Ukraine

Description of Ukraine

As a pivotal country in Eastern Europe, Ukraine holds a strategic geopolitical position and a rich history that has shaped its current economic and political landscape. With a population of over 40 million people, Ukraine has been transitioning from its Soviet past towards a more Western-oriented future since gaining independence in 1991. Blessed with fertile agricultural land, abundant natural resources, and a highly skilled workforce, Ukraine has the potential to become a key player in the region and beyond. Understanding the macroeconomic indicators and geopolitical dynamics at play in Ukraine is crucial for grasping its development trajectory and its interactions with neighboring countries and global powers.

Population And Age Structure

Population, total: Ukraine's total population of 44,132,049 is above the average population of 40,097,746. Ukraine ranks 34th out of 194 countries in terms of population.

Population ages 0-14 (% of total population): Ukraine's percentage of population ages 0-14 at 15.33% is below the average of 27.34%. Ukraine ranks 171st out of 194 countries in this demographic.

Population ages 0-14, total: Ukraine's total number of population ages 0-14 is 6,764,221, below the average of 10,327,380. Ukraine ranks 59th out of 194 countries in this age group.

Population ages 15-64 (% of total population): Ukraine's percentage of population ages 15-64 is 67.48%, above the average of 63.44%. Ukraine ranks 45th out of 194 countries in this demographic.

Population ages 15-64, total: Ukraine's total number of population ages 15-64 is 29,781,504, above the average of 26,003,407. Ukraine ranks 31st out of 194 countries in this age group.

Population ages 65 and above (% of total population): Ukraine's percentage of population ages 65 and above at 17.19% is above the average of 9.22%. Ukraine ranks 34th out of 194 countries in this demographic.

Population ages 65 and above, total: Ukraine's total number of population ages 65 and above is 7,586,325, above the average of 3,766,959. Ukraine ranks 19th out of 194 countries in this age group.

Summary

Ukraine has a total population above the global average, with a higher percentage of working-age population (15-64 years) compared to the global average. However, it also has a higher percentage of population aged 65 and above, indicating potential implications for healthcare, pension systems, and workforce composition in the future.

Population Miscellaneous

For Rural population, Ukraine's value of 13,412,612 is below the average of 18,044,041. Ukraine is ranked 39 out of 190 countries in this dataset.

Ukraine's Rural population (% of total population) stands at 30.392, which is below the average of 41.158%. Ukraine is ranked 122 out of 190 countries in this dataset.

With an Urban population of 30,719,437, Ukraine exceeds the average of 22,425,747. Ukraine is ranked 30 out of 194 countries in this dataset.

Ukraine's Urban population (% of total population) at 69.608% is above the average of 59.691%. Ukraine is ranked 73 out of 194 countries in this dataset.

The Age dependency ratio for Ukraine is 48.186%, below the average of 59.219%. Ukraine is ranked 150 out of 194 countries in this dataset.

Ukraine's Birth rate, crude, at 7.8 per 1,000 people, is below the average of 19.384. Ukraine is ranked 187 out of 192 countries in this dataset.

In terms of Death rate, crude, Ukraine's rate of 15.9 per 1,000 people is above the average of 8.214. Ukraine is ranked 4 out of 192 countries in this dataset.

The Fertility rate, total, for Ukraine is 1.217 births per woman, below the average of 2.603. Ukraine is ranked 185 out of 190 countries in this dataset.

Summary

Ukraine exhibits lower-than-average values in key demographic indicators such as Rural population, Rural population (% of total population), Birth rate, crude, and Fertility rate, total. Conversely, Ukraine surpasses the average in Urban population and Urban population (% of total population), while having a notably higher Death rate, crude. These statistics are crucial as they reflect Ukraine's demographic composition, urbanization trends, and the country's population dynamics. Understanding these indicators is essential for policymakers to make informed decisions regarding healthcare, infrastructure development, social welfare programs, and long-term economic planning.

Military

Analysis of Key Military and Defense Statistics for Ukraine:

Summary

The analysis of key military and defense statistics for Ukraine reveals that the country maintains a relatively high military expenditure compared to its GDP, exceeding the global average. Additionally, Ukraine has a larger than average number of armed forces personnel. Despite this, the country's arms imports and exports are below average.

These findings are crucial as they indicate that Ukraine prioritizes defense spending and has a sizeable military presence compared to global averages. The lower arms imports and exports suggest a potential for domestic defense industry growth or reliance on other sources for military equipment.

Natural Resources

Ukraine's forest area spans 96,900 sq. km, ranking 54th out of 191 countries. This is below the global average forest area of 211,606 sq. km.

With a land area of 579,400 sq. km, Ukraine ranks 44th out of 194 countries, below the average land area of 665,167 sq. km.

Ukraine's surface area of 603,550 sq. km positions it at 44th out of 194 countries, below the average surface area of 689,780 sq. km.

Having 32,924,000 hectares of arable land, Ukraine ranks 9th out of 190 countries, significantly higher than the average of 7,329,543 hectares.

Ukraine's land under cereal production is 14,986,392 hectares, ranking 11th out of 174 countries. This surpasses the average of 4,206,012 hectares.

The average precipitation in Ukraine is 565 mm per year, lower than the global average of 1,158 mm per year. Ukraine ranks 133rd out of 178 countries in this aspect.

Ukraine's renewable internal freshwater resources total 55.1 billion cubic meters, placing it at 73rd out of 178 countries. This is below the average of 240.4 billion cubic meters.

Summary

Ukraine stands out with its vast arable land, ranking 9th globally with 32,924,000 hectares available for cultivation. Additionally, its land under cereal production significantly surpasses the global average, showcasing its strong agricultural foundation. However, Ukraine faces challenges with lower-than-average precipitation levels and renewable freshwater resources, indicating potential risks to its agricultural sector and overall water security.

