Current Account in Ukraine

Ukraine Current Account (USD bn) | Economic News & Forecasts

Ukraine - Current Account (billions of U.S. Dollars)

Growth likely decelerated further in the fourth quarter of last year, after slowing in the third quarter on easing private consumption. Industrial production plummeted in Q4, bruising merchandise export growth and likely taking its toll on fixed investment; however, solid construction activity and cheaper financing conditions likely cushioned the slowdown. On the upside, upbeat retail sales in Q4, amid the lowest inflation in nearly six years, suggest that household spending gathered momentum at year-end. Meanwhile, in the political arena, Parliament backed a preliminary reading of a bill on 4 February, which reduces the legislature by a third to 300 seats and eliminates single-seat constituencies, often used by tycoons to gain political leverage. The overhaul still requires approval from the Constitutional Court before two more votes in Parliament.

Ukraine - Current Account (USD bn) Data

2014   2015   2016   2017   2018  
Current Account Balance (USD bn)-4.6  1.6  -1.3  -2.4  -4.3  

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Ukraine Current Account (USD bn) Chart

Ukraine Current Account
Note: Current account balance as % of GDP.
Source: National Bank of Ukraine and FocusEconomics calculations.

Ukraine Facts

Value Change Date
Bond Yield19.000.0 %Jul 27
Exchange Rate23.700.30 %Jan 01

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