Ukraine's economy is anchored by agriculture, earning it the title 'breadbasket of Europe' with exports of wheat, corn, and sunflower oil. Heavy industries like steel, machinery, and chemicals are significant, while the IT sector grows rapidly, driven by skilled professionals. The conflict with Russia has disrupted trade, damaged infrastructure, and caused economic instability. Energy dependence, particularly on gas, remains a challenge, though reforms aim to improve efficiency. Rich natural resources and a strategic location offer potential, but corruption and political uncertainty deter investment. Ukraine's resilience and ongoing reforms provide hope for recovery despite significant economic challenges.
World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Ukraine GDP statistics.