These findings are crucial as they highlight Ukraine's strengths and vulnerabilities in agriculture, a key sector for its economy. The country's abundance of arable land presents opportunities for agricultural development and export potential. On the other hand, the scarcity of freshwater resources and lower precipitation levels underscore the need for sustainable water management strategies to ensure long-term agricultural productivity and food security.

Resource Rents

Ukraine's total natural resources rents account for 1.09% of its GDP, which is below the average of 4.63%. This places Ukraine at rank 101 out of 175 countries included in the data.

Coal rents in Ukraine make up 0.18% of its GDP, lower than the average of 0.40%. Ukraine ranks 17 out of 65 countries in this aspect.

Forest rents in Ukraine contribute 0.27% to its GDP, below the average of 1.53%. Ukraine holds the 85th position out of 174 countries in this category.

Oil rents in Ukraine stand at 0.19% of its GDP, significantly lower than the average of 2.51%. Ukraine is ranked 55th out of 117 countries for oil rents.

Natural gas rents in Ukraine amount to 0.33% of its GDP, falling below the average of 1.25%. Ukraine's rank for natural gas rents is 35 out of 96 countries.

Mineral rents in Ukraine represent 0.12% of its GDP, which is less than the average of 1.23%. Ukraine is ranked 54th out of 86 countries in terms of mineral rents.

Summary

Ukraine's natural resource rents as a percentage of GDP are notably below global averages across various sectors such as coal, forest, oil, natural gas, and minerals. This indicates a potential underutilization or undervaluation of the country's natural resources compared to its peers. Given the importance of natural resources in driving economic growth, maximizing the efficient and sustainable extraction of these resources could significantly boost Ukraine's GDP and enhance its competitiveness on the global stage.

Commodities

Ukraine's Cereal production of 64,343,120.16 metric tons is significantly above the attribute average of 17,249,945.93 metric tons, ranking 9th out of 174 countries in the dataset.

Ukraine's Aquaculture production of 18,567.8 metric tons is below the attribute average of 679,642.92 metric tons, placing it at a rank of 64 out of 180 countries.

Ukraine's Capture fisheries production of 69,467.1 metric tons is also below the attribute average of 467,453.06 metric tons, ranking 89th out of 190 countries.

Ukraine's Total fisheries production of 88,034.9 metric tons is below the attribute average of 1,153,914.85 metric tons, ranking 85th out of 182 countries.

Ukraine's Fertilizer consumption of 75.59 kilograms per hectare of arable land is below the attribute average of 159.04 kilograms, resulting in a rank of 106 out of 187 countries.

Summary

Ukraine performs exceptionally well in cereal production, ranking 9th globally, but falls behind in aquaculture, capture fisheries, total fisheries production, and fertilizer consumption, ranking 64th, 89th, 85th, and 106th respectively. These indicators are crucial for assessing Ukraine's agricultural sector's efficiency, sustainability, and competitiveness on a global scale, offering insights into the country's food security, economic development, and environmental impact.

Intellectual Property

Ukraine has 2391 industrial design applications by nonresidents, which is higher than the average of 1415.83. It ranks 16th out of 112 countries in this attribute data.

For industrial design applications by residents, Ukraine has 3228 applications, below the average of 9799.58. It also ranks 16th out of 113 countries in this category.

Ukraine's 1822 patent applications by nonresidents are below the average of 6538.40. It ranks 27th out of 129 countries in this aspect.

The country's 1361 patent applications by residents are significantly lower than the average of 19037.56, ranking 26th out of 117 countries.

With 24153 trademark applications by nonresidents, Ukraine exceeds the average of 15878.93. It ranks 23rd out of 130 countries in this metric.

Ukraine's 38496 trademark applications by residents fall below the average of 111055.78, placing it at 23rd out of 129 countries.

Regarding scientific and technical journal articles, Ukraine's value of 12776.85 is below the average of 15103.76. It ranks 36th out of 192 countries in this field.

Charges for the use of intellectual property payments amount to $495,000,000 in Ukraine, significantly lower than the average of $3,218,843,494.39. The country ranks 46th out of 143 in this regard.

On the other hand, Ukraine's charges for the use of intellectual property receipts total $74,000,000, which is notably below the average of $3,191,687,117.58. It ranks 48th out of 122 countries.

Ukraine has 846.25 researchers in R&D per million people, which is lower than the average of 2556.45. The country ranks 45th out of 72 countries for this statistic.

Summary

Ukraine performs below average in most key macroeconomic indicators related to intellectual property rights, innovation, and research and development. It ranks moderately across these metrics compared to global averages, indicating a need for increased domestic innovation and investment in R&D. Improving these areas can boost economic growth, enhance competitiveness, and attract more foreign investment, ultimately leading to long-term sustainable development for Ukraine.

Broad Economy Attributes

Ukraine's GDP (current US$) is $156.62 billion, ranking 54 out of 189 countries. It is below the average GDP of $442.87 billion.

Ukraine's GDP, PPP (current international $) is $546.98 billion, ranking 39 out of 181 countries. It is below the average GDP, PPP of $734.14 billion.

Ukraine's GDP per capita (current US$) is $3,751.74, ranking 119 out of 190 countries. It is below the average GDP per capita of $15,462.11.

Ukraine's GDP per capita, PPP (current international $) is $13,102.80, ranking 94 out of 181 countries. It is below the average GDP per capita, PPP of $21,251.89.

Ukraine's GNI (current US$) is $160.04 billion, ranking 52 out of 185 countries. It is below the average GNI of $452.04 billion.

Ukraine's GNI, PPP (current international $) is $558.93 billion, ranking 38 out of 181 countries. It is below the average GNI, PPP of $730.70 billion.

Ukraine's GNI per capita, PPP (current international $) is $13,390, ranking 90 out of 181 countries. It is below the average GNI per capita, PPP of $20,615.75.

