GDP growth in Ukraine

Ukraine: GDP growth was 2.9% in 2024. β—† Volatile

Latest (2024)
2.9%
Change on year
down 47.4%
World rank
116th
of 209 countries
All-time high
11.8%
in 2004
All-time low
-28.8%
in 2022
Years of data
37
1988–2024

GDP growth in Ukraine, 1988–2024

-30-20-100101988200620241988: 2.6 annual %1989: 3.9 annual %1990: -6.3 annual %1991: -8.7 annual %1992: -9.9 annual %1993: -14.2 annual %1994: -22.9 annual %1995: -12.2 annual %1996: -10 annual %1997: -3 annual %1998: -1.9 annual %1999: -0.2 annual %2000: 5.9 annual %2001: 8.8 annual %2002: 5.3 annual %2003: 9.5 annual %2004: 11.8 annual %2005: 3.1 annual %2006: 7.6 annual %2007: 8.2 annual %2008: 2.2 annual %2009: -15.1 annual %2010: 4.1 annual %2011: 5.4 annual %2012: 0.152 annual %2013: 0.045 annual %2014: -10.1 annual %2015: -9.8 annual %2016: 2.4 annual %2017: 2.4 annual %2018: 3.5 annual %2019: 3.2 annual %2020: -3.8 annual %2021: 3.4 annual %2022: -28.8 annual %2023: 5.5 annual %2024: 2.9 annual %

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

Ukraine recorded 2.9% for gdp growth in 2024.

The figure is down 47.4% on the previous year and up 128.9% over ten years.

Over the whole period, gdp growth in Ukraine peaked at 11.8% in 2004 and was at its lowest, -28.8%, in 2022.

Ukraine ranks 116th of 209 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.2% 2.6% 3.9% 2
1990s -8.9% -22.9% -0.2% 10
2000s 4.7% -15.1% 11.8% 10
2010s 0.1% -10.1% 5.4% 10
2020s -4.1% -28.8% 5.5% 5

Countries ranked near Ukraine

  1. 113 Bahrain 3.0% compare
  2. 114 French Polynesia 3.0% compare
  3. 115 Poland 2.9% compare
  4. 117 Panama 2.9% compare
  5. 118 Suriname 2.8% compare
  6. 119 Bulgaria 2.8% compare

See the full ranking of 212 places β†’

More population data for Ukraine

All data for Ukraine β†’

Frequently asked questions

What is gdp growth in Ukraine?
Gdp growth in Ukraine was 2.9% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Ukraine?
The highest recorded value was 11.8% in 2004.
What is the lowest gdp growth recorded in Ukraine?
The lowest recorded value was -28.8% in 2022.
How does Ukraine rank for gdp growth?
Ukraine ranks 116th out of 209 countries with data for 2024.
Is gdp growth rising or falling in Ukraine?
Over the last ten years it is up 128.9%. The long-run trend across the full record is volatile.
Where does this Ukraine data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Ukraine. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/ukraine/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release