Exports of Services (BoP, USD) in Ukraine

Exports of services as a part of balance of payment reached 14.2 USD bil in 2017 in Ukraine, according to the National Statistical Office. This is 13.8 % more than in the previous year.

Historically, exports of services as a part of balance of payment in Ukraine reached an all time high of 22.6 USD bil in 2013 and an all time low of 2.82 USD bil in 1994. When compared to Ukraine's main peers, exports of services as a part of balance of payment in Poland amounted to 58.7 USD bil, 23.4 USD bil in Romania and 57.7 USD bil in Russia in 2017.

Ukraine has been ranked 53rd within the group of 156 countries we follow in terms of exports of services as a part of balance of payment, 13 places behind the position seen 10 years ago.

Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.

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