Restructuring of industrial economies in countries in transition: Experience of Ukraine



Table 5: Main Indicators of Ukrainian Economy
(increase(+), decrease(-), per cent to previous year)

1990

1991

1992

1993

1994

1995

1996

1997

GDP

-4,0

-8,7

-9,9

-4,2

-23,0

-11,8

-10,0

-3,2

Industrial Output

-0,1

-4,8

-6,4

-8,0

-27,3

-12,0

-5,1

-1,8

Consumer Goods Output

5,8

-5,1

-9,4

-15,9

-25,0

-17,8

-20,2

-21,7

Investment

1,9

-7,1

-36,9

-10,3

-22,5

-35,1

-22,0

-7,5

House Building

-10,6

-17,2

-2,3

-12,8

-18,0

-14,2

-22,0

Retail Trade

11,5

-9,7

-18,0

-35,4

-13,6

-13,9

-5,1

5,9

Services

7,6______

-20,7

-20,2

-22,9

-3,3

-32,3

-14,2

-5,8

Table 6: Main Indicators of Ukrainian Economy

(per cent to previous year)

1990

1991

1992

1993

1994

1995

1996

1997

GDP

96,0

91,3

90,1

95,8

77,0

88,2

90,0

96,8

Industrial Output

99,9

95,2

93,6

92,0

72,7

88,0

94,9

98,2

Consumer Goods Output

105,8

94,9

90,6

84,1

75,0

82,2

79,8

78,3

Investment

101,9

92,9

63,1

89,7

77,5

64,9

78,0

92,5

House Building

89,4

82,8

97,7

87,2

82,0

85,8

78,0

Retail Trade

111,5

90,3

82,0

64,6

86,4

86,1

94,9

105,9

Services

107,6

79,3

79,8

77,1

96,7

67,7

85,8

94,2

Table 7: Main Indicators of Ukrainian Economy

(per cent to 1990)

1990

1991

1992

1993

1994

1995

1996

1997

GDP

100

91,3

82,3

70,6

54,3

47,9

43,1

41,7

Industrial Output

100

95,2

89,1

82,0

59,6

52,4

49,8

48,9

Consumer Goods Output

100

94,9

86,0

72,3

54,2

44,6

35,6

27,9

Investment

100

92,9

58,6

52,6

40,8

26,4

20,6

19,1

House Building

100

82,8

80,9

70,5

57,8

49,6

38,7

Retail Trade

100

90,3

74,0

47,8

41,3

35,6

33,8

35,8

Services

100

79,3

63,3

48,8

47,2

31,9

27,4

25,8

Simultaneous to general investment reduction there is a reduction of budget
appropriations for the development of the Ukrainian economy. The dynamic for share of budget
appropriations for the economy was as following:

in 1990 - 49.3 per cent, in 1991 - 45.7, in 1992 - 37.2, in 1993 - 19.3, in 1994 - 32.9, in
1995 - 9.6, in 1996 - 10.1, in 1997 - 11.7 per cent.

Investment distribution by industrial sectors of Ukraine are illustrated in Tables 8, 9, 10
and Chart 3.



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