Fiscal Balance in Ukraine

Ukraine Fiscal Balance | Economic News & Forecasts

Ukraine - Fiscal Balance

A preliminary estimate revealed the economy expanded at the slowest pace in nearly four years in Q4 2019. Although a comprehensive release is not yet available, a sizeable downturn in industrial production appeared to be largely behind the slowdown. The record appreciation of the hryvnia in Q4 stifled competitiveness in international markets, against the backdrop of cooling global activity. In addition, agricultural output seemingly weighed on growth in Q4 amid ahead-of-scheduled harvest dates for cereals and other crops due to warm weather. Turning to the first quarter of this year, economic activity likely remained stuck in a lower gear, as the coronavirus outbreak hampers world trade and discourages investment. Meanwhile, in politics, President Volodymyr Zelensky reshuffled most of his cabinet on 4 March, as disappointing economic results hampered his approval ratings. Political turmoil could delay a vital IMF deal expected for H1 of this year.

Ukraine - Fiscal Balance Data

2014   2015   2016   2017   2018  
Fiscal Balance (% of GDP)-4.5  -1.6  -2.3  -1.4  -2.1  

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Ukraine Facts

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

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