Sunday, June 23, 2019

Ukraine Economy


Population 43.8 million. Labor force 20.25 million. Poverty 25%, Unemployment 1.2%, 2019 Inflation 8.03%, 2018 Inflation 10.9%, 2017 Inflation 14.4%. Land area is 232,062 square miles.

Nominal GDP $124.6 billion, GDP Rank 57th
Nominal Per Capita GDP $2,963. GDP by sector agriculture 12.2%, industry 28.6% services 60% Labor force by occupation agriculture 5.8% industry 26.5% services 67.8%
Arable land 56.5%. Government owned land 25%.

Main industries are coal, electric power, metals, machinery, transportation equipment, chemicals, food.(wheat, corn).

Exports $59.2 billion in metals, fuel, petroleum products, chemicals, machinery, transportation equipment and food sold to Russia 9.1%, Poland 6.3%, Italy 5.7%, India 5.1%, China 4.9%, Egypt 4.2%

Imports $62.9 billion in natural gas, machinery, equipment and chemicals from Russia 16%, China 12%, Germany 11%, Poland 6.9% Belarus 6.6%, US 5.1%, Switzerland 3.4%.

Government revenue $39 billion, Spending $41 billion. Debt to GDP 61%. External debt $48 billion. Foreign Reserves $20.82 billion.


Crimea voted to leave Ukraine and become part of Russia by 80% in 2014. Land area is 10,425 square miles.


Norb Leahy, Dunwoody GA Tea Party Leader


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