Unemployment rate of Ukraine 2018

Ukraine: Unemployment rate from 1998 to 2018

by H. Plecher, last edited Sep 18, 2019
Unemployment rate of Ukraine 2018 This statistic shows the unemployment rate of the Ukraine from 1998 to 2018. In 2018, the unemployment rate of the Ukraine amounted to approximately 9.38 percent of the total labor force.
The economic situation in Ukraine

Amid the political and economic crisis, Ukraine’s unemployment is rising. When Russia seized and annexed Crimea in March of 2014, pro-Russian President Viktor Yanukovych was also ousted and the economy of Ukraine took a hard hit. This resulted in sharp reductions in Ukraine’s GDP, and likely caused a sharp increase in unemployment as well. Before the turmoil, Russia was Ukraine’s most important import and export partner, having a significant impact on GDP after tension arose. Meanwhile, Ukraine was and still is getting itself out of economic despair; Ukraine has amassed more debt with the IMF than Greece and is trying to reduce this debt by implementing hyper-austerity, which involves making cuts to public spending. Spending on unemployment and disability insurance is a part of these cuts, which is not ideal for the Ukrainian people considering that the unemployment rate is expected to reach a rate of 11.47 percent in 2015. In times of increasing unemployment, a struggling economy and an inflation rate reaching almost 50 percent, 2015 is and will be a tough, if not desastrous year for the Ukrainian people. However, the outlook beyond 2015 is brighter and hopefully unemployment will drop beyond its peak in 2015.
Show more

Ukraine: Unemployment rate from 1998 to 2018

You need to log in to download this statistic
Register for free
Already a member?
Log in
Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
Related Studies: Available to Download in PDF or PPTX Format
Ukraine
Ukraine

All Information
in one Presentation

Ukraine

Everything On "Ukraine" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Statista is a great source of knowledge, and pretty helpful to manage the daily work.
Christof Baron

Christof Baron
CEO, MindShare Germany

Statistics on "Ukraine"
  • Population
  • Economy
The most important statistics
  • National finances
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: You might find this interesting as well
Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.