Summary

Ukraine's key macroeconomic indicators, including GDP, GDP per capita, and GNI, are below the global averages, indicating that the country's economy is performing below the global standards. This signifies potential challenges in economic development, income distribution, and overall prosperity for the Ukrainian population. Addressing these discrepancies and striving for economic growth above the global averages is crucial for Ukraine's sustainable development and competitiveness on the world stage.

Broad Value Added

1. Gross value added at basic prices (GVA) in Ukraine is $134.53 billion, ranking 50th out of 176 countries. This value is significantly below the average of $360.07 billion.

2. Agriculture, forestry, and fishing value added in Ukraine accounts for 9.31% of GDP, ranking 78th out of 182 countries. This percentage is below the average of 10.86%.

3. The value added in Agriculture, forestry, and fishing in Ukraine is $14.58 billion, ranking 38th out of 182 countries. This figure is notably lower than the average of $19.92 billion.

4. Services value added in Ukraine represents 55.79% of GDP, ranking 95th out of 183 countries. This percentage is slightly below the average of 56.72%.

5. Services value added in Ukraine amounts to $87.38 billion, ranking 54th out of 183 countries. This value is significantly lower than the average of $295.84 billion.

6. Industry (including construction) value added in Ukraine is $32.58 billion, ranking 57th out of 183 countries. This value is notably below the average of $118.42 billion.

Summary

Ukraine's economy faces challenges as it ranks below average in key macroeconomic indicators such as Gross Value Added (GVA), Agriculture, forestry, and fishing value added, Services value added, and Industry value added. The country's GVA, sectoral contributions to GDP, and industry value added are notably lower than global averages, indicating potential areas for growth and development. Addressing these disparities and enhancing productivity in these sectors could boost Ukraine's economic performance and competitiveness on the global stage.

Manufacturing Value Added

1. Manufacturing, value added (current US$): Ukraine's value of 15,820,555,329.93 is significantly below the average of 76,207,179,589.66. Ukraine ranks 58 out of 173 countries in this attribute.

2. Manufacturing, value added (% of GDP): Ukraine's value of 10.10% is below the average of 11.90%. Ukraine ranks 103 out of 173 countries in this attribute.

3. Medium and high-tech manufacturing value added (% manufacturing value added): Ukraine's value of 27.56% is above the average of 24.49%. Ukraine ranks 58 out of 149 countries in this attribute.

4. Chemicals (% of value added in manufacturing): Ukraine's value of 8.55% is below the average of 11.56%. Ukraine ranks 52 out of 89 countries in this attribute.

5. Food, beverages and tobacco (% of value added in manufacturing): Ukraine's value of 28.97% is above the average of 24.51%. Ukraine ranks 29 out of 92 countries in this attribute.

6. Machinery and transport equipment (% of value added in manufacturing): Ukraine's value of 17.55% is above the average of 16.85%. Ukraine ranks 42 out of 93 countries in this attribute.

7. Textiles and clothing (% of value added in manufacturing): Ukraine's value of 2.87% is below the average of 6.33%. Ukraine ranks 52 out of 93 countries in this attribute.

8. Other manufacturing (% of value added in manufacturing): Ukraine's value of 42.07% is slightly below the average of 42.13%. Ukraine ranks 45 out of 94 countries in this attribute.

Summary

Ukraine's manufacturing sector, as indicated by key macroeconomic indicators, shows mixed performance compared to global averages. While the country's overall manufacturing value added is significantly below average, it excels in medium and high-tech manufacturing as well as in food, beverages, and tobacco production. This diverse industry composition can indicate both areas of strength and opportunities for growth and diversification, highlighting the importance of strategic industrial development and investment in Ukraine's economic future.

Money

Ukraine's consumer price inflation rate is 2.73%, lower than the average of 8.26%. It ranks 69 out of 165 countries in this data set.

The GDP deflator inflation rate for Ukraine is 10.29%, above the average of 6.90%. Ukraine ranks 17 out of 188 countries for this metric.

Ukraine's broad money growth is 28.62%, higher than the average of 18.03%. It ranks 9 out of 139 countries included in the dataset.

With broad money as a percentage of GDP at 43.82%, Ukraine is below the average of 71.75%. It holds the 99th rank out of 139 countries for this indicator.

Ukraine's broad money to total reserves ratio is 2.36, below the average of 5.17. It ranks 82 out of 126 countries in this dataset.

Summary

Ukraine demonstrates a mixed macroeconomic performance compared to global averages and rankings. While the country experiences relatively low consumer price inflation and high GDP deflator inflation, indicating possible cost-push pressures, it showcases robust broad money growth but a lower broad money to GDP ratio and total reserves ratio. These indicators collectively suggest a complex economic environment with potential challenges in managing price levels, monetary policies, and fiscal sustainability.

Consumption Expenditure

- Final consumption expenditure (current US$): Ukraine's value of $144.99 billion is significantly below the average of $381.63 billion, placing Ukraine at rank 50 out of 159 countries.

- Final consumption expenditure (% of GDP): Ukraine's value of 92.58% is above the average of 82.37%, positioning Ukraine at rank 36 out of 159 countries.

- General government final consumption expenditure (current US$): Ukraine's value of $30.22 billion is notably below the average of $93.68 billion, ranking Ukraine at 52 out of 158 countries.

- General government final consumption expenditure (% of GDP): Ukraine's value of 19.30% is slightly above the average of 18.71%, placing Ukraine at rank 67 out of 158 countries.

- Household and NPISHs Final consumption expenditure (current US$): Ukraine's value of $114.78 billion is considerably below the average of $290.13 billion, positioning Ukraine at rank 46 out of 158 countries.

- Households and NPISHs final consumption expenditure (% of GDP): Ukraine's value of 73.29% is higher than the average of 63.68%, placing Ukraine at rank 43 out of 158 countries.

Summary

Ukraine has lower final consumption expenditure both in absolute terms and as a percentage of its GDP compared to global averages, placing it at ranks 50 and 36 respectively out of 159 countries. Particularly, the country's general government final consumption expenditure is notably below average, indicating potential limitations in public sector spending. These statistics are crucial as they provide insights into Ukraine's economic strength, resource allocation, and potential for future growth.

