Government Consumption in Ukraine
The economy of Ukraine recorded an average growth rate of 2.7% in government consumption in the decade to 2024. In 2024, government consumption growth was -4.5%.
Ukraine Government Consumption Chart
Note: This chart displays Government Consumption (ann. var. %) for Ukraine from 2014 to 2024.
Source: Macrobond.
Ukraine Government Consumption Data
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Government Consumption (ann. var. %) | -0.7 | 0.8 | 31.4 | 9.2 | -4.5 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Ukrainian government consumption projections for the next ten years from a panel of 13 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable government consumption forecast available for Ukrainian government consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Ukrainian government consumption projections.
Want to get access to the full dataset of Ukrainian government consumption forecasts? Send an email to info@focus-economics.com.
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