 billion U.S. dollars in 2023. In comparison, the world average is 528.3 billion U.S. dollars, based on data from 177 countries. Historically, the average for Ukraine from 1987 to 2024 is 102.7 billion U.S. dollars. The minimum value, 65.9 billion U.S. dollars, was reached in 1999 while the maximum of 172.4 billion U.S. dollars was recorded in 1989.

Ukraine: Gross Domestic Product, billions of 2010 U.S. dollars: Pour cet indicateur, La Banque mondiale fournit des données pour la Ukraine de 1987 à 2024. La valeur moyenne pour Ukraine pendant cette période était de 102.7 billion U.S. dollars avec un minimum de 65.9 billion U.S. dollars en 1999 et un maximum de 172.4 billion U.S. dollars en 1989.

Key information about Ukraine Real GDP Growth

• The Gross Domestic Product (GDP) in Ukraine contracted 31.4 % YoY in Dec 2022, following a negative growth of 30.6 % in the previous quarter.
• Real GDP Growth YoY data in Ukraine is updated quarterly, available from Mar 2002 to Dec 2022, with an average rate of 3.2 %.
• The data reached an all-time high of 14.0 % in Sep 2004 and a record low of -36.9 % in Jun 2022.

CEIC extends history for quarterly Real GDP growth. The State Statistics Service of Ukraine provides Real GDP Growth at 2010 prices, based on SNA 2008. Real GDP Growth prior to Q1 2011 is at 2007 prices, based on SNA 1993.


Related information about Ukraine Real GDP Growth

• In the latest reports, Nominal GDP of Ukraine reached 44.4 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 36.5 % in Dec 2022.
• GDP Per Capita in Ukraine reached 4,827.9 USD in Dec 2021.
• Its Gross Savings Rate was measured at -4.2 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 18.0 % in Dec 2022.
• Public Consumption accounted for 43.4 % in Dec 2022.
• Private Consumption accounted for 60.8 % in Dec 2022.

Ukraine: GDP per capita, Purchasing Power Parity: The latest value from 2024 is 16320 U.S. dollars, an increase from 15917 U.S. dollars in 2023. In comparison, the world average is 27291 U.S. dollars, based on data from 177 countries. Historically, the average for Ukraine from 1990 to 2024 is 15408 U.S. dollars. The minimum value, 9646 U.S. dollars, was reached in 1998 while the maximum of 22816 U.S. dollars was recorded in 1990.

GDP of Ukraine leapt by 5.25% from 181,221,517,869 US dollars in 2023 to 190,741,263,732 US dollars in 2024. Since the 18.91% drop in 2022, GDP rocketed by 17.75% in 2024. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

GDP, PPP (current international $) in Ukraine was reported at 656527758168 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ukraine - GDP, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

GDP (current US$) in Ukraine was reported at 190741263732 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ukraine - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

GDP, PPP (constant 2017 international $) in Ukraine was reported at 577582962154 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ukraine - GDP, PPP (constant 2005 international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Ukraine: GDP per hour worked in current USD, PPP adjusted: The latest value from is USD per hour worked, unavailable from USD per hour worked in . In comparison, the world average is 0.0 USD per hour worked, based on data from countries. Historically, the average for Ukraine from to is USD per hour worked. The minimum value, USD per hour worked, was reached in while the maximum of USD per hour worked was recorded in .

Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. in Ukraine was reported at 4.5 % in 2027, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ukraine - Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

GDP per capita, PPP (current international $) in Ukraine was reported at 18550 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ukraine - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.