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Europe & Central Asia · Upper middle income

Ukraine: the economy in numbers

Per person: $5,866, or $18,905 at purchasing power parity. Population: 39 million (2025).

$214B+1.8%real GDP growth, 2025

GDP in 2025, current US dollars: #57 of 204 economies. IMF forecast for 2026: +1.0%.

GDP per capita
$5,866
2025 · #127 of 204
GDP per capita, PPP
$18,905
2025 · #109 of 197
Inflation
12.7%
2025 · IMF forecast 2026: 8.9%
Government debt
107.1%
2025 · % of GDP, general government
Population
39M
2025 · #40 of 217
Unemployment
9.8%
2021 · ILO estimate
Stock market capitalization
3.4%
2018 · % of GDP · $4.42B
Life expectancy
74.7 years
2024

GDP

Adjusted for US inflation, in 2025 dollars: $182 billion in 1987, $214 billion in 2025.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $3,528 per person in 1987, $5,866 in 2025.

GDP per capitaGDP per capita, PPP (international $)
PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: −1.3% a year. Years of falling GDP since 1988: 15 of 38.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose 14.8 times from 2000 to 2025. Highest annual inflation: 4,735% in 1993. Years with inflation above 100%: 4. The chart cuts the scale at 100%; “Full scale” shows everything.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 1997: 107.1% of GDP in 2025. IMF forecast for 2031: 97.2%.

General government (IMF)Central government only (World Bank)
Shaded: IMF forecasts from 2026Source: International Monetary Fund, World Economic Outlook (October 2026)
Source: World Bank, World Development Indicators (CC BY 4.0)

Stock market capitalization, % of GDP

In 2018 listed domestic companies were worth $4.42 billion, or 3.4% of GDP.

Listed domestic companies, end of year (the “Buffett indicator”)Source: World Bank, World Development Indicators (CC BY 4.0)

Population

1960: 42.8 million · 2025: 39 million.

Source: World Bank, World Development Indicators (CC BY 4.0)

Unemployment rate

1991: 1.9% · 2021: 9.8%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 69.4 years · 2024: 74.7 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Exports of goods and services