Equities

Regarding the S&P Global Equity Indices (annual % change), Ukraine experienced a growth rate of approximately 25.66%, significantly surpassing the attribute average of 2.06%. This places Ukraine at a commendable rank of 7 out of 79 countries in the dataset.

Summary

Ukraine's S&P Global Equity Indices grew by 25.66%, far exceeding the global average of 2.06%, positioning Ukraine as the 7th best performer out of 79 countries analyzed. This exceptional growth underscores Ukraine's strong economic performance and attractiveness to investors, signaling a potential for further economic development and prosperity.

Investment

1. Foreign direct investment, net (BoP, current US$): Ukraine's value of $58,000,000 is significantly below the average of -$1,615,235,980.51, ranking 33 out of 169 countries.

2. Foreign direct investment, net inflows (BoP, current US$): Ukraine's value of $304,000,000 is below the average of $5,749,271,080.15, ranking 105 out of 182 countries.

3. Foreign direct investment, net inflows (% of GDP): Ukraine's value of 0.19% is below the average of 2.61%, ranking 148 out of 178 countries.

4. Foreign direct investment, net outflows (BoP, current US$): Ukraine's value of $362,000,000 is below the average of $5,707,991,116.07, ranking 55 out of 156 countries.

5. Foreign direct investment, net outflows (% of GDP): Ukraine's value of 0.23% is below the average of 1.00%, ranking 75 out of 155 countries.

6. Portfolio Investment, net (BoP, current US$): Ukraine's value of $829,000,000 is above the average of $679,559,169.57, ranking 44 out of 159 countries.

7. Portfolio investment, bonds (PPG + PNG) (NFL, current US$): Ukraine's value of $942,324,000 is below the average of $4,134,263,915.25, ranking 21 out of 59 countries.

8. Portfolio equity, net inflows (BoP, current US$): Ukraine's value of $173,000,000 is significantly below the average of $9,197,145,994.70, ranking 30 out of 125 countries.

Summary

Ukraine experiences lower levels of foreign direct investment compared to global averages, both in terms of inflows and outflows as a percentage of GDP. However, the country performs relatively better in portfolio investments, with net portfolio investment and portfolio equity net inflows ranking higher than average. These indicators are crucial as they reflect investor confidence in Ukraine's economy, with higher values indicating potential for economic growth and stability.

Debt

Ukraine's Total debt service (% of GNI) stands at 10.87%, significantly higher than the average of 5.98%. This places Ukraine at rank 17 out of 120 countries.

The Public and publicly guaranteed debt service (% of GNI) in Ukraine is 4.30%, above the average of 2.84%. Ukraine ranks 26 out of 120 countries for this metric.

Ukraine's External debt stocks (% of GNI) are at 82.74%, indicating a value higher than the average of 65.42%. In this aspect, Ukraine ranks 26 out of 120 countries.

Debt service on external debt, total (TDS, current US$), in Ukraine amounts to $17.4 billion. This surpasses the average of $9.8 billion and positions Ukraine at rank 14 out of 123 countries.

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in Ukraine is $6.88 billion, higher than the average of $3.31 billion. Ukraine ranks 14 out of 123 countries in this category.

Ukraine's External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) are valued at $42.3 billion, above the average of $28.7 billion, placing Ukraine at rank 20 out of 123 countries.

External debt stocks, private nonguaranteed (PNG) (DOD, current US$) in Ukraine amount to $53.9 billion, notably higher than the average of $33.7 billion. Ukraine ranks 12 out of 91 countries for this parameter.

Ukraine's External debt stocks, total (DOD, current US$) reach $132.4 billion, surpassing the average of $73.8 billion. This places Ukraine at rank 16 out of 123 countries.

Summary

Ukraine's macroeconomic indicators show that the country has relatively high levels of debt compared to the global averages. The country ranks within the top 30 in various debt-related categories, such as total debt service, external debt stocks, and debt service on external debt. These indicators are crucial as they demonstrate Ukraine's financial obligations and the potential strain on its economy in meeting these debt repayments, which could impact its overall economic stability and development.

Broad Trade Attributes

1. Trade (% of GDP): Ukraine's trade accounts for 79.16% of its GDP, slightly below the average of 82.34%. This places Ukraine at rank 63 out of 163 countries in the dataset.

2. Merchandise trade (% of GDP): Ukraine's merchandise trade represents 66.10% of its GDP, higher than the average of 60.01%. Ukraine ranks 50 out of 186 countries in this aspect.

3. Trade in services (% of GDP): Ukraine's trade in services makes up 17.07% of its GDP, which is below the average of 24.63%. Ukraine is ranked 80 out of 171 countries in this category.

4. External balance on goods and services (current US$): Ukraine shows a deficit of -2369876402.60 USD in its external balance, significantly lower than the average of 3405509011.13 USD. It ranks 121 out of 163 countries in this measure.

5. External balance on goods and services (% of GDP): Ukraine's external balance accounts for -1.51% of its GDP, below the average of -5.97%. Ukraine ranks 75 out of 163 countries in this metric.

Summary

Ukraine's trade as a percentage of GDP is slightly below the global average, with merchandise trade surpassing the average. However, trade in services falls below the global average. The country exhibits a deficit in its external balance, lower than the global average both in absolute terms and as a percentage of GDP. These indicators are crucial as they reflect Ukraine's level of integration in the global economy, its reliance on merchandise trade, and the impact of its trade balance on the overall economy.

Net Trade

1. Current account balance (BoP, current US$): Ukraine's current account balance is $5.27 billion, significantly above the average of $1.44 billion, ranking 26th out of 170 countries.

2. Current account balance (% of GDP): Ukraine's current account balance as a percentage of GDP is 3.36%, higher than the average of -2.36%, placing it 36th out of 170 countries.

