The Ukrainian GDP composition in 2023 was predominantly driven by the services sector at 29.86%, followed by mining, manufacturing, and utilities at 24.65%. Wholesale and retail trade, along with restaurants and hotels, accounted for 17.11% of the GDP. Agriculture and related activities contributed 13.72%, while transport, storage, and communication made up 12.2%. The construction sector was the smallest segment with just 2.47% of GDP. The year-on-year variations highlight a shift towards services and trade-driven growth, indicating an economy balancing traditional sectors and modern service demands.
Future trends to watch in Ukraine's GDP composition include the potential expansion of the technology and digital services sector, given the global inclination towards digital transformation. Moreover, developments in agriculture and energy sectors, leveraging Ukraine's vast natural resources, might reshape GDP contributions. Geopolitical influences and economic reforms could further alter sectoral dynamics, impacting the nation's overall economic structure.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 29.86 | 2016 | |
| 2 | 2 Mining, Manufacturing, Utilities | 24.65 | 2016 | |
| 3 | 3 Wholesale, retail trade, restaurants and hotels | 17.11 | 2016 | |
| 4 | 4 Agriculture, hunting, forestry, fishing | 13.72 | 2016 | |
| 5 | 5 Transport, storage and communication | 12.2 | 2016 | |
| 6 | 6 Construction | 2.47 | 2016 |
