Ukraine’s GDP slowed down to 1.5% in Q4 2019

According to the State Statistics Service, the growth of real gross domestic product in Ukraine slowed down to 1.5% in Q4 2019 compared to the same period of 2018.

In the earlier quarters of 2019, GDP growth rate was higher: 4.1% in Q3, 4.6% in Q2, 2.5% in Q1. In general, this is the lowest GDP growth rate since Q2 2016.

At the same time, real GDP increased by 0.1% in Q4, after seasonal adjustment, compared to Q3.

As GMK Center reported earlier, Ukraine’s GDP growth rate slowed down to 3.3% in 2019 (from 3.4% in 2018). This was stated in the report of the Ministry for Development of Economy, Trade and Agriculture of Ukraine titled Overview of Economic Activity 2019.

In 2019, industrial production in Ukraine decreased by 1.8% compared to 2018. Importantly, a steady downward trend was recorded from June to December last year.

Share
Published by
Aleksandr
Tags: State Statistics Service Ukraine’s GDP macroeconomics GDP
  • Global Market

France reduced steel production by 20.6% y/y in May

In May 2025, French steel enterprises reduced steel production by 20.6% compared to May 2024,…

Wednesday June 25, 2025
  • Companies

Třinecké železárny produced 2.42 million tons of steel in 2024

In 2024, Czech steel giant Třinecké železárny (TŽ) increased its steel production to 2.425 million…

Wednesday June 25, 2025
  • State

The German government has approved a draft budget with a high level of borrowing

On June 24, the German government approved the draft federal budget for 2025, along with…

Wednesday June 25, 2025
  • Companies

Interpipe supplied premium pipes for gas production in Romania

Ukrainian industrial company Interpipe has supplied premium pump and compressor pipes to Romania. This is…

Wednesday June 25, 2025
  • Global Market

The UK tightens quotas on steel imports from Vietnam, South Korea, and Algeria

The UK plans to introduce tougher-than-expected restrictions on steel imports from Vietnam, South Korea, and…

Wednesday June 25, 2025
  • Companies

Rio Tinto and Hancock invest $1.6 billion in iron ore project in Australia

Australian-British mining company Rio Tinto and Australian producer Hancock Prospecting are investing $1.6 billion in…

Wednesday June 25, 2025