3. Net trade in goods and services (BoP, current US$): Ukraine has a net trade deficit of $2.38 billion, below the average of $2.60 billion, ranking 123rd out of 171 countries.

4. Net primary income (BoP, current US$): Ukraine's net primary income stands at $3.55 billion, surpassing the average of -$903.81 million, and ranks 17th out of 170 countries.

5. Net secondary income (BoP, current US$): Ukraine's net secondary income amounts to $4.10 billion, higher than the average of -$269.23 million, placing it 29th out of 170 countries.

6. Net trade in goods (BoP, current US$): Ukraine shows a net trade deficit of $6.78 billion, below the average of $1.30 billion, ranking 146th out of 171 countries.

7. Net capital account (BoP, current US$): Ukraine's net capital account is -$3 million, significantly below the average of $136.54 million, placing it 125th out of 159 countries.

8. Net financial account (BoP, current US$): Ukraine's net financial account is $6.02 billion, exceeding the average of -$469.84 million, and ranks 27th out of 170 countries.

Summary

Ukraine demonstrates a positive current account balance, net primary income, net secondary income, and net financial account, showing strength in its external financial dealings. However, it faces challenges with a net trade deficit in goods and services, as well as net trade deficit in goods, indicating an imbalance in trade. These indicators are crucial as they reflect Ukraine's economic stability, international trade competitiveness, and ability to attract foreign investment.

Broad Export Attributes

1. Exports of goods, services and primary income (BoP, current US$): Ukraine's value of $72,885,000,000 is below the attribute average of $146,238,908,936.30. Ukraine ranks 45th out of 170 countries in this attribute.

2. Exports of goods and services (BoP, current US$): Ukraine's value of $60,707,000,000 is also below the attribute average of $122,938,540,059.78. Ukraine ranks 45th out of 170 countries in this attribute.

3. Exports of goods and services (current US$): Ukraine's value of $60,801,578,067.78 is below the attribute average of $129,596,864,610.19. Ukraine ranks 46th out of 163 countries in this attribute.

4. Exports of goods and services (% of GDP): Ukraine's value of 38.82% is slightly above the attribute average of 38.18%. Ukraine ranks 54th out of 163 countries in this attribute.

5. Goods exports (BoP, current US$): Ukraine's value of $45,143,000,000 is below the attribute average of $93,310,581,697.39. Ukraine ranks 45th out of 171 countries in this attribute.

6. International tourism, receipts (% of total exports): Ukraine's value of 1.13% is significantly below the attribute average of 9.74%. Ukraine ranks 106th out of 120 countries in this attribute.

7. ICT goods exports (% of total goods exports): Ukraine's value of 0.73% is significantly below the attribute average of 3.81%. Ukraine ranks 70th out of 142 countries in this attribute.

Summary

Ukraine's exports of goods, services, and primary income, as well as goods and services, are below the global average, ranking 45th in both categories. The country also has lower-than-average exports in comparison to GDP, although it ranks slightly higher at 54th position. Ukraine's low international tourism receipts and ICT goods exports further highlight the need for diversification and expansion of its export base to enhance economic growth and stability.

Merchandise Exports

Ukraine's merchandise exports amount to $49.19 billion, ranking 46th out of 187 countries. The value is below the average of $89.54 billion.

Ukraine's agricultural raw materials exports account for 1.71% of its merchandise exports, ranking 60th out of 151 countries. This percentage is below the average of 2.97%.

Food exports make up 44.87% of Ukraine's merchandise exports, placing it 28th out of 152 countries. This value is significantly higher than the average of 24.06%.

Ukraine's fuel exports represent 1.13% of its merchandise exports, ranking 104th out of 147 countries. This figure is below the average of 13.70%.

Ores and metals exports constitute 11.09% of Ukraine's merchandise exports, placing it 29th out of 152 countries. This percentage is slightly above the average of 9.10%.

The residual merchandise exports by Ukraine stand at 0.17% of the total merchandise exports, ranking 100th out of 166 countries. This value is below the average of 3.20%.

Summary

Ukraine's key macroeconomic indicators show that while its total merchandise exports fall below the global average, its food exports significantly outperform the average, indicating a strength in the agricultural sector. However, the low percentage of fuel exports compared to the average reflects potential underutilization of this resource. Diversification of exports beyond ores and metals, which are slightly above average, could help Ukraine strengthen its position in global trade and enhance its economic resilience.

Technology Exports

1. Manufactures exports (% of merchandise exports): Ukraine's value is 40.82%, below the average of 42.62%. It ranks 76 out of 152 countries.

2. High-technology exports (current US$): Ukraine's value is $1,175,952,420, significantly below the average of $16,655,934,078.80. It ranks 49 out of 151 countries.

3. High-technology exports (% of manufactured exports): Ukraine's value is 5.85%, lower than the average of 10.15%. It ranks 79 out of 150 countries.

4. Medium and high-tech exports (% manufactured exports): Ukraine's value is 34.23%, slightly below the average of 34.29%. It ranks 71 out of 149 countries.

Summary

Ukraine's macroeconomic indicators for manufactures exports, high-technology exports, and medium and high-tech exports indicate that the country lags behind the global average in these areas, ranking below average among the listed countries. These indicators are crucial as they highlight Ukraine's challenges in diversifying its export base and moving towards more technologically advanced industries for sustained economic growth and competitiveness in the global market.

Service Exports

Service exports in Ukraine amount to $15.56 billion, ranking 41st out of 171 countries included in the data. This is below the average service exports of $28.92 billion.

Ukraine's ICT service exports stand at $5.18 billion, ranking 27th out of 166 countries. The country performs above the average ICT service exports of $4.58 billion.

ICT service exports contribute significantly to Ukraine's service exports, accounting for 33.29%, ranking the country 10th out of 166 nations. This is well above the average of 11.75%.

Communications, computer, etc. services form a substantial portion of Ukraine's service exports at 64.08%, placing the country 42nd out of 169 nations. This percentage is higher than the average of 45.85%.

