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Ukraine's GDP increases by 2,8% in third quarter of 2018

GDP increased by 0,4% compared with the previous quarter
08:36, 15 November 2018

Open source

Real gross domestic product (GDP) in Ukraine has increased by 2,8% in July-September, 2018 compared with the same period in 2017, as State Statistics Service reported.

“Real GDP in the third quarter of 2018 has increased by 0,4% compared with the previous quarter (considering the season aspect), and by 2.8% compared with the third quarter of 2017,” the message says.

Related: Ukraine's National Bank reports deceleration of GDP growth in Q3 of 2018

Earlier, the World Bank worsened the forecast of the growth of Ukraine’s GDP in 2018 from 3,5% to 3,3%. In April, the World Bank preserved the forecast of Ukraine’s GDP growth at the level of 3.5%. Then, the representatives of the World Bank stated that if the Government refuses from necessary reforming, the forecast might fall down by 2 p.p.

Related: S&P worsens prediction of Ukraine’s GDP growth in 2018

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