Located in Eastern Europe, Ukraine is on the Black Sea, with Russia to its East. The country’s economy formed the core of the former Soviet Union’s powers (after Russia) with its fertile land accounting for more than a quarter of the agricultural output in the region. Following its independence, Ukraine has had a complicated relationship to its former rulers with both economic ties, as well as military conflicts with Russia compromising much of its recent history.

Although the second largest in the Soviet era, Ukraine’s economy has fallen to less than 40% of its pre-independence level. Transportation and spacecraft are two of their biggest exports with Antonov airplanes and KrAZ trucks exported to many countries. Most Ukrainians are Orthodox Christians, with many ethnic groups represented, and with Ukrainian as its official language. Other languages used include Russian and Hungarian.

 

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Average Monthly Earnings

Employment-to-Population Ratio

Unemployment Rate

Employment by Sector

Agriculture 14.0%
Industry 26.0%
Services 60.0%

Employment Distribution by Education

Age 15+

Less than Basic 0.1%
Basic 2.0%
Intermediate 45.1%
Advanced 52.9%
Level Not Stated 0%

Age 15-24

Less than Basic 0.2%
Basic 2.4%
Intermediate 49.8%
Advanced 47.6%
Level Not Stated 0%

Age 15-64

Less than Basic 0.1%
Basic 1.9%
Intermediate 45.1%
Advanced 53.0%
Level Not Stated 0%

Age 25+

Less than Basic 0.1%
Basic 1.9%
Intermediate 44.7%
Advanced 53.3%
Level Not Stated 0%

With new leadership and Brexit negotiations continuing, the UK is undergoing major changes. Stay ahead of UK labor and HR compliance: https://t.co/OIjcoiy50p

Global HR compliance gets more complicated each year – get real-time updates and customized employee documents for the countries you operate in: https://t.co/Rkbzh8jMlD

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Before you expand operations in a new country, learn about the employment regulations to stay compliant with in-country requirements: https://t.co/8dXQ11v4qX

Learn how to manage employment compliance in any country with customized tools and technology to keep you ahead of regulations: https://t.co/96rVcWHtcO

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