Transport services make up 32.70% of Ukraine's service exports, ranking the country 38th out of 169 nations. This is above the average of 21.80%.

Travel services in Ukraine constitute only 2.29% of its service exports, placing the country 159th out of 167 nations. This value is significantly below the average of 26.40%.

Insurance and financial services contribute only 0.93% to Ukraine's service exports, ranking the country 135th out of 161 nations. This is well below the average contribution of 6.46%.

Summary

Ukraine's service exports amount to $15.56 billion, with ICT service exports standing at $5.18 billion. ICT service exports play a significant role, accounting for 33.29% of Ukraine's service exports, while communications, computer, etc. services form a substantial portion at 64.08%. However, travel services in Ukraine constitute only 2.29% and insurance and financial services contribute merely 0.93%, highlighting potential areas for growth and diversification in the country's service export sector.

These statistics are crucial as they provide insights into the composition and competitiveness of Ukraine's service exports. They indicate the strengths and weaknesses within the sector, guiding policymakers and businesses in strategic decision-making, particularly in terms of investment promotion, sector-specific policy reforms, and trade negotiations to enhance Ukraine's global market presence and economic stability.

Commercial Service Exports

Ukraine's commercial service exports amount to $15.28 billion, ranking 41st out of 171 countries. This value is significantly below the average of $28.51 billion.

Travel services constitute only 2.33% of Ukraine's commercial service exports, ranking 160th out of 167 countries. This percentage is well below the average of 27.89%.

Ukraine's allocation of 63.41% towards computer, communications, and other services in its commercial exports ranks it 39th out of 169 countries. This proportion is notably higher than the average of 42.44%.

Insurance and financial services make up just 0.95% of Ukraine's commercial service exports, placing it 137th out of 161 countries. This percentage is significantly below the average of 6.97%.

Transport services represent 33.31% of Ukraine's commercial service exports, positioning it 44th out of 169 countries. This percentage is higher than the average of 23.37%.

Summary

Ukraine's commercial service exports are below the global average in total value, with a notable emphasis on computer, communications, and other services. However, the country lags behind in travel services and insurance/financial services exports relative to the global average. The high proportion of exports in computer-related services indicates Ukraine's specialization in this sector, which could be crucial for its economic development and competitiveness in the global market. Diversifying its service exports beyond transportation and embracing sectors with higher value-added services could potentially enhance Ukraine's economic resilience and growth prospects.

Broad Import Attributes

Ukraine's imports of goods and services in current US dollars amount to approximately $63.1 billion, ranking 46th out of 163 countries. This value is significantly below the average imports in this category, which is about $126.2 billion.

Ukraine's imports of goods and services as a percentage of GDP is around 40.3%, placing it at 71st out of 163 countries. This percentage is slightly below the average of 44.2%.

When it comes to international tourism expenditures as a percentage of total imports, Ukraine stands out with a value of 7.6%, ranking 15th out of 131 countries. This figure is notably higher than the average of 4.0%.

Ukraine's ICT goods imports as a percentage of total goods imports is approximately 6.0%, placing it 58th out of 143 countries. This percentage falls slightly below the average of 6.8%.

The country's goods imports in Balance of Payments (BoP) in current US dollars amount to $51.9 billion, ranking 45th out of 171 countries. This value is significantly lower than the average goods imports in this category, which is about $92.0 billion.

Ukraine's imports of goods and services in BoP current US dollars is around $63.1 billion, ranking 46th out of 170 countries. This figure is notably lower than the average of $120.3 billion.

Ukraine's imports of goods, services, and primary income in BoP current US dollars total approximately $71.7 billion, placing it 47th out of 170 countries. This value is significantly below the average of $144.5 billion in this category.

Summary

Ukraine's import levels in various categories such as goods and services, ICT goods, and international tourism expenditures position the country below average compared to a global scale. Despite ranking lower than average in these indicators, Ukraine stands out with higher-than-average international tourism expenditures as a percentage of total imports. These findings are crucial as they highlight Ukraine's economic interactions with the global market, indicating potential areas for growth and development within the country's import sector.

Merchandise Imports

Ukraine's merchandise imports (current US$) amount to $54.33 billion, ranking 46 out of 190 countries. This value is below the average merchandise imports of $89.39 billion.

Manufactures imports (% of merchandise imports) in Ukraine make up 70.51% of its total merchandise imports, ranking 55 out of 152 countries. This value is above the average of 66.76%.

Ukraine's agricultural raw materials imports (% of merchandise imports) stand at 1.05%, ranking 86 out of 152 countries. This is below the average of 1.27%.

Food imports (% of merchandise imports) in Ukraine constitute 11.79% of total imports, ranking 102 out of 152 countries. This percentage is below the average of 15.89%.

Ukraine's fuel imports (% of merchandise imports) represent 13.83% of total imports, ranking 48 out of 152 countries. This is above the average of 11.38%.

The country's ores and metals imports (% of merchandise imports) make up 2.18% of the total, ranking 64 out of 152 countries. This value is below the average of 2.57%.

Merchandise imports by the reporting economy, residual (% of total merchandise imports) in Ukraine stand at 0.51%, ranking 82 out of 180 countries. This value is below the average of 2.51%.

Summary

Ukraine's key macroeconomic indicators show that the country has below-average total merchandise imports and ranks lower than average in various import categories like agricultural raw materials and food. However, it surpasses the average in fuel imports. These statistics are crucial as they provide insights into Ukraine's trade dependencies, economic diversification, and potential vulnerabilities in certain sectors.

Service Imports

Analysis of Key Service Imports Statistics in Ukraine:

Summary

Ukraine's key service imports statistics reveal that the country has a total service import value below the global average, standing at $11,164,000,000. Ukraine ranks below average in the imports of communications, computer, etc. as well as transport services. However, it surpasses the average in travel services imports. The lower percentage of insurance and financial services imports compared to the average indicates potential areas for growth and diversification in Ukraine's service sector.

