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According to the NBU estimates, from 2019, the real growth of the economy will begin to accelerate: up to 2.9% in 2020 and 3.7% in 2021.
The shadow economy accounted for 32% of official GDP during the first nine months of 2018 , the Economic Development and Trade ministry reports. This is 1% point below the level for the same period in 2017.
Ukraine: Key economic figures and forecasts
2011 2012 2013 2014 2015 2016 2017e
Nominal GDP (EUR bn) 116.9 135.2 135.3 99.9 81.4 78.3 84.8
Nominal GDP per capita (EUR) 2,573 2,987 3,341 2,332 1,904 1,737 1,994
Real GDP (% yoy) 5.5 0.2 0 -6.6 -9.8 2.3 2.0
Consumer prices (avg, % yoy) 8 0.6 -0.2 12.1 48.7 14.9 14.5
Unemployment rate (avg, %) 8.7 8.2 7.8 9.7 9.7 9.7 9.3
General budget balance (% of -1.8 -3.8 -4.4 -4.9 -2.3 -3.5 -3 GDP)
Public debt (% of GDP) 36.4 37.1 40.7 52.9 72.6 81.3 84.9
Current account balance (% of -6.3 -8.2 -9.2 -3.5 -0.2 -3.7 -5.2 GDP)
Gross foreign debt (% of GDP) 77.6 76.5 79.3 95.2 131.5 142.9 142.5
EUR/LCY (avg) 11 10 11 16 24 30 31
23 UKRAINE Country Report March 2019 www.intellinews.com