Ukraine
Everything Palanor holds about Ukraine, in one place: 65 public signals, what its economy runs on, how often America’s largest companies name it, the news that names it, and Country Posture. Every figure is computed from stored readings and carries its source and date.
Europe
The latest read
- GDP in current U.S. dollars: $214.2 billion (2025); record high since 1990; 1y +12.3%.
- Household consumption, share of GDP: 66.8% of GDP (2025); 71st percentile since 1990; highest since 2021; 1y +3.23 pts.
- Net exports, share of GDP: -26.5% of GDP (2025); record low since 1990; 1y −6.17 pts.
- S&P 500 companies naming it on earnings calls: 3.06% of companies (2026-10-21); 24th percentile since Dec 2021; lowest since Sep 25, 2026; 1y +0.01 pts.
Country Posture
What Ukraine’s economy is doing
Momentum
2024Inputs only. Did not pass the pre-registered back-test: 1996–2009: AUC 0.590 below 0.60; AUC 0.590 below the single-input baseline (0.624); 2010–2022: AUC 0.595 below 0.60; AUC 0.595 below the single-input baseline (0.641).
Inputs
| Real GDP growth | 3.2 |
| Growth against its three-year average | 9.8 |
| Change in unemployment | — |
| Change in the employment rate | — |
| Export volume growth | 11.5 |
| OECD leading indicator | — |
Resilience
202537Moderate buffers
0 = thin buffers · 100 = deep buffers
Moved most by reserves, months of imports (up) and current account (down) since the year before.
Inputs
| Interest as a share of revenue (2024) | 8.3 | 39 |
| Budget balance (2024) | -17.8 | 4 |
| Reserves, months of imports | 5.8 | 85 |
| Current account | -13.5 | 6 |
| Governance (WGI mean) | -0.46 | 60 |
| External debt (2024) | 101 | 10 |
Pressure
2025Inputs only. Did not pass the pre-registered back-test: 1996–2009: AUC 0.657 below the single-input baseline (0.672).
Inputs
| Inflation | 12.7 |
| Change in inflation | 6.2 |
| Currency move against the dollar | 3.8% |
| Conflict deaths per million | 2317.7 |
| Political stability | -0.33 |
| Private credit, three-year change | -6.9 |
| Bond spread over U.S. Treasuries | — |
Posture describes what an economy is doing; it is not a rating and never ranks countries. Each input is read against the country’s own history and against every other economy that year. An axis shows a score only after passing a back-test fixed before any result was computed. Method and back-test.
Passport reach
Where a Ukraine passport opens doors
The share of world GDP, outside Ukraine itself, in the economies whose published rules let a holder of this passport in, as of October 2026. Palanor records the rules of destinations holding 88% of world GDP, from each government’s own list, and weights them by World Bank GDP for 2025. Rank is among 199 passports.
Work
13.5%rank 61 of 199
the right to work (free movement in full; treaty and working-holiday routes at half); 0 destinations in full, 2 at half.
Reach is shown here and not weighted into Country Strength: it rewards membership of a free-movement area or a treaty more than the strength of an economy. Entry is always at the border officer’s discretion, and conditions (length of stay, fees, age limits) vary. Method, sources and the full ranking: Passports and citizenship.
Palanor calculation from each destination government's published rules; GDP weights from the World Bank (CC BY 4.0), one year for the whole line, so it moves only when a list changes.
GDP by expenditure
What Ukraine’s economy runs on
In 2025, household spending was 66.8% of GDP, government consumption 38.9%, investment 20.8% and net exports -26.5% (exports 25.3%, imports 51.9%).
World Bank national accounts. The parts can miss 100 by a few points (the statistical discrepancy).
Same World Bank definition for every country, so the shares compare directly: What each economy runs on.
IMF World Economic Outlook
The IMF’s outlook for Ukraine
The latest year before the October 2026 edition (often still an IMF estimate) and the IMF’s own projections. These are the IMF’s published forecasts, shown as published; Palanor does not project them further. Since the previous edition the IMF cut its growth forecast for this year by 1.0 percentage points (Palanor calculation).