1989: 32.1% · 2025: 25.3%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table
YearGDPGDP per capitaPer capita, PPPReal growthInflationGov. debt, % GDPPopulationUnemploymentStock market, % GDPLife expectancyExports, % GDP
20313.6%f5.0%f97.2%f
20303.7%f5.0%f102.1%f
20293.9%f5.5%f107.3%f
20284.2%f6.7%f109.6%f
20273.5%f8.7%f110.3%f
20261.0%f8.9%f111.8%f
2025$214B$5,866$18,9051.8%12.7%107.1%39M25.3%
2024$191B$5,392$18,6363.2%6.5%89.7%37.9M74.729.7%
2023$181B$5,140$17,6805.5%12.8%81.2%37.7M73.428.3%
2022$162B$4,200$14,768−28.8%20.2%77.7%41M72.735.4%
2021$200B$4,776$17,8463.4%9.4%48.9%44.3M9.8%71.640.7%
2020$157B$3,710$15,541−3.8%2.7%60.5%44.7M9.5%73.338.8%
2019$154B$3,620$14,2173.2%7.9%50.5%45M8.2%73.941.2%
2018$131B$3,059$12,5553.5%11.0%60.4%45.2M8.8%3.4%73.645.2%
2017$112B$2,604$11,5362.4%14.4%71.6%45.4M9.5%4.6%74.048.1%
2016$93.4B$2,158$10,8652.4%13.9%79.5%45.6M9.3%4.8%73.449.3%
2015$91B$2,094$9,922−9.8%48.7%79.3%45.8M9.1%6.3%72.752.6%
2014$134B$3,055$10,494−10.1%12.1%70.3%46M9.3%9.2%71.848.6%
2013$190B$4,130$10,9040.0%−0.2%39.0%46.1M7.2%11.6%71.542.9%
2012$183B$3,951$9,5520.2%0.6%36.1%46.2M7.5%71.147.4%
2011$169B$3,657$9,1275.4%8.0%35.5%46.3M7.9%15.1%70.749.4%
2010$141B$3,040$8,4534.1%9.4%39.1%46.5M8.1%27.5%70.246.5%
2009$122B$2,607$7,995−15.1%15.9%34.1%46.6M8.8%69.242.9%
2008$188B$4,018$9,3242.2%25.2%19.7%46.8M6.4%68.343.3%
2007$149B$3,160$8,9008.2%12.8%11.8%47.1M6.4%67.741.3%
2006$112B$2,366$7,9717.6%9.1%14.3%47.3M6.8%67.543.2%
2005$89.2B$1,875$7,1423.1%13.6%17.1%47.6M7.2%67.547.7%
2004$67.2B$1,401$6,66311.8%9.0%23.9%48M8.6%67.558.7%
2003$52B$1,076$5,7649.5%5.2%28.3%48.3M9.1%67.652.5%
2002$44B$903$5,1235.3%0.8%32.3%48.7M10.1%67.750.1%
2001$39.3B$800$4,7478.8%12.0%35.3%49.1M11.1%67.750.6%
2000$32.4B$653$4,2285.9%28.2%43.7%49.6M11.7%67.860.3%
1999$31.6B$632$3,871−0.2%22.7%61.0%50M11.9%68.053.7%
1998$41.9B$831$3,794−1.9%10.6%48.1%50.4M11.3%68.041.9%
1997$50.2B$987$3,794−3.0%15.9%29.9%50.8M8.9%67.740.6%
1996$44.6B$870$3,812−10.0%80.3%51.2M7.7%67.145.7%
1995$48.2B$933$4,124−12.2%376.7%51.7M5.6%67.147.1%
1994$52.5B$1,009$4,565−22.9%891.2%52.1M2.0%67.535.4%
1993$65.6B$1,254$5,766−14.2%4,735%52.4M2.0%68.325.9%
1992$73.9B$1,413$6,568−9.9%1,210%52.3M1.9%68.924.0%
1991$77.4B$1,483$7,148−8.7%52.2M1.9%69.726.2%
1990$81.4B$1,564$7,591−6.3%52.1M70.427.7%
1989$82.7B$1,5933.9%51.9M70.832.1%
1988$74.7B$1,4442.6%51.7M71.0
1987$64.1B$1,24451.5M71.2
198651.3M70.8
198551.1M70.4
198450.9M70.0
198350.6M69.9
198250.4M69.9
198150.2M69.8
198050M69.8
197949.7M69.8
197849.5M69.8
197749.3M70.0
197649.1M70.1
197548.9M70.4
197448.6M70.6
197348.3M70.8
197247.9M71.0
197147.6M70.9
197047.3M70.8
196947M70.8
196846.6M71.0
196746.2M71.1
196645.8M71.2
196545.4M71.1
196445M71.0
196344.5M70.7
196243.9M70.4
196143.4M70.0
196042.8M69.4

e: IMF estimate; f: IMF forecast. Inflation: IMF data for 1992, World Bank for the other years.

Nearby economies in Europe & Central Asia

Nearest by distance between capitals, with GDP per capita.

Albania · Andorra · Armenia · Austria · Azerbaijan · Belarus · Belgium · Bosnia and Herzegovina · Bulgaria · Channel Islands · Croatia · Cyprus · Czechia · Denmark · Estonia · Faroe Islands · Finland · France · Georgia · Germany · Gibraltar · Greece · Greenland · Hungary · Iceland · Ireland · Isle of Man · Italy · Kazakhstan · Kosovo · Kyrgyzstan · Latvia · Liechtenstein · Lithuania · Luxembourg · Moldova · Monaco · Montenegro · Netherlands · North Macedonia · Norway · Poland · Portugal · Romania · Russia · San Marino · Serbia · Slovakia · Slovenia · Spain · Sweden · Switzerland · Tajikistan · Turkmenistan · Türkiye · Ukraine · United Kingdom · Uzbekistan

Rankings

Data and methods

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)