GDP (current LCU), annual growth rate in Ukraine

Ukraine: GDP (current LCU), annual growth rate was 15.55 % change on previous year in 2024. ◆ Volatile

Latest (2024)
15.55 % change on previous year
Change on year
down 41.3%
World rank
30th
of 211 countries
All-time high
711.86 % change on previous year
in 1994
All-time low
-4.42 % change on previous year
in 2009
Years of data
52
1971–2024

GDP (current LCU), annual growth rate in Ukraine, 1971–2024

0200400600800197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Ukraine recorded 15.55 % change on previous year for gdp (current lcu), annual growth rate in 2024.

The figure is down 41.3% on the previous year and up 268.5% over ten years.

Over the whole period, gdp (current lcu), annual growth rate in Ukraine peaked at 711.86 % change on previous year in 1994 and was at its lowest, -4.42 % change on previous year, in 2009.

That places Ukraine 30th out of 211 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU), annual growth rate in Ukraine, year by year

Annual values for GDP (current LCU), annual growth rate in Ukraine, 1971 to 2024.
Year % change on previous year Change
1971 4.66 % change on previous year
1972 4.59 % change on previous year -1.5%
1973 7.58 % change on previous year +65.1%
1974 3.46 % change on previous year -54.3%
1975 3.58 % change on previous year +3.6%
1976 6.23 % change on previous year +73.8%
1977 4.89 % change on previous year -21.6%
1978 4.55 % change on previous year -6.8%
1979 1.88 % change on previous year -58.7%
1980 2.72 % change on previous year +44.6%
1981 3.31 % change on previous year +21.7%
1982 5.59 % change on previous year +68.7%
1983 5.12 % change on previous year -8.4%
1984 4.37 % change on previous year -14.5%
1985 1.42 % change on previous year -67.5%
1986 1.79 % change on previous year +26.0%
1987 4.36 % change on previous year +143.5%
1988 4.33 % change on previous year -0.8%
1989 7.87 % change on previous year +81.8%
1990 8.87 % change on previous year +12.8%
1991 79.04 % change on previous year +790.8%
1994 711.86 % change on previous year +800.6%
1995 352.88 % change on previous year -50.4%
1996 49.53 % change on previous year -86.0%
1997 14.53 % change on previous year -70.7%
1998 9.88 % change on previous year -32.0%
1999 27.15 % change on previous year +174.6%
2000 35.02 % change on previous year +29.0%
2001 19.9 % change on previous year -43.2%
2002 10.87 % change on previous year -45.4%
2003 18.46 % change on previous year +69.7%
2004 28.91 % change on previous year +56.6%
2005 27.91 % change on previous year -3.5%
2006 23.55 % change on previous year -15.6%
2007 32.93 % change on previous year +39.9%
2008 31.91 % change on previous year -3.1%
2009 -4.42 % change on previous year -113.8%
2010 18.33 % change on previous year -514.8%
2011 20.4 % change on previous year +11.3%
2012 8.15 % change on previous year -60.1%
2013 4.36 % change on previous year -46.5%
2014 4.22 % change on previous year -3.1%
2015 25.31 % change on previous year +499.7%
2016 19.96 % change on previous year -21.1%
2017 24.98 % change on previous year +25.2%
2018 19.42 % change on previous year -22.2%
2019 11.71 % change on previous year -39.7%
2020 6.16 % change on previous year -47.4%
2021 29.11 % change on previous year +372.8%
2022 -3.88 % change on previous year -113.3%
2023 26.51 % change on previous year -782.4%
2024 15.55 % change on previous year -41.3%

Ukraine compared with similar countries

  • Ukraine's 15.55 % change on previous year is above the median for upper middle income countries, which is 7.03 % change on previous year, 2.2× the median. (58 countries reporting)
  • Ukraine's 15.55 % change on previous year is above the median for Europe & Central Asia, which is 6.26 % change on previous year, 2.5× the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU), annual growth rate in Ukraine changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1994 +800.6% 79.04 % change on previous year 711.86 % change on previous year
1991 +790.8% 8.87 % change on previous year 79.04 % change on previous year
2023 +782.4% -3.88 % change on previous year 26.51 % change on previous year
2010 +514.8% -4.42 % change on previous year 18.33 % change on previous year
2015 +499.7% 4.22 % change on previous year 25.31 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.6 % change on previous year 1.88 % change on previous year 7.58 % change on previous year 9
1980s 4.09 % change on previous year 1.42 % change on previous year 7.87 % change on previous year 10
1990s 156.72 % change on previous year 8.87 % change on previous year 711.86 % change on previous year 8
2000s 22.51 % change on previous year -4.42 % change on previous year 35.02 % change on previous year 10
2010s 15.68 % change on previous year 4.22 % change on previous year 25.31 % change on previous year 10
2020s 14.69 % change on previous year -3.88 % change on previous year 29.11 % change on previous year 5

Countries ranked near Ukraine

  1. 27 Niger 16.96 % change on previous year compare
  2. 28 American Samoa 16.13 % change on previous year compare
  3. 29 Yemen 15.72 % change on previous year compare
  4. 31 Tajikistan 15.53 % change on previous year compare
  5. 32 Sao Tome and Principe 15.38 % change on previous year compare
  6. 33 Samoa 14.9 % change on previous year compare

See the full ranking of 211 places →

More population data for Ukraine

All data for Ukraine →

Frequently asked questions

What is gdp (current lcu), annual growth rate in Ukraine?
Gdp (current lcu), annual growth rate in Ukraine was 15.55 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current lcu), annual growth rate recorded in Ukraine?
The highest recorded value was 711.86 % change on previous year in 1994.
What is the lowest gdp (current lcu), annual growth rate recorded in Ukraine?
The lowest recorded value was -4.42 % change on previous year in 2009.
How does Ukraine rank for gdp (current lcu), annual growth rate?
Ukraine ranks 30th out of 211 countries with data for 2024.
Is gdp (current lcu), annual growth rate rising or falling in Ukraine?
Over the last ten years it is up 268.5%. The long-run trend across the full record is volatile.
Where does this Ukraine data come from?
The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current LCU), annual growth rate in Ukraine. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-lcu-annual-growth-rate-2/ukraine/

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How this figure is calculated

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,125 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.