| Measure | 2025 | 2026 IMF f’cast | 2027 IMF f’cast | 2031 IMF f’cast |
|---|---|---|---|---|
| Real GDP growth% | 1.8 | 1.0 | 3.5 | 3.6 |
| Inflation, average consumer prices% | 12.7 | 8.9 | 8.7 | 5.0 |
| Unemployment rate% of labor force | 11.6 | 10.2 | 11.3 | 9.6 |
| GDP, current US dollarsUS$ bn | 214.2 | 229.4 | 245.4 | 300.3 |
| GDP at purchasing-power parityintl $ bn | 690.4 | 720.7 | 769.4 | 964.5 |
| GDP per person, US dollarsUS$ | 6,519 | 7,075 | 7,463 | 8,970 |
| Current account balance% of GDP | -16.0 | -11.0 | -4.7 | -7.9 |
| Government gross debt% of GDP | 107.1 | 111.8 | 110.3 | 97.2 |
| Government overall balance% of GDP | -17.6 | -11.3 | -2.9 | -1.0 |
| Government primary balance% of GDP | -13.6 | -6.3 | 0.6 | 1.9 |
| Government net interest paid% of GDP · Palanor calc. | 4.0 | 5.1 | 3.5 | 2.9 |
Source: IMF World Economic Outlook Database (edition on the projection). Dashed: the IMF's published projection.
Source: IMF World Economic Outlook Database (edition on the projection). Dashed: the IMF's published projection.
Source: IMF World Economic Outlook Database, October 2026. Provided by the IMF “as is” and free of charge from the IMF; the IMF does not endorse Palanor. Net interest paid is a Palanor calculation: the IMF's primary balance minus its overall balance.
Discourse
How often S&P 500 companies name Ukraine
14 of 445 S&P 500 companies named Ukraine on an earnings call in the 90 days to 2026-10-21. 42.8% list it in the risk factors of their latest 10-K. Names only, counted by fixed rules set before any document was read; a mention says the country came up, not why.
Conflict
Organized violence
News
In the news
- Russia releases American teacher held on Ukraine mercenary charges
Russia freed the 74-year-old American who was convicted of mercenary charges the U.S. called fabricated.
Palanor Wire2026-10-21neutral
- China: China faces US AI ban, chip upgrades, Ukraine summit proposal
Washington bans DeepSeek; chipmakers upgrade China plants; Putin and Trump seek Xi's help on Ukraine
Palanor Wire2026-10-21neutral · -ban +upgrades
- Musk ordered Starlink slowdown in Ukraine, Rubio says
Musk personally decided to restrict Starlink access in Ukraine, disrupting military operations.
Palanor Wire2026-10-21negative · -slowdown
- Putin, Trump propose US-China-Russia summit on Ukraine war
Putin and Trump expressed openness to a trilateral summit with Xi to discuss ending the Ukraine war or denuclearization.
Palanor Wire2026-10-20negative · -war
- Svitolina and Monfils separate after five years of marriage
Ukrainian tennis player Elina Svitolina ended her five-year marriage to French player Gael Monfils, citing the impact of the war in Ukraine.
Palanor Wire2026-10-19neutral
- Ukraine attacks Russian oil facilities with 1,000+ drones
At least one person died after Ukrainian forces launched more than 1,000 drones at Russian targets including oil terminals in St. Petersburg.
Palanor Wire2026-10-18negative · -attacks
- European defence chiefs can offer Ukraine only partial substitutes for American intelligence and communications networks. And they worry about their own dependence, too
The Economist · Bluesky2026-10-22neutral
- Denying Russia’s president a full-throated victory in Ukraine may well be the only punishment he faces for his aggression. In a wicked world, it may have to do
The Economist · Bluesky2026-10-22neutral
- Ukraine to buy military supplies via Nato agency
FT Companies2026-10-22neutral
- Ukraine launched massive drone assaults against Russia this week, hitting key oil infrastructure and signaling Kyiv intends to block the Kremlin from increasing diesel exports in defiance of President Donald Trump.
Find the full details: cnb.cx/3Wn3ORI
CNBC · Bluesky2026-10-21neutral
- 🔊 Russian President Vladimir Putin agreed to resume US-mediated peace talks with Ukraine as soon as next month. The Reuters World News podcast explains reut.rs/4jzyb12
Reuters · Bluesky2026-10-21positive · +peace
- Trump denies ordering Starlink slowdown in Ukraine, says he doesn't know who did
CNBC · Bluesky2026-10-21negative · -slowdown
- Today on “The Intelligence”: can Europe support Ukraine alone, innovation in America’s private science institutions, and art heists in Europe
The Economist · Bluesky2026-10-21neutral
- EU leaders to discuss 2027 money for Ukraine, next EU budget on November 26-27 reut.rs/4Bk3e7i
Reuters · Bluesky2026-10-21neutral
Headlines that name Ukraine, matched by name with fixed rules (a wrong match is worse than a missing one). Tone is read from each headline’s own words; no model reads or summarizes an article, and other publishers’ stories link out.
