Investment in Ukraine

Ukraine Investment | Economic News & Forecasts

Ukraine - Investment

GDP contraction eases again in Q4 2020

A preliminary release revealed that GDP shrank 0.7% year-on-year in the final quarter of 2020, slightly beating market analysts’ expectations and moderating from Q3’s 3.5% drop. The downturn was also the softest out of four consecutive quarters of declining output. Although a comprehensive release is not yet available, the milder contraction in large part likely reflected recovering activity in the industrial and retail trade sectors.

On a seasonally-adjusted quarter-on-quarter basis, output rose 0.8% in Q4, easing markedly from the 8.5% surge logged in the previous quarter.

Commenting on the economic outlook for this year, Andrew Matheny and Tadas Gedminas, analysts at Goldman Sachs, highlighted:

“Looking further ahead, while the lockdown in January could pose a small near-term drag on growth, we continue to expect GDP to rebound sharply this year as a broader reopening of the economy takes place in Ukraine and elsewhere.”

FocusEconomics Consensus panelists project GDP to expand 4.7% in 2021, which is up 0.4 percentage points from last month’s forecast, and 4.0% in 2022.

Ukraine - Investment Data

2015   2016   2017   2018   2019  
Investment (annual variation in %)-9.2  20.4  16.1  16.6  14.2  

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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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