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Ukraine – GDP Growth

Annual percentage growth rate of GDP at market prices based on constant local currency. A negative value indicates economic contraction. · World Bank
2.91% −2.62pp from 2023 G20 rank: 110th · all-time high: 11.80% (2004)

Ukraine's gdp growth was 2.91% in 2024, a decrease of +2.62pp from 5.53% in 2023. This ranked 110th in the G20. The all-time high was 11.80% in 2004.

APA

Ukraine GDP Growth. HistorySaid. Retrieved March 11, 2026, from https://historysaid.com/ukraine/gdp-growth

BibTeX

@misc{historysaid_ukraine_gdp-growth,
  title = {Ukraine GDP Growth},
  url = {https://historysaid.com/ukraine/gdp-growth},
  publisher = {HistorySaid},
  year = {2026}
}
Data & Projection
Ukraine GDP Growth – Historical Data
YearValueChangeRank
2030* IMF 4.10%
2029* IMF 4.20%
2028* IMF 4.30%
2027* IMF 4.80%
2026* IMF 4.50%
2025* IMF 2.00%
2024 2.91% −2.62pp 110th
2023 5.53% +34.29pp 33rd
2022 -28.76% −32.20pp 208th
2021 3.45% +7.20pp 147th
2020 -3.75% −6.95pp 101st
2019 3.20% −0.29pp 89th
2018 3.49% +1.13pp 90th
2017 2.36% −0.08pp 140th
2016 2.44% +12.21pp 129th
2015 -9.77% +0.31pp 207th
Show all years (1988–2024)
* IMF World Economic Outlook projection
Detected Pattern
Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 20.2% Real rate -12.1%
This pattern occurred 329 times in G20 history, 239 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%
HistorySaid – pattern alert

Ukraine matched the Fiscal Dominance Trap pattern in 2022. Historically, 73% of countries showing this pattern (239 out of 329) saw gdp growth improve within 24 months. View full analysis →