Ukrainian, Russian, other, Moldovan/Romanian, and Hungarian) 2.9
Economic Overview
Key economic indicators for Ukraine
GDP:
$560.111 billion
GDP per Capita:
$15,900
GDP Growth:
5.32%
Inflation:
12.85%
Unemployment:
9.83%
Public Debt:
58.72% of GDP
Credit Rating:
CCC (2023)
Political System
Governance structure of Ukraine
Government Type:
semi-presidential republic
Head of State:
President Volodymyr ZELENSKYY (since 20 May 2019)
Head of Government:
Prime Minister Denys SHMYHAL (since 4 March 2020)
Judiciary:
Supreme Court of Ukraine or SCU (consists of 100 judges, organized into civil, criminal, commercial and administrative chambers, and a grand chamber); Constitutional Court (consists of 18 justices); High Anti-Corruption Court (consists of 39 judges, including 12 in the Appeals Chamber)
Administrative Divisions:
24 provinces (oblasti, singular - oblast'), 1 autonomous republic* (avtonomna respublika), and 2 municipalities** (mista, singular - misto) with oblast status; Cherkasy, Chernihiv, Chernivtsi, Crimea or Avtonomna Respublika Krym* (Simferopol), Dnipropetrovsk (Dnipro), Donetsk, Ivano-Frankivsk, Kharkiv, Kherson, Khmelnytskyi, Kirovohrad (Kropyvnytskyi), Kyiv**, Kyiv, Luhansk, Lviv, Mykolaiv, Odesa, Poltava, Rivne, Sevastopol**, Sumy, Ternopil, Vinnytsia, Volyn (Lutsk), Zakarpattia (Uzhhorod), Zaporizhzhia, Zhytomyr
Major Political Parties
Not specified
International Relations
Global position and alliances
UN Member:
Yes
EU Member:
No
Diplomatic Presence:
3350 M Street NW, Washington, DC 20007
Major Alliances and Organizations
Economic Sectors & Trade
Detailed economic breakdown
Major Economic Sectors
Agriculture
7.4% (2023 est.)
Industry
18.8% (2023 est.)
Services
61.3% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Trade Volume
Exports:
$51.093 billion
Imports:
$88.83 billion
Major Trading Partners
Poland 12
Romania 9
Turkey 7
China 6
Spain 6
Economic Outlook
Ukraine has a 5.32% GDP growth rate with 12.85% inflation. The economy is characterized by a strong agriculture sector.