Nominal GDP for Ukraine was US$200.2bn in 2021, down from US$145.4bn in 2020. The Ukrainian population was estimated at 43.5m in 2021 according to the IMF, while China is Ukraine’s biggest trading partner.

Variables Surveyed for Ukraine

Variables covered in our monthly analysis of Ukraine include:

  • Gross Domestic Product (GDP)
  • Household Consumption
  • Gross Fixed Investment
  • Industrial Production
  • Consumer Price Inflation
  • Money Supply
  • Budget Balance
  • Merchandise Exports
  • Merchandise Imports
  • Trade Balance
  • Current Account Balance
  • Foreign Exchange Reserves
  • Hryvnia Currency Forecasts
  • Monthly Inflation Forecasts

Consensus Forecasts for Ukraine

Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. In the hard copy and pdf version of the publication, we also show selected “comparison forecasters”  including the IMF. The table below shows a small example set of forecasts for GDP Growth and Consumer Prices (CPI), taken from our survey of September 2022.

Source: Eastern Europe Conensus Forecasts, September 2022

Special Surveys

In addition to the regular surveys for the variables listed above we also undertake a number of Special Surveys for Ukraine on topics such as:

Main Data Sources for Ukraine

  • State Statistics Service of Ukraine: State Statistics Committee of Ukraine is the government agency responsible for collection and dissemination of statistics in Ukraine.
  • The National Bank of Ukraine: National Bank of Ukraine is the central bank of Ukraine – a government body responsible for unified state policy in the field of country's monetary circulation, including strengthening of the national currency unit, hryvnia.

Comprehensive Forecasts Coverage

Consensus Economics has collected forecasts for more than 30 years, building up a comprehensive catalogue of historical forecasts data. Please enquire at should you wish to find out more about these data offerings, pricing and the different platforms by which you can access them.