Economy
trendsIn 2014 negative balance of payments amounted to US $13.3 bn
In 2014 the negative consolidated balance of payments totaled US $13.307 bn, reported the NBU.
At the same time in December the negative balance of payments amounted to US $2.261 bn, and in Q4 – US $8.36 bn.
The current account deficit in 2014 went down to US $5.2 bn, equal to 4% of GDP (in 2013 – US $16.5 bn dollars, 8.7% of GDP).
In 2014 export of goods dropped from US $64.997 bn (2013) to US $55.605 bn, which resulted from shutdown of production facilities and destruction of transport infrastructure in the east of the country, lower prices on world markets and deterioration of trade relations with Russia.
In 2014 the import volume decreased from US $84.974 bn to US $61.662 bn, which was caused by the weakening of the real exchange rate of the hryvnia (by 19.5%) and reduction in domestic demand (retail trade turnover decreased by 8.6%, industrial production went down by 10.7%).
At year-end 2013 the consolidated balance of payments was positive and totaled US $2.021 bn.
Design, style, and all the contents of website www.capital.uaare protected by copyright and law. Any use of site materials is allowed only while meeting the requirements of reprinting terms and with the reference to www.capital.ua.Only materials in public domain can be used and adding of link and/or direct hyperlink open for search engines to immediate material address on www.capital.ua. The link/hyperlink should be placed in the sub-title or in the first paragraph of the material. Font size of the link or hyperlink should not be less than the font size of the main text in the material. Any use of materials that are in closed access and are only available to registered users is allowed only with the prior written permission of the copyright owner. Reprinting, copying, reproducing, modifying or any other use of materials published with the note 
of the agreement of syndication with Financial Times Limited are strictly prohibited. Use of materials which refers to France-Presse, Reuters, Interfax-Ukraine, Ukrainian News, UNIAN agencies is strictly prohibited. Materials marked 
are published as advertisements.
All rights reserved. © 2012 — 2016