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At the same time, compared to Q2, GDP was up 8.5%.
The gross domestic product of Ukraine in the third quarter (Q3) of 2020 decreased by 3.5% in annual terms, compared to the third quarter of 2019, the State Statistics Service wrote.
At the same time, against Q2 of 2020, GDP in the said period grew by 8.5%, the report says.
Background
The Ministry for Development of Economy, Trade, and Agriculture, the drop in the gross domestic product in the first nine months of 2020 slowed down to 5.5% after dropping 5.8% in January-August.
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