>”Ukraine winds up the year of 2021 with the highest dollar GDP in its history, approximately USD 195 billion. Next year we plan to reach a high growth performance of gross domestic product due to the launch of a number of programs. In particular, it is a large-scale thermal modernization of residential buildings, comprehensive restoration of irrigation systems in southern Ukraine, mass cheap mortgage lending,active financing of exporters to further increase exports,” said the First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine.
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>Ukraine becoming more rich
>Russia wants to invade
Honestly, fuck Russia. If Ukraine ever goes back to Russian rule, they will remain poor. Did y’all know Russia’s GDP per capita is $11K? Russia is as poor as some countries in Africa & I’m sure there are African countries even richer.
No one with a shred of economic knowledge would ever want to be under Russian rule. You remain poor while Putin lives in a $1 trillion palace.
Wikipedia says the economic growth is expected to be about 3.1% for 2021 but that the economy shrunk 4% in 2020.
So basically they’re only roughly at the place they were pre-Covid, it’s just that dollar inflation increased the nominal amount.
Not great for an emerging market. Then again, pretty decent given the political uncertainty.
This is indeed the main problem for Putin: he can’t allow an independent and democratic Ukraine to be a success-story.
Almost every country will have the highest dollar GDP as the USD has lost 5% of its value this year.
Actually the real GDP growth in 2021 in Ukraine (3.5%) **underperforms** most of its neighbors. (Russia 4.7%, Romania 7%, Hungary 7.6%, Poland 5.1%)
From 2019 to 2021 it looks even worse, the only countries Ukraine overperformed in Eastern Europe are Moldova and Bosnia.
It is a government article which will always show the bright side.
13 comments
>”Ukraine winds up the year of 2021 with the highest dollar GDP in its history, approximately USD 195 billion. Next year we plan to reach a high growth performance of gross domestic product due to the launch of a number of programs. In particular, it is a large-scale thermal modernization of residential buildings, comprehensive restoration of irrigation systems in southern Ukraine, mass cheap mortgage lending,active financing of exporters to further increase exports,” said the First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine.
[deleted]
>Ukraine becoming more rich
>Russia wants to invade
Honestly, fuck Russia. If Ukraine ever goes back to Russian rule, they will remain poor. Did y’all know Russia’s GDP per capita is $11K? Russia is as poor as some countries in Africa & I’m sure there are African countries even richer.
No one with a shred of economic knowledge would ever want to be under Russian rule. You remain poor while Putin lives in a $1 trillion palace.
Wikipedia says the economic growth is expected to be about 3.1% for 2021 but that the economy shrunk 4% in 2020.
So basically they’re only roughly at the place they were pre-Covid, it’s just that dollar inflation increased the nominal amount.
Not great for an emerging market. Then again, pretty decent given the political uncertainty.
This is indeed the main problem for Putin: he can’t allow an independent and democratic Ukraine to be a success-story.
Almost every country will have the highest dollar GDP as the USD has lost 5% of its value this year.
Actually the real GDP growth in 2021 in Ukraine (3.5%) **underperforms** most of its neighbors. (Russia 4.7%, Romania 7%, Hungary 7.6%, Poland 5.1%)
From 2019 to 2021 it looks even worse, the only countries Ukraine overperformed in Eastern Europe are Moldova and Bosnia.
It is a government article which will always show the bright side.
[https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD](https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD)
Yeah! Good job, Eastern bros. Now please stay safe in case someone else wants some of your stuff.
Pewtin wants it.
Peering wants it all.
Unless their pop is shrinking, this should happen every year.
Just in time for whatever Russia has in store for them in 2022
> Attractive for foreign investments
> Under a threat of Russian invasion
Can’t fit these two together.
Just casual civilized and peace-loving europeans in the comments spitting venom. Just european things i guess.
And why do our Ukraine’s authorities prefer to use a dollar GDP? Maybe, coz it based on the unrealistically high official exchange rate, eh?