S&P predicts GDP growth in Ukraine in 2012 at 3.5%
2012-07-13 10:45:05
Standard and Poor's expects GDP growth in Ukraine in 2012 at 3.5%, the rating agency has said in a statement.
In addition, according to the agency, nominal GDP in the current year will reach UAH 1.5107 trillion, real GDP per capita growth will be 4.3%, real GDP per worker growth - 3.3%, and unemployment rate - 8%.
In 2013, S&P expects Ukraine's GDP growth at 4%, with nominal GDP projected at UAH 1.8464 trillion, real GDP per capita growth - 4.8%, real GDP per worker growth - 3.6%, and unemployment rate - at 7.5%.
S&P expects inflation in Ukraine in 2012 to reach 6% and speed up to 11% in the following years - 2013, 2014 and 2015.
The agency believes that the main objectives for Ukraine are the improvement of the business environment and the growth of the private sector.