Business in Ukraine: economic snapshot February 2018 |


Internal perspective

While 2016 ended on a bright note, with Ukraine’s growth surging in the last quarter, rebel-backed blockades continue to cut off vital links to the country. As the conflict prolongs, it will continue to threaten industrial production and energy supplies.


45.49 million (2013)

Internet users

41.8% in 2013

Gross domestic product (GDP)

  • $177.4 billion ‎(2013)

Top 5 Imports

Top 5 exports


Top 3 Trading Partners

Top franchises

GDP growth rate (est.)

  • -9.9% in 2015
  • -6.6% in 2014
  • 0% in 2013

Trends and outlooks

  • GDP expected to grow by 1%
  • While inflation rate is estimated at 15%
  • Strong expansion of agriculture
  • Political tensions threaten financial recovery

Economic challenges

  • Rebels blocking transport of coal and other industrial goods
  • Threatening the energy supply
  • Spending $10M a day on military campaign
  • 500,000 eastern Ukrainians now internally displaced

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