Problemi Ekonomiki (Mar 2018)

The Analysis of the Main Macroeconomic Indicators of the Socio-Economic Development of Ukraine

  • Broyaka Antonina А.

Journal volume & issue
Vol. 1, no. 35
pp. 42 – 48

Abstract

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The article deals with studying the most important macroeconomic indicators characterizing the trends in the social and economic development of Ukraine for the period 2010–2017. Particular attention is paid to the index of nominal and real gross domestic product (GDP), including per capita, and to the factors that restrain its growth. An analysis of inflation processes using the dynamics of price indices (GDP Deflator, Consumer Price Index) is carried out. Furthermore, the problem of unemployment and employment, their impact on GDP dynamics are highlighted. Some aspects of Ukraine’s financial and economic stability are assessed on the basis of analysis of the performance of government debt obligations, balance of payments, and investments. As a result of the conducted research, it is revealed that during the last 2016-2017 there observed a partial stabilization of the socio-economic state of the national economy and its transition to the phase of recovery (in particular, the real GDP growth was 2.5 %, inflation — only 1.3 %, and unemployment — only 0.2 %). However, the analyzed indicators testify to the still relatively low rates of economic recovery caused by the previous loss of production capacities, interbranch and logistics links in the interregional and foreign economic space, restriction of access to energy raw materials, devaluation of the national currency, and growth of investment risks. As a result, the directions of addressing the main unsolved problems for the transition to sustainable economic growth are outlined.

Keywords