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Economy 2020-11-22T04:01:41+02:00
Ukrainian news
Ukraine's GDP Down 3.5% In Q3

Ukraine's GDP Down 3.5% In Q3

GDP, State Statistics Service, gross domestic product

According to the latest data, in July-September 2020, real gross domestic product (GDP) decreased by 3.5% year over year.

The State Statistics Service announced this in a statement, Ukrainian News Agency reports.

Compared to the second quarter of 2020, GDP increased by 8.5% (taking into account the seasonal factor and excluding the temporarily occupied territory of the Autonomous Republic of Crimea and the city of Sevastopol).

The State Statistics Service specifies figures of the real gross domestic product during a year.

As Ukrainian News Agency earlier reported, according to the latest data, in April-June 2020, real gross domestic product (GDP) decreased by 11.4% (in constant prices in 2016) year over year to UAH 867.782 billion (in actual prices).

In 2019, real gross domestic product increased by 3.2% compared to 2018 (at constant 2016 prices) to UAH 3,974.564 billion (in actual prices) (excluding the temporarily occupied territory of the Autonomous Republic of Crimea and the city of Sevastopol).

The state budget for 2020 was developed on the basis of the macroeconomic forecast, which provides for the growth of real GDP by 3.7%.

Больше новостей о: GDP State Statistics Service gross domestic product

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