Company graph
Companies headquartered in Ukraine
Palanor’s company graph holds 28 entities headquartered here (GLEIF headquarters address, else legal address).
Signals
Every series about Ukraine
Grouped by theme, the most-read first. All 65 in the Library.
Growth and output5
- Population, Historical (Maddison): Ukraine9th percentile since 1950; lowest since 1955; 1y −8.8%39,897,110 people2022
- GDP per Person, Historical (Maddison): Ukraine26th percentile since 1973; lowest since 2003; 1y −23.5%7,749.12022
- GDP, Historical (Maddison): Ukraine22nd percentile since 1973; lowest since 2002; 1y −30.3%309.22022
- Ukraine · GDP · USD bn (current)record high since 1990; 1y +12.3%$214.2bn2025
- Share of World GDP, Historical (Maddison): Ukrainerecord low since 1980; 1y −0.114 pts0.24% of world GDP2022
Trade and capital flows1
- Ukraine · Net International Investment Position, % of GDP (IMF)25th percentile since 2000; lowest since 2017; 1y −11.76 pts-33.4% of GDP2025
Energy and resources2
- Natural Graphite Mine Production Share: Ukrainerecord low since 2017; 1y −0.014 pts0.04%2025
- Natural Graphite Mine Production: Ukrainerecord low since 2017; 1y −11.1%800 metric tons2025
Conflict and geopolitics3 of 7
- Geopolitical Risk — Ukraine88th percentile since Jan 1985; 1y −0.108 pts1.09%2026-09-01
- Ukraine · Organized-Violence Deaths (UCDP, annual)93rd percentile since 1989; 1y −1.6%90,345 deaths2025
- Ukraine · State-Based Conflict Deaths (UCDP, annual)93rd percentile since 1989; 1y −1.6%90,323 deaths2025
Migration4 of 6
- International Migrant Stock: Ukraine (UN)56th percentile since 1990; highest since 20005,064,173 people2024
- International Migrants as a Share of Population: Ukraine (UN)record high since 199013.4% of population2024
- U.S.-Born People Living in Ukraine (UN)44th percentile since 1990; highest since 20052,819 people2024
- Change in Migrant Share of Population Since 2000: Ukraine (UN)2.222024
AI stance and technology1
- AI User Share: Ukraine (Microsoft AI Diffusion)1y +0.4 pts9.5% of people aged 15-642026-06-30
Climate and the physical world4 of 6
- Ukraine CO₂ Emissions (Global Carbon Budget)58th percentile since 1830; 1y +2.3%142.5 Mt CO₂2024
- Ukraine Cumulative CO₂ Emissions (Global Carbon Budget)record high since 1830; 1y +0.5%31.2 Gt CO₂2024
- Ukraine · Plastic Emitted to the Ocean by Rivers · tonnes per year (2015)688.5 t/yr2015
- Ukraine · Share of Global River Plastic Emitted to the Ocean · % (2015)0.07% of world2015
More about this country3
- Ukraine · Exchange Rate per US Dollar (IMF)99th percentile since Dec 1992; 1y +7.8%44.7 per USD2026-08-01
- Ukraine · IMF Credit Outstanding · USD bn (IMF)96th percentile since Oct 1994; 1y +2.1%$14.6bn2026-09-01
- Ukraine · IMF Credit Outstanding, % of GDP61st percentile since 1994; lowest since 2022; 1y −1.18 pts6.52% of GDP2025
Peers
Elsewhere in Europe
Alphabetical. Palanor does not rank countries.
AlbaniaAndorraAustriaBelarusBelgiumBosnia and HerzegovinaBulgariaCroatiaCzechiaDenmarkEstoniaFaroe IslandsFinlandFranceGermanyGibraltarGreeceGuernseyHungaryIcelandIrelandIsle of ManItalyJerseyKosovoLatviaLiechtensteinLithuaniaLuxembourgMaltaMoldovaMonacoMontenegroNetherlandsNorth MacedoniaNorwayPolandPortugalRomaniaRussiaSan MarinoSerbiaSlovakiaSloveniaSpainSwedenSwitzerlandUnited KingdomVatican City