DISINFO: Ukraine is the most failed economy on Earth
SUMMARY
Ukraine is the most failed economy on planet Earth; the only country where the GDP level decreased by 30 percent in comparison with the situation 30 years ago.
RESPONSE
Recurring pro-Kremling disinformation narrative portraying the economic situation of Ukraine as disastrous and blaming various international actors - EU, IMF - never Russia, for this state of affairs. According to the World Bank, the GDP of Ukraine grew by 3.5 percent in the first half of 2019 compared to 3.3 percent in 2018. The solid growth was driven by a strong agricultural harvest as well as sectors dependent on domestic demand, including services (domestic trade, transport, and the financial sector) and construction. In 2019 the GDP of Ukraine is 130,832 billion USD. Thirty years ago it was 82,709 billion USD - an increase of over 50 percent. Ukraine’s economic freedom score is 52.3, making its economy the 147th freest out of 180 other countries in the 2019 Index of The Heritage Foundation.