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Ukraine GDP Growth Rate (QoQ)

Ukraine's Gross Domestic Product grew by 0.2% in the second quarter of 2024. This is a slowdown from the 1.2% growth recorded in the first quarter of 2024. This represents the lowest Quarter-over-Quarter GDP growth rate for Ukraine since the fourth quarter of 2022. Ukraine's record low GDP growth was -19.3% in the first quarter of 2022 and its record high was 9% in the third quarter of 2022.

Quarterly Historical Data (2014-2024)

(in %)
Quarter GDP Growth Rate (QoQ)
Q2 2024 0.2%
Q1 2024 1.2%
Q3 2023 0.7%
Q2 2023 0.8%
Q1 2023 2.4%
Q4 2022 -4.7%
Q3 2022 9%
Q2 2022 -19.2%
Q1 2022 -19.3%
Q4 2021 1.9%
Q3 2021 1.5%
Q2 2021 -0.7%
Q1 2021 -1.2%
Q4 2020 0.8%
Q3 2020 8.5%
Q2 2020 -9.9%
Q1 2020 -0.7%
Q4 2019 0%
Q3 2019 0.6%
Q2 2019 1.6%
Q1 2019 0.3%
Q4 2018 1.1%
Q3 2018 0.7%
Q2 2018 1%
Q1 2018 0.9%
Q4 2017 0.5%
Q3 2017 0.5%
Q2 2017 0.8%
Q1 2017 0.1%
Q4 2016 1.9%
Q3 2016 1.4%
Q2 2016 0.9%
Q1 2016 0.5%
Q4 2015 1.4%
Q3 2015 1.1%
Q2 2015 -1.4%
Q1 2015 -3.5%
Q4 2014 -4.1%
Q3 2014 -4.7%
Ukraine GDP Growth Rate (QoQ) : Definition
Ukraine's quarterly GDP growth rate shows the percentage change in the nation's total economic output from one quarter to the next. It compares current quarter GDP, measured in Ukrainian Hryvnia (UAH), to the previous quarter's GDP. Growth reflects changes in consumption, investment, government spending and net exports.
Indicator Last Value Prior Value Period
GDP $190.74B $181.22B 2024
GDP Annual Growth Rate 2.91% 5.53% 2024
GDP Growth Rate (YoY) 0.9% -0.1% Mar'25
GDP per Capita $2,219.04 $2,164.26 2024
GDP per Capita PPP $16,319.84 $15,916.96 2024
R&D Expenditure (% GDP) 0.33% 0.33% 2023
Real GDP $78.54B $76.31B 2024