Ukrainian 2021 GDP Hits New High

Ukrainian 2021 GDP Hits New High

Ukraine’s GDP Sets a Record for 2021, With External Borrowing Lower and +45% Increase in the Sales of Industrial Goods and Services.  Ukraine’s gross domestic product (GDP) for 2021 grew to a record USD 200 billion. Its GDP expanded 5.9% (year on year) for the fourth quarter of 2021, making this the third quarter in a […]

Turkey and Ukraine Sign FTA

Turkey and Ukraine Sign FTA

A Free Trade Agreement (FTA) between Turkey and Ukraine has been signed eliminating customs on 10,337 goods, constituting 95% of the goods imported into Ukraine from Turkey. Other goods have reduced tariffs. Ukraine will also be able to export to Turkey at a 0% tariff both grain and all industrial products, with reduced tariffs for […]

Another Record Harvest

Another Record Harvest

For the fourth year in a row, Ukraine has beaten its agricultural export record. In 2021, Ukraine exported $27.9bln worth of agri-food products, almost 25% more than the record figure of 2020 ($22.4B).  This is the fourth year in a row that Ukraine has beaten the historical agricultural export record. Notice: JavaScript is required for this […]

President to Launch 5% Mortgage Programme

President to Launch 5% Mortgage Programme

Zelensky’s administration intends to launch the “Ukrainian Dream” program with a low mortgage rate. The state program tagged the “Ukrainian Dream”, with a mortgage rated at 5% per annum, will be launched between January-March 2022, said Deputy Head of the office of The President, Rostislav Shurma. From now on, an average Ukrainian family with an income of UAH […]