According to the latest data, in October-December 2020, real gross domestic product (GDP) decreased by 0.7% year over year.
The State Statistics Service announced this in a statement, Ukrainian News Agency reports.
Compared to the third quarter of 2020, GDP increased by 0.8% (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, according to the latest data, in July-September 2020, real gross domestic product (GDP) decreased by 3.5% (in constant 2016 prices) compared to the same period in 2019 to UAH 1,156.797 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%.
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