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Ukraine Business Report

General information
Source: The World Factbook - Central Intelligence Agency
44,033,874 (July 2017 est.)
$368.8 billion (2017 est.)

GDP growth rate
2.5% (2017 est.)

Growth returned in 2016 after a sharp contraction in the previous years

GDP (PPP) per capita
$8,700 (2017 est.)

Very low

Local currency
Hryvnia (UAH)

Weak and unstable currency

Financial stability (Public debt)
75.6% of GDP (2017 est.)

High but decreasing

14.4% (2017 est.)

High and accelerating

Ukrainian (official) 67.5%, Russian (regional language) 29.6%

Corruption perception index (Source: Transparency International)

Very high level of corruption

Duties and tax
Source: PwC World Tax Summaries 2017-2018

20% standard rate 7% reduced rate applies to medical goods
Corporate Tax

18% standard rate

There are two duty rates applicable to WTO countries (partial rate) or a non-WTO country (full rate)

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