Gross domestic product (GDP) per capita is an economic indicator that measures the average level of production of goods and services per person in a country.
The Ukrainian economy, despite the war, continues to grow. GDP per capita exceeded pre-war levels. This was announced by the Deputy Minister of Economy of Ukraine Andrey Telyupa.
According to him, the growth of the real GDP of Ukraine in 2024 reached 3.6%.
“Despite all the difficult conditions, all the problems with energy, with human capital, it is, of course, more sustainable growth after the fall of 2022. If we look at the level of GDP according to the level of population, we have . now reached a record GDP per capita population,” said Telyupa.
Gross domestic product (GDP) per capita is an economic indicator that measures the average level of production of goods and services per person in a country during a specific period, usually a year. It is calculated as the ratio of a country’s total GDP to its population. This indicator allows you to assess the average level of well-being of the population and compare economic development between different countries or regions. A higher GDP per capita usually indicates a higher standard of living.
Let’s recall that at the end of October 2024, Ukraine’s gross domestic product (GDP) growth slowed to 1.5% compared to 3.8% in September.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.