Ukraine is in the international ranking

Since 2014, simplification of bureaucratic procedures, easing of tax pressure and successful political reforms have strengthened Ukraine's place in the international ranking. This growth has been recognized by the World Bank, International Monetary Fund, and reputable international financial institutions. To independently compare Ukraine's economic attractiveness with other countries, we have compiled a list of international rankings that measure ease of doing business, human capital, and macroeconomic stability.

Doing business

Ukraine climbed seven places in the 2020 edition of the World Bank's annual Doing Business Survey, and is now ranked 64 in the impact survey as progress has continued in recent years.

Ukraine advanced in six of the top ten categories including improvements in getting electricity, registering property, and trading across borders. This is the latest improvement in Ukraine's position after steady gains after the 2013-2014 Euromaidan revolution.

Ukraine has now climbed 48 places since the October 2013 release of the annual survey, when it ranked 112th in the world.

Ukraine advanced 48 places

Human Capital Index

According to the World Bank, Ukraine ranks 50th out of 157 countries in the human capital ranking in the world.

Global Innovation Index

47th in the world in 2019
Global Innovation Index

Good Country Index

For the second year in a row, Ukraine has ranked first in the category of science and technology. The country's ranking in this category is based on five metrics: the number of foreign students according to UNESCO, the number of scientific journals and newspapers published and issued according to the United Nations International Trade Center.

Global Open Data Index

Sovereign Credit Ratings

Recently, the American Chamber of Commerce in Ukraine published a survey of the business climate in Ukraine that showed the opinion of 110 participants:

  • 47% have worked in Ukraine for more than 20 years
  • 82% plan to expand their business in Ukraine over the next five years
  • 64% assured that the quality of Ukraine's investment environment has improved since 2014

Find out more Around Poll results.

According to the 2019 Annual Report on Most Valuable and Powerful Brands, published by Brand Finance, Ukraine consolidated its position and ranked 56th compared to 58 in 2018. Ukraine is now located between Luxembourg and Greece.

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