The motherland monument in Ukraine

Ukraine GDP Q3 2019

Ukraine: Growth eases but remains strong in Q3

GDP growth moderated to 4.2% year-on-year in the third quarter, according to preliminary data released by Ukraine’s Statistical Institute. The result was down from the second quarter’s over two-year high of 4.6% but still marked a healthy reading for the economy nonetheless.

Although a breakdown by components is not yet available, strong household consumption likely supported the reading. Wages continued to grow robustly in the quarter and consumer confidence hit a 12-year high in September. However, a weak industrial sector likely held back activity as industrial production contracted throughout Q3.

Detailed national accounts data is scheduled to be released in December.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest