the
Ukrainian economy vulnerable to external shocks. Now in his second
term, President KUCHMA has pledged to reduce the number of government
agencies, streamline the regulatory process, create a legal environment
to encourage entrepreneurs, and enact a comprehensive tax overhaul.
Reforms in the more politically sensitive areas of structural reform and
land privatization are still lagging. Outside institutions - particularly
the IMF - have encouraged Ukraine to quicken the pace and scope of reforms
and have threatened to withdraw financial support. GDP in 2000 showed
strong export-based growth of 6% - the first growth since independence -
and industrial production grew 12.9%. The economy continued to expand in
2001 as real GDP rose 9% and industrial output grew by over 14%. Growth
was undergirded by strong domestic demand and growing consumer and
investor confidence.

GDP: purchasing power parity - $205 billion (2001 est.)

GDP - real growth rate: 9% (2001 est.)

GDP - per capita: purchasing power parity - $4,200 (2001 est.)

GDP - composition by sector: agriculture: 13% industry: 40% services:
47% (2000 est.)

Population below poverty line: 29% (2001 est.)

Household income or consumption by percentage share: lowest 10%: 3.7%
highest 10%: 23.2% (1999)

Distribution of family income - Gini index: 30 (1999)

Inflation rate (consumer prices): 12% (2001 est.)

Labor force: 22.8 million (yearend 1997)

Labor force - by occupation: industry 32%, agriculture 24%, services 44%
(1996)

Unemployment rate: 3.6% officially registered; large number of
unregistered or underemployed workers (November 2001)

Budget: revenues: $10.2 billion expenditures: $11.1 billion, including
capital expenditures of $NA (2002 est.)

Industries: coal, electric power, ferrous and nonferrous metals,
machinery and transport equipment, chemicals, food processing (especially
sugar)

Industrial production growth rate: 14.2% (2001 est.)

Electricity - production: 163.57 billion kWh (2000)

Electricity - production by source: fossil fuel: 49.54% hydro: 7.02%
other: 0.01% (2000) nuclear: 43.44%

Electricity - consumption: 151.72 billion kWh (2000)

Electricity - exports: 400 million kWh (2000)

Electricity - imports: 0 kWh (2000)

Agriculture - products: grain, sugar beets, sunflower seeds, vegetables;
beef, milk

Exports: $17.3 billion (2001 est.)

Exports - commodities: ferrous and nonferrous metals, fuel an