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As of H1 2018, Ukrainian shadow economy share down
21.12.2018 22:13 "Agro Perspectiva" (Kyiv) —
As of this year first half, the share of the Ukrainian shadow economy totaled 32% of its GDP (down 3% against last year similar), Ukrinform says referring to the Ukrainian Economic Development Ministry report.
«The share of shadow economy within the first half of 2018 totaled 32% of official GDP, what is 3% down against the same period in 2017,» reads the report.
As to the report, the shadow economy share has declined due to maintaining macroeconomic stability, creating favorable conditions for doing business within Ukraine and preserving the tendency towards economic growth under the conditions of accelerated growth of investments into the Ukrainian economy by domestic companies, as well as growth of consumer demand of the country population.
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