These findings are important as they provide insights into Ukraine's economic structure and trade dependencies. Understanding the composition of service imports helps identify areas where the country may have a competitive advantage or areas that require policy attention to enhance economic performance and resilience.

Commercial Service Imports

Ukraine's commercial service imports amount to $10,125,000,000, ranking 53rd out of 171 countries. This value is below the attribute average of $27,102,746,128.60.

Computer, communications, and other services account for 27.77% of Ukraine's commercial service imports, ranking 124th out of 169 countries. This percentage is below the attribute average of 41.71%.

Insurance and financial services make up 6.93% of Ukraine's commercial service imports, ranking 86th out of 169 countries. This percentage is also below the attribute average of 8.85%.

Transport services represent 18.96% of Ukraine's commercial service imports, ranking 138th out of 169 countries and below the attribute average of 34.71%.

Ukraine's travel services constitute 46.33% of its commercial service imports, ranking 5th out of 169 countries. This percentage is significantly above the attribute average of 14.73%.

Summary

Ukraine's commercial service imports are below average, with a heavy reliance on travel services compared to other countries. This indicates a potential imbalance in the composition of its service imports, with a disproportionately high share attributed to travel services. Diversifying the types of services imported could help Ukraine reduce its dependence on a single sector and improve its overall trade resilience.

Infrastructure

- For Railways, passengers carried (million passenger-km), Ukraine falls below the average with 10,696 million passenger-km, ranking 14th out of 64 countries in the dataset.

- Ukraine surpasses the average for Railways, goods transported (million ton-km) with 175,587.2 million ton-km, ranking 7th out of 62 countries.

- In Air transport, freight (million ton-km), Ukraine is significantly below the average at 14.0479 million ton-km, ranking 72nd out of 126 countries.

- Ukraine is below the average for Air transport, registered carrier departures worldwide with 20,436 departures, ranking 63rd out of 149 countries.

- For Air transport, passengers carried, Ukraine is below average with 1,801,014 passengers carried, ranking 57th out of 149 countries.

- Ukraine is below the average in Container port traffic (TEU: 20 foot equivalent units) with 1,048,691 TEU, ranking 61st out of 110 countries.

- In Rail lines (total route-km), Ukraine is above average with 21,625.9 total route-km, ranking 8th out of 66 countries.

Summary

Ukraine's transportation sector demonstrates mixed performance in key macroeconomic indicators. The country excels in railways for goods transported and total route-km, ranking 7th and 8th respectively. However, it lags significantly in other areas such as air transport freight and container port traffic. These indicators are crucial as they highlight Ukraine's strengths and weaknesses in its transportation infrastructure, impacting trade competitiveness and economic growth.

Information Technology Infrastructure

When it comes to Secure Internet servers, Ukraine has 395,092 servers, which is below the average of 458,294. Ukraine is ranked 26th out of 193 countries for this metric.

For Secure Internet servers per 1 million people, Ukraine has 8,952 servers, also below the average of 14,067. Ukraine ranks 50th out of 193 countries in this category.

Regarding Individuals using the Internet, Ukraine has 75.04% of its population online, which is above the average of 64.77%. Ukraine is ranked 84th out of 180 countries for this indicator.

In terms of Fixed broadband subscriptions, Ukraine has 7,769,401 subscriptions, higher than the average of 6,591,956. Ukraine is ranked 27th out of 185 countries in this aspect.

Lastly, for Mobile cellular subscriptions, Ukraine has 53,977,690 subscriptions, surpassing the average of 42,526,464. Ukraine is ranked 29th out of 193 countries for this statistic.

Summary

Ukraine performs below the global average in Secure Internet servers and Secure Internet servers per 1 million people but surpasses the average in Individuals using the Internet, Fixed broadband subscriptions, and Mobile cellular subscriptions. These statistics are crucial as they indicate Ukraine's connectivity infrastructure, digitalization level, and access to online resources compared to other nations, highlighting areas of strength and areas for potential improvement in the country's technological advancement and competitiveness in the global digital economy.

Energy Consumption

Ukraine's renewable energy consumption stands at 8.72%, significantly below the global average of 32.18%. This places Ukraine at rank 148 out of 191 countries in terms of renewable energy consumption. On the other hand, Ukraine's CO2 emissions of 165663.6kt are slightly below the global average of 171895.94kt. This ranks Ukraine 29th out of 188 countries in CO2 emissions.

Summary

Ukraine's renewable energy consumption at 8.72% is notably lower than the global average of 32.18%, positioning the country at 148th out of 191 nations for renewable energy usage. However, Ukraine's CO2 emissions of 165663.6kt are slightly under the global average, ranking it 29th out of 188 countries. These statistics are crucial as they highlight Ukraine's potential for reducing its carbon footprint by shifting towards more sustainable energy sources while also indicating its current comparative environmental impact on a global scale.

Government Balance Sheet

1. Net acquisition of financial assets (% of GDP): Ukraine's value is 0.7883, ranking 53 out of 87 countries. It is below the average of 2.4497.

2. Central government debt, total (% of GDP): Ukraine's value is 58.7162, ranking 36 out of 61 countries. It is below the average of 74.1161.

3. Net incurrence of liabilities, total (% of GDP): Ukraine's value is 6.0150, ranking 54 out of 92 countries. It is below the average of 7.4311.

4. Total reserves (% of total external debt): Ukraine's value is 22.0055, ranking 74 out of 102 countries. It is below the average of 66.1254.

5. Reserves and related items (BoP, current US$): Ukraine's value is $1.9919 billion, ranking 28 out of 171 countries. It is above the average of $1.9244 billion.

6. Total reserves minus gold (current US$): Ukraine's value is $27.549 billion, ranking 49 out of 161 countries. It is below the average of $74.2216 billion.

7. Total reserves (includes gold, current US$): Ukraine's value is $29.138 billion, ranking 56 out of 161 countries. It is below the average of $85.7082 billion.

