Ukraine

1980

2026

2030

Ukraine

1980

2026

2030

Ukraine Economic Statistics (2026)

What to know

GDP per capita (PPP) in 2026: $21,890—a middle income level.

The economy has been contracting, with negative average growth over recent years.

Inflation is high at 7.6%, eroding purchasing power.

Government debt exceeds 100% of GDP, a level that may constrain future policy options.

Key statistics for 2026

GDP per capita (PPP)

$21,890

GDP growth

+4.5%

Inflation rate

7.6%

Unemployment

10.2%

Key terms

GDP: — Gross Domestic Product—the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity—what money actually buys in each country.
GDP per capita: — GDP divided by population—a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

Output & Growth

Why is the economy shrinking?

Total economic output and annual growth rate

Total GDP is $224 billion, with steady growth of 4.5% in 2026.

Living Standards

How wealthy are citizens on average?

Average economic output per person

GDP per capita is $6,718 in nominal terms, but $21,890 when adjusted for local purchasing power—indicating lower prices than in the US.

Prices & Employment

How severe is inflation?

Consumer price inflation and labor market conditions

The economy is experiencing high inflation at 7.6% and high unemployment at 10.2%.

Government Finances

How high is government debt?

Government debt, revenue, and expenditure as percentage of GDP

Government debt is very high at 110% of GDP. The government spends more than it collects (revenue: 41.2%, expenditure: 51.4% of GDP).

External & Fiscal Balance

Why does the country run large deficits?

Fiscal balance and current account as percentage of GDP

The country is running a fiscal deficit of 10.1% and a current account deficit of 12.6% of GDP.

The bottom line

Ukraine is a middle-income economy with GDP per capita (PPP) of $22k. The economy has been contracting in recent years. High inflation (7.6%) is a challenge. Unemployment is elevated at 10.2%. Government debt exceeds GDP at 110%.