The Ukrainian Audit Chamber,
which audits the execution of the national budget, announces that GDP in
Ukraine declined by 13% January through September 2015.
As the
national budget for 2015 is based on a 5.5% GDP
decline forecast, the Chamber said in its conclusions on the 2015 budget that
real GDP in the nine months of 2015 shrank by 2.4 times from the annual
indicator expected this year.
The Ukrainian State Statistics Service earlier
reported that Ukraine saw a 7% decline in GDP in the third quarter of 2015
compared to 14.6% in the same period of 2014 (in comparable prices for 2010).
GDP in the third quarter of 2015 even climbed by
0.7% compared to the second quarter of 2015, which was due to the seasonal
factor.
GDP declined by 6.8% in 2014 from 2013 (in
comparable prices for 2010). The statistics do not include data from the
annexed Crimea and occupied Donbas.
Ukraine's nominal GDP in 2014 was estimated at
UAH 1.567 trillion.
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