REUTERS
Ukraine also ranks last in Europe by the size of the official average salary.
Ukraine is the poorest country in Europe according to data from the new report of the International Monetary Fund, said Volodymyr Kompaniets, an economist who manages a private investment fund in the U.S. stock market.
“Updated infographics, which show right away the economic situation in Ukraine and where we are compared with other countries. In the IMF's new report on GDP per capita, we were bypassed by Moldova, while we bypassed Papua New Guinea,” Kompaniets wrote.
He noted that in the new report, the Fund not only showed an increased GDP in Ukraine, it also revised its GDP assessment for other countries.
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In particular, the indicators of Moldova changed radically, which led to a significant improvement in its results. Now Moldova ranks 133rd in the world with $2694,469 of GDP per capita, while Ukraine is 134th in the world with $2656,01 of GDP per capita.
The official salary in Moldova was also significantly higher than in Ukraine. Thus, the average official salary in Moldova in the second quarter of 2018 was $375.82 (6369.8 lei), while in Ukraine it was $325.53 (UAH 8,529).
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“In terms of the official average salary, Ukraine also ranks last in Europe,” Kompaniets noted.
As UNIAN reported earlier, the IMF lowered the estimates for Ukraine's GDP growth in 2019 to 2.7% from 3.3%, predicted in April.
The Fund also worsened the growth forecast for 2020 to 3.4% from 4%.