In 2011-2012, Zaporizhia Automobile Building Plant started serial full-scale production of two new models of vehicle, the ZAZ Forza (re-badged Chinese Chery A13) and the ZAZ Vida(re-badged Daewoo Aveo). The Ministry for Development of Economy, Trade and Agriculture of Ukraine has improved the inflation forecast for 2020 to 5.9% (from December to December).The previously approved figure was 11.6%. By 2018, the Ukrainian economy was growing rapidly, and reached almost 80% of its size in 2008.

The economy recovered in 2010 and continued improving until 2013. [176], Industrial production growth rate: [135] Ukraine is the world's 6th largest, 5th if not including the EU as a separate state, producer of corn in the world and the 3rd largest corn exporter in the world. Poverty rate: 4% in 2018 (below 5.5 USD/day). Among its economy leading companies in that field are Metinvest, Kryvorizhstal, AzovStal, Ilyich Steel & Iron Works, and others. Bogdan Corporation is a leading Ukrainian automobile-manufacturing group, including several car- and bus-makers of the country. The resulting revenues are channelled to environmental protection activities, but enforcement of this pollution fee system is lax. [37] A Ukrainian government report stated early in February 2016 that Ukraine's economy had shrunk by 10.4% in 2015. [56][check quotation syntax], Ukraine stabilised by the early 2000s. Ukraine automobile manufacturers produces diesel locomotives, tractors, trucks, buses, trolleybuses, own-designed cars and trams. Production of An-148 aircraft is now one of the most prospective projects for Ukrainian plane manufacturing industry with 35 units manufactured since 2009 (together with Russian production). Ukraine has demonstrated timely access to fiscal and external financing, improving macroeconomic stability and declining public indebtedness. [42], The nation has many of the components of a major European economy: rich farmlands,[43][44] a well-developed industrial base, highly trained labour, and a good education-system. According to preliminary estimates of the Investment Promotion Office (UkraineInvest), it is expected to attract about $2.2 billion in investments in the Ukrainian economy in 2020-2022. Beginning of passenger cars manufacturing in Ukraine started in 1959. A political crisis in the middle of 2006 was feared as a threat to economic and investment stability, however, despite the forecasts, the political situation has not scared investors. In 2013 Electrotrans starts producing low-floor trams, the first Ukrainian 100% low-floor tramways.[120]. Ukraine Launches World's First Virtual Business Country for Creative Economy - Diia City President of Ukraine, Volodymyr Zelenskyy, establishes virtual digital country for IT sector News provided by