Average Salaries +18.7% yoy

Average Salaries +18.7% yoy

The average salary in September 2021 in Ukraine,  the average wage increased by 18.7% yoy.   The number of individual entrepreneurs (FOP) is growing on average of 7,000 every month. “As of October 20, there are 1,982,348 FOPS active in Ukraine. Notice: JavaScript is required for this content.

Increased Mortgages, Prices, Retail Trade

Increased Mortgages, Prices, Retail Trade

Under a new government programme, mortgages are now available at 7%, maximum amount $76,000, 20 years, and down payment 15%. Loans are now issued for the purchase of residential property in the construction phase in the primary market, or the secondary market. Average Kyiv apartment prices continue to rise.  Please note these figure are the average […]

Reduction NPLs

Reduction NPLs

State-owned banks reduced non-performing loan (NPL) portfolios by UAH 108 billion ($4.1 bln). Since January 2020, the reduction in the level of NPLs in the period to September was 35%. State-owned banks reduced NPL portfolios by UAH 108 billion, which is almost 80% of the total reduction in the banking system.  The announcement was made by the […]

Ukrainian news

Ukrainian news

Hryvnia has become one of the currencies worldwide that strengthened the most in 2021. Ukrainian hryvnia is among the ten currencies in the world that strengthened the most against the US dollar in 2021. According to Ukrinform, this is supported by Bloomberg ratings, with currencies in Eastern Europe’s best performer this year. According to Deputy […]

World Bank Improves Ukraine GDP Forecasts

World Bank Improves Ukraine GDP Forecasts

The World Bank has improved its forecast for Ukraine’s GDP growth over the next two years. The forecast for Ukraine’s gross domestic product growth in 2021 is 3.8%. According to the organization’s forecasts, Ukraine’s GDP will grow by 3.5% in 2022, and by 3.7% in 2023. Notice: JavaScript is required for this content.

New Record Average Salary

New Record Average Salary

The average salary in Ukraine has exceeded $500. This is an absolute record for our country said Prime Minister Denys Shmyhal. “In June this year, it amounted to 14,313 hryvnias ($525), an increase over the year by almost 24%. The largest average salary is in Kyiv UAH 20,400 ($760), the smallest in the Kirovograd region […]