GDP in Ukraine up 2.1%: State Statistics Service

Earlier, on November 14, the statistics agency released preliminary estimates claiming that GDP growth in Ukraine in the third quarter also amounted to 2.1% in annual terms.

Read alsoUkraine’s Parliament approves State Budget-2018: Key figuresAccording to the updated data, compared with the second quarter of 2017, taking into account the seasonal factor, GDP grew by 0.2%, which also corresponds to earlier published estimates.

It is also noted that the nominal GDP in the third quarter was at UAH 821.3 billion, and GDP per capita – at UAH19,320.

According to the agency’s data, GDP growth in the third quarter in annual terms slowed after growing 2.3% in in the second quarter and by 2.5% in the first quarter.

Read alsoUkraine's central bank raises key rate, againAs UNIAN reported earlier, Ukraine’s GDP grew by 2.3% in 2016, being the first growth recorded over the last 4 years.

The International Monetary Fund on October 10 retained its forecast for a 2% real GDP growth in Ukraine in 2017.

On October 3, the World Bank also retained its 2% growth forecast for the Ukrainian economy in 2017.

The Cabinet of Ministers of Ukraine predicts economic growth this year at 2%, and the National Bank - at 2.2%.