PM: Ukraine ends year with all time high dollar GDP

Ukraine ends 2021 with the highest GDP expressed in dollars in its history – almost $200 billion.

"Economic growth and rise of income amid the COVID-19 crisis have become a particularly important task this year, and we see significant progress in this direction. We end 2021 with all time high dollar GDP – almost $ 200 billion," Prime Minister of Ukraine Denys Shmyhal said at the Cabinet’s meeting on December 29, an Ukrinform correspondent reports.

He noted that the average salary exceeded $ 550 for the first time in the history of independent Ukraine, having grown by more than 19% over the year.

As reported, Ukraine's GDP in the second quarter of 2021 increased by 5.7% compared to the second quarter of 2020.

Ukraine's nominal GDP in 2020 amounted to UAH 4.19 trillion, down 4% compared to 2019. In 2020, Ukraine's nominal GDP per capita amounted to UAH 100,470.

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