8. Total reserves in months of imports: Ukraine's value is 4.8756, ranking 90 out of 151 countries. It is below the average of 7.0969.

Summary

Ukraine's key macroeconomic indicators paint a picture of mixed economic stability. While the country ranks below average in metrics like net acquisition of financial assets, central government debt, and total reserves, it shows strength in metrics like reserves and related items and total reserves minus gold. These indicators are crucial in assessing Ukraine's financial health, ability to manage debt, and resilience to external economic shocks.

Government Revenue

Ukraine's revenue, excluding grants (% of GDP) is 32.32%, which is above the average of 27.02%. It ranks 34th out of 122 countries in this attribute.

Grants and other revenue (% of revenue) for Ukraine is 19.44%, below the average of 23.54%. Ukraine ranks 44th out of 108 countries in this category.

Ukraine's social contributions (% of revenue) stand at 21.80%, slightly below the average of 22.29%. It shares the same rank of 44th with 81 other countries.

For taxes on goods and services (% of revenue), Ukraine's value is 40.10%, higher than the average of 31.82%. It ranks 32nd out of 122 countries in this aspect.

Ukraine's taxes on international trade (% of revenue) are at 2.23%, below the average of 6.24%. The country ranks 69th out of 101 countries on this metric.

Other taxes (% of revenue) is almost negligible at -0.0001% for Ukraine, significantly below the average of 2.12%. This places Ukraine at 105th out of 106 countries.

Finally, taxes on income, profits, and capital gains (% of revenue) in Ukraine amount to 16.42%, below the average of 24.66%. Ukraine ranks 87th out of 119 countries in this category.

Summary

Ukraine exhibits a mixed performance across key macroeconomic indicators: while its revenue, excluding grants, and taxes on goods and services are relatively high, it falls below average in areas such as grants and other revenue, taxes on international trade, other taxes, and taxes on income, profits, and capital gains. These statistics are crucial as they highlight Ukraine's fiscal structure, its dependence on different revenue sources, and its ranking in comparison to other countries, giving insight into its economic stability and potential areas for improvement.

Taxes

Ukraine's Tax revenue (% of GDP) stands at 19.15%, which is above the average of 16.72%. This places Ukraine at rank 43 out of 123 countries in the dataset.

For Taxes on exports (% of tax revenue), Ukraine is below the average at 0.03%. This places Ukraine at rank 23 out of 36 countries in the dataset.

Ukraine's Customs and other import duties (% of tax revenue) are below the average at 3.74%, ranking the country 63 out of 99 countries.

With Taxes on income, profits and capital gains (% of total taxes) at 27.95%, Ukraine is below the average. The country holds rank 91 out of 120 countries.

Ukraine's Tariff rate, applied, weighted mean, all products (%) is below the average at 1.67%. This places Ukraine at rank 106 out of 153 countries.

Summary

Ukraine's macroeconomic indicators show that the country has a relatively high Tax revenue (% of GDP) compared to the average, positioning it at a moderate rank in the dataset. However, it falls below the average for Taxes on exports and Customs and other import duties, indicating potential challenges in these areas. Furthermore, its Taxes on income, profits, and capital gains (% of total taxes) are below average, suggesting room for improvement in tax policies. The low Tariff rate applied also signals a more open trade policy compared to the average.

These findings are important as they give insights into Ukraine's fiscal policies and trade practices. The data can help policymakers assess the efficiency of tax collection, identify areas for reform, and understand the country's trade competitiveness on a global scale. Addressing the discrepancies highlighted in these indicators could contribute to enhancing Ukraine's overall economic performance and competitiveness in the international market.

Government Expenses

For Expense (% of GDP), Ukraine's value stands at 37.21%, which is above the average of 31.69%. This places Ukraine at rank 39 out of 123 countries included in the data.

In terms of Compensation of employees (% of expense), Ukraine is below the average with a value of 15.86%, compared to the average of 24.70%. This places Ukraine at rank 82 out of 123 countries.

For Goods and services expense (% of expense), Ukraine's value of 19.27% is above the average of 14.77%. This places Ukraine at rank 31 out of 122 countries.

Interest payments (% of expense) in Ukraine account for 7.68% of expenses, slightly above the average of 6.85%. This places Ukraine at rank 43 out of 121 countries.

Ukraine's Other expense (% of expense) is below average at 3.29%, compared to the average of 8.29%, positioning Ukraine at rank 95 out of 120 countries.

Subsidies and other transfers (% of expense) in Ukraine are 53.90%, higher than the average of 43.29%. This places Ukraine at rank 34 out of 121 countries.

Summary

Ukraine's macroeconomic indicators show a mixed performance compared to global averages and other countries. While the country has higher Expense (% of GDP) and Goods and services expense (% of expense), it lags behind in Compensation of employees (% of expense) and Other expense (% of expense). These indicators are important as they reflect how efficiently the country allocates its resources, manages its budget, and compensates its workforce, providing insights into its overall economic health and competitiveness.

Top Stats

Ranks in Top Decile For:

Attribute Rank/Total
Population ages 65 and above, total 19/194
Death rate, crude (per 1,000 people) 4/192
Military expenditure (% of GDP) 12/148
Arable land (hectares) 9/190
Land under cereal production (hectares) 11/174
Cereal production (metric tons) 9/174
Inflation, GDP deflator (annual %) 17/188
Broad money growth (annual %) 9/139
S&P Global Equity Indices (annual % change) 7/79
ICT service exports (% of service exports, BoP) 10/166
Travel services (% of service imports, BoP) 5/169
Travel services (% of commercial service imports) 5/169

Ranks in Bottom Decile For:

Attribute Rank/Total
Birth rate, crude (per 1,000 people) 187/192
Fertility rate, total (births per woman) 185/190
Travel services (% of service exports, BoP) 159/167
Travel services (% of commercial service exports) 160/167
Other taxes (% of revenue) 105/106