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Ukraine real GDPUkraine real GDPUkraine real GDP

Ukraine real GDP

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Key data points


Last release
—
Observation period
Q4 2023
Next release
—
Forecast
—
Highest
‪1.93 T‬ UAH on Dec 31, 2023
Lowest
‪96.17 B‬ UAH on Mar 31, 2001

About Ukraine real GDP


Category
GDP
Source
State Statistics Service
Frequency
Quarterly
Units
UAH

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Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Ukraine real GDP was 1.933 T UAH, and the quarter before that it reached 1.778 T UAH.