Investor Presentaiton
Accumulated economic buffer to curb Covid-19 crisis (1/2)
2020 GDP in current
prices
US$
156bn
GDP per capita
dynamics, US$
2017
US$
2,640
+17%
US$
3,097
2018
+18%
Comments
In 2020, Ukraine's real GDP has declined by 4.0% which is
significantly lower than projected by the government
(-4.8%) and the IMF (-7.2%). In Q1 2021, the real GDP has
contracted by 2.2% followed by the preliminary growth of
5.4% in Q2 2021
YTD 2021, the key economic sector outputs started to
return to upward trend while remaining rather mild. Both
agriculture (2.5% y-o-y in Jan-Jul 2021) and industrial
production (1.8% y-o-y in Jan-Jul 2021) demonstrate
increase while construction index remains relatively
unchanged (0.2% y-o-y in Jan-Jul 2021)
Despite Covid-19, the private consumption remained
strong in Q1 2021 after quick return to growth in Q3
2020, while the fixed capital accumulation remains negative
Key economic sectors output growth (y-o-y)¹, %
Real GDP growth (y-o-y)², %
3.4%
3.2%
2.4%
2.5%
(4.0)%
(2.2)%
5.4%
4.0%
3.4% 3.4%
2016 2017 2018 2019 2020 Q1'21 Q2 '21 2021E 2022E 2023E
Sources State Statistics Service of Ukraine
Component contribution into real GDP growth, %
55%
45%
2019
US$
35%
3,663
25%
15%
+2%
5%
(5%)
(15%)
US$
3,727
(25%)
2020
(35%)
September 2021
Jan
Agriculture
Construction
7.4% 7.0%
6.3% 5.9%
2.8%
2.5%
1.8%
2.3% 2.0%
3.9% 3.8%
1.2%
1.8%
2.5%
0.2%
(0.9)%
Private consumption
(3.2)% (3.8)%
(3.9)%
■Gross fixed capital accumulation
Industrial production index
(5.9)%
Jan-Apr
Jan-Jul
(7.5)%
2016 2017
2018 2019
Q1'20
Q2'20 Q3'20 Q4'20
Q1'21
2016
Jan-Apr
8 Jan-Jul
2018
2019
Jan-Oct
Jan
Jan-Apr
Jan-Jul
Jan-Oct
Jan
Jan-Jul
Jan-Apr
Jan-Oct
Jan
Jan-Apr
Jan-Oct
8 Jan-Jul
Jan
Jan-Apr
8 Jan-Jul
2020 2021
Jan-Oct
Jan
Source State Statistics Service of Ukraine
Source State Statistics Service of Ukraine
Notes
1
2
To the corresponding period of the previous year on a cumulative basis
2021-2023 data according to the latest IMF's projections
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