Fiscal Balance in Ukraine

Ukraine Fiscal Balance | Economic News & Forecasts

Ukraine - Fiscal Balance

GDP grew at a more modest pace in annual terms in Q3, amid slower growth in both the services and industrial sectors. That said, momentum remained relatively firm, as shown by the rebound in quarter-on-quarter terms. Turning to Q4, available data paints an uncertain picture for the economy: Retail sales increased at a softer pace in October compared to Q3, while consumer confidence fell to a 7-month low in the same month, hinting at weaker household spending. Similarly, industrial growth lost steam in annual terms in October compared to the previous quarter. Meanwhile, on 22 November, the IMF approved a USD 700 million disbursement from the total USD 5 billion Stand-By Arrangement program aimed at addressing the fallout from the pandemic and supporting structural reforms. The long-awaited funds come just as reports have emerged of a sizable number of Russian military forces amassing at the border.

Ukraine - Fiscal Balance Data

2015   2016   2017   2018   2019  
Fiscal Balance (% of GDP)-1.6  -2.3  -1.4  -2.1  -2.2  

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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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