Ukraine’s economy continues to grow slowly.
The Ukrainian economy is growing very slowly in comparison with other developing countries.
The state statistics service confirmed its preliminary estimate that gross domestic product (GDP) of Ukraine in January-March 2018 amounted to 3.1% compared to the same period of 2017.
According to the statistical office, nominal GDP for the quarter amounted to 700,4 billion, but GDP per one person – UAH 16537, changing the deflator – 14,9%.
In January, the international monetary Fund raised its forecast for global growth in 2018 to 3.9%, while in developing countries, GDP will grow by 5.0%.
Ukraine’s economy is officially out of recession, which lasted from the second half of 2012, in the first half of 2016.
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