t of the
next-ranking republic. Its fertile black soil generated more than one fourth
of Soviet agricultural output, and its farms provided substantial quantities
of meat, milk, grain and vegetables to other republics. Likewise, its
well-developed and diversified heavy industry supplied equipment and raw
materials to industrial and mining sites in other regions of the USSR. In
early 1992 the continued wholesale disruption of economic ties and the lack
of an institutional structure necessary to formulate and implement economic
reforms preclude a near-term recovery of output.
GDP:
$NA, per capita $NA; real growth rate -10% (1991 est.)
Inflation rate (consumer prices):
83% (1991 est.)
Unemployment rate:
NA%
Budget:
not finalized as of May 1992
Exports:
$13.5 billion (1990)
commodities:
coal, electric power, ferrous and nonferrous metals, chemicals, machinery
and transport equipment, grain, meat
partners:
Russia, Belarus, Kazakhstan
Imports:
$16.7 billion (1990)
commodities:
machinery and parts, transportation equipment, chemicals, textiles
partners:
none
*** No entry for this item ***
External debt:
$10.4 billion (end of 1991 est.)
Industrial production:
growth rate -4.5% (1991)
Electricity:
NA kW capacity; 298,000 million kWh produced, 5,758 kWh per capita (1990)
Industries:
coal, electric power, ferrous and nonferrous metals, machinery and transport
equipment, chemicals, food-processing
Agriculture:
grain, vegetables, meat, milk
Illicit drugs:
illicit producer of cannabis and opium; mostly for domestic consumption;
status of government eradication programs unknown; used as transshipment
points for illicit drugs to Western Europe
Economic aid:
$NA

:Ukraine Economy

Currency:
as of August 1992 using ruble and Ukrainian coupons as legal tender; Ukraine
plans to withdraw the ruble from circulation and convert to a coupon-based
economy on 1 October 1992; Ukrainian officials claim this will be an interim
move toward introducing a Ukrainian currency - the hryvnya - possibly as
early as January 1993
Exchange rates:
NA
Fiscal year:
calendar year

:Ukraine Communications

Railroads:
22,800 km all 1.500-meter gauge; does not include industrial lines (1990)
Highways:
273,700 km total (1990); 236,400 km hard surfaced, 37,300 km earth
Inland