And that’s what happens when you pull away from russia.
If you adjust the inflation, they ware richer in 2008 than today
Isn’t Ukraine poorer than Moldavia per capita?
Also I believe they had a bigger economy before 2008 because of inflation and 200 billion dollars in 2022 is like 150 billion in 2008 after all that printing.
Congrats! Next couple of decades should be fantastic for economic growth if it’s not impeded by oligarchs or Russia too much.
You love to see it.
Can someone explain this article to me? It says GDP is 200 billion, which is almost 30% growth over 155 billion in 2020, but then there’s also this line:
>As a result, we achieved economic growth of 3% of GDP in spite of the forecasted 4.6%
What’s the actual value?
is this a good thing?
Gotta pump those numbers up
That is so low.
How is it the highest? They have not even reached 2013 levels…
This is certainly a good thing, but the figures should not be misleading. Real GDP growth is 3%.
This growth in nominal GDP is mainly due to inflation (both consumer +11% and industrial +57%) and the actual fixation of the exchange rate at last year’s level of 27 UAH/$ (thanks to a super-favourable foreign economic conjuncture).
For example, in 2020, dollar GDP increased by 1% and real GDP decreased by minus 4%.
11 comments
And that’s what happens when you pull away from russia.
If you adjust the inflation, they ware richer in 2008 than today
Isn’t Ukraine poorer than Moldavia per capita?
Also I believe they had a bigger economy before 2008 because of inflation and 200 billion dollars in 2022 is like 150 billion in 2008 after all that printing.
Congrats! Next couple of decades should be fantastic for economic growth if it’s not impeded by oligarchs or Russia too much.
You love to see it.
Can someone explain this article to me? It says GDP is 200 billion, which is almost 30% growth over 155 billion in 2020, but then there’s also this line:
>As a result, we achieved economic growth of 3% of GDP in spite of the forecasted 4.6%
What’s the actual value?
is this a good thing?
Gotta pump those numbers up
That is so low.
How is it the highest? They have not even reached 2013 levels…
This is certainly a good thing, but the figures should not be misleading. Real GDP growth is 3%.
This growth in nominal GDP is mainly due to inflation (both consumer +11% and industrial +57%) and the actual fixation of the exchange rate at last year’s level of 27 UAH/$ (thanks to a super-favourable foreign economic conjuncture).
For example, in 2020, dollar GDP increased by 1% and real GDP decreased by minus 4%.