The motherland monument in Ukraine

Ukraine Industry

Ukraine Industry

Industrial Production in Ukraine

Ukraine's economy recorded an average growth rate of -5.9% in industrial production in the decade to 2022, notably lower than the 3.2% average for Eastern Europe. In 2022, Ukraine's industrial production growth plunged to -36.7%. For more industry information, visit our dedicated page.

Ukraine Industry Chart

Note: This chart displays Industrial Production (annual variation in %) for Ukraine from 2013 to 2022.
Source: State Statistics Service of Ukraine.

Ukraine Industry Data

2018 2019 2020 2021 2022
Industrial Production (ann. var. %) 3.0 -0.5 -4.5 1.9 -36.7
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Ukrainian industry projections for the next ten years from a panel of 8 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Ukrainian industry.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Ukrainian industry projections.

Want to get access to the full dataset of Ukrainian industry forecasts? Send an email to info@focus-economics.com.

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