Page 12 - UKRRptJan21

3.0​ ​Macro Economy
3.1 ​Macroeconomic overview
Ukraine’s real GDP plunged 3.5% y/y in 3Q20 to UAH1,157bn​ ($41.9bn), improving from ​a​ ​11.4% y/y plunge in 2Q20​, the State Statistics Service reported on December 21, confirming ​its preliminary estimate​. The economy grew 8.5% qoq seasonally adjusted (after dropping 9.7% qoq in 2Q20).
The economy was weighed down by a gross fixed investment plunge of 23.8%
12​ UKRAINE Country Report​ January 2021 ​ ​www.intellinews.com