Is Ukraine a poor country 2020?

Is Ukraine a poor country 2020?

With a per capita GNI of $3,540, Ukraine is the poorest country in Europe as of 2020.

What is the average GDP of Ukraine?

Ukraine: Gross domestic product (GDP) per capita from 1996 to 2026

Characteristic GDP per capita in million U.S. dollars
2019 3,687.63
2018 3,118.53
2017 2,655.94
2016 2,200

How poor is the Ukraine?

From 2008-2013, the level of poverty in Ukraine increased or decreased slightly. In 2016, the poverty rate reached 58.6%. After peaking in 2015-2016, it began to decline: 2017 – 47.3%, 2018 – 43.2%; 2019 – 37.8%. In 2018, 1.3% of the population was extremely poor, defined as living on less than $5 a day.

Is Ukraine a developed country?

Ukraine is a developing country ranking 74th in the Human Development Index. It is the poorest country in Europe alongside Moldova, suffering from a very high poverty rate as well as severe corruption. It also maintains the third-largest military in Europe after Russia and France.

What is the per capita income of Ukraine?

Ukraine Annual Household Income per Capita reached 2,180.841 USD in Dec 2019, compared with the previous value of 1,693.557 USD in Dec 2018. Ukraine Annual Household Income per Capita data is updated yearly, available from Dec 1999 to Dec 2019, with an averaged value of 1,472.993 USD.

What is the economy of Ukraine?

Ukraine has a major ferrous metal industry, producing cast iron, steel and pipes. Among its economy leading companies in that field are Metinvest , Kryvorizhstal, AzovStal, Ilyich Steel & Iron Works, and others. As of 2012, Ukraine is the world’s tenth largest steel producer (according to World Steel Association ).

What is GDP Price Index?

GDP price index — A summary measure of the prices of all of the goods and services that make up gross domestic product. The change in the GDP price index is used as a measure of inflation in the overall economy.

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