UA

COUNTRYPROFILE UKRAINE

IMD World Competitiveness Yearbook 2020, Digital 2020, Talent 2019: summaries

WORLD COMPETITIVENESSRANKING 2020

All data are available from theWorld Competitiveness Online.

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BASIC FACTSCapital

Land area (square km '000) 6042019

Exchange Rate (per $) 25.8462019

Population - market size (millions) 41.862019 21

Gross Domestic Product (GDP) (US$ billions) 153.82019 50

GDP (PPP) per capita (US$) 9,7912019 59

Real GDP growth (%) 3.22019 18

Consumer price inflation (%) 7.892019 60

Unemployment rate (%) 8.202019 52

Labor force (millions) 18.162019 22

Current account balance (% of GDP) -0.862019 43

Direct investment stocks inward ($bn) 43.82018 52

Direct investment flows inward (% of GDP) 1.982019 37

PEER GROUPS RANKINGSEUROPE - MIDDLE EAST - AFRICA (40 countries) POPULATIONS > 20 MILLION (29 countries)

COMPETITIVENESS TRENDS - OVERALL

UKRAINEOVERALL PERFORMANCE (63 countries) Rank

Kiev

CHALLENGES IN 2020Reinforce the rule of law, reform legal system, and restore trust in

the judicial system.

International Management Institute (MIM-Kyiv)

COMPETITIVENESS LANDSCAPE

59 60 5954 55

2016 2017 2018 2019 2020

52

21

5951 50

56

23

6153

6053

38

60

42 41

57 5652

62

43

Dom

estic

Eco

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y

Inte

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iona

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de

Inte

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l Inv

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ent

Empl

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Pric

es

Publ

ic F

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ce

Tax

Polic

y

Inst

itutio

nal F

ram

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k

Busi

ness

Leg

isla

tion

Soci

etal

Fra

mew

ork

Prod

uctiv

ity &

Effi

cien

cy

Labo

r M

arke

t

Fina

nce

Man

agem

ent

Prac

tices

Att

itude

s an

d V

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s

Basi

c In

fras

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Tech

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gica

l Inf

rast

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Scie

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Hea

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nvir

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Educ

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n

Economic Performance Government Efficiency Business Efficiency Infrastructure

38 40 3936 36

2016 2017 2018 2019 2020

27 27 27

24 25

2016 2017 2018 2019 2020

• Reinforce the rule of law, reform legal system, and restore trust in the judicial system.

• Secure economic advancement and improve capital investment efficiency.

• Service the external and internal debt on schedule, secure economic development.

• Manage work migration to stabilize country balance of payment.• Freeze the conflict in Donbas.

Provided by:International Management Institute (MIM-Kyiv)

IMPROVEMENTSWCY 2019

WCY 2020 DECLINES

WCY 2019

1.4.04 Employment - long-term growth -7.69 3.76 4.4.04 Health infrastructure 2.73

3.2.14 Labor force long-term growth -8.17 2.68 2.1.11 Pension funding 2.03

1.2.02 Current account balance -3.56 -0.86 4.4.23 Environment-related technologies 0.08

2.3.04 Country credit rating 10.0 16.3 4.4.19 Forest area growth 1.7

2.3.08 Exchange rate stability 0.084 0.032 3.2.01 Compensation levels 2.03

1.5.01 Consumer price inflation 10.95 7.89 2.1.09 Public finances 3.39

2.3.13 Bribery and corruption 1.52 1.92 1.1.19 Resilience of the economy 3.12

3.3.16 Credit 2.49 3.11 3.3.10 Stock market capitalization (%) 3.91

3.1.09 Small and medium-size enterprises 4.58 5.70 4.2.14 Funding for technological development 4.55

1.4.08 Long-term unemployment 2.49 1.90 4.3.22 Knowledge transfer 3.67

1.2.12 Exports of commercial services ($bn) 13.78 17.02 2.5.01 Justice 2.58

2.3.07 Foreign currency reserves per capita 495 604 4.3.21 Intellectual property rights 4.24

4.4.12 Energy intensity 553 445 4.4.28 Quality of life 3.12

2.4.09 State ownership of enterprises 3.94 4.68 4.5.17 Management education 5.91

3.4.04 Credibility of managers 4.42 5.24 2.4.06 Investment incentives 3.18

COMPETITIVENESS EVOLUTION & ATTRACTIVENESS INDICATORS

UKRAINECOMPETITIVENESS EVOLUTION

1.59

2.63

2.49

2.30

2.92

3.59

2.95

5.03

The criteria below highlight the 15 biggest Improvements and the 15 biggest Declines in the overall performance of the economy. They are

determined by the largest percentage changes in the value of each criterion from one yearbook to the next.

WCY 2020

2.74

KEY ATTRACTIVENESS INDICATORSFrom a list of 15 indicators, respondents of the Executive Opinion Survey were asked to select 5 that they perceived as the key

attractiveness factors of their economy. The chart shows the percentage of responses per indicator from the highest number of responses

to the lowest.

1.19

0.05

1.1

2.11

3.57

2.63

1.4%2.8%5.6%9.9%11.3%15.5%15.5%21.1%21.1%42.3%46.5%47.9%53.5%57.7%77.5%

0% 10% 20% 30% 40% 50% 60% 70% 80% 90%

Competency of governmentPolicy stability & predictability

Effective legal environmentAccess to financing

Business-friendly environmentStrong R&D culture

Reliable infrastructureQuality of corporate governance

Competitive tax regimeEffective labor relations

Open and positive attitudesDynamism of the economy

Cost competitivenessHigh educational level

Skilled workforce

WORLD COMPETITIVENESSDIGITAL RANKING 2020

All data are available from theWorld Competitiveness Online.

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Alpha AlphaLabelBeta BetaLabel Gamma GammaLabel1 2 2 2 2 2 24 4 4 2 2

6.5 4 4 2 28.5 4 4 2 211 4 4 2 2

2016 2017 2018 2019 2020

59 60 58 60 58

44 45 39 40 38

60 62 61 61 59

61 61 61 62 61

OVERALL

Future readiness

PEER GROUPS RANKINGS

EUROPE - MIDDLE EAST - AFRICA (40 countries) POPULATIONS > 20 MILLION (29 countries)

COMPETITIVENESS & DIGITAL RANKINGS

Technology

DIGITAL TRENDS - OVERALL

UKRAINE

OVERALL PERFORMANCE (63 countries)

OVERALL & FACTORS - 5 years

Knowledge

5960

5860

5859

6059

5455

2016 2017 2018 2019 2020

Digital

Competitiveness

3840 40 40 39

2016 2017 2018 2019 2020

2627

25

27

25

2016 2017 2018 2019 2020

38 52 19 50

59 54 59 5858

61 56 51 62

Knowledge Talent Training & education Scientific concentration

Technology Regulatory framework Capital Technological framework

Future readiness Adaptive attitudes Business agility IT integrationThe direction of the triangle indicates the performance change from the last year: improved or stabledeclined

Overall Factors Sub-Factors

N.B. This graph provides only a comparison of the country’s performance in the two rankings.

u Overall top strengths

w Overall top weaknesses

Subfactors 2016 2017 2018 2019 202058 57 55 57 52

20 26 22 21 19

45 45 40 49 50

Talent Rank Rank Rank

Educational assessment PISA - Math 40 45 52 International experience 60 u 11 43 Foreign highly-skilled personnel 59 - u 17 Management of cities 56 u 11 u 21 Digital/Technological skills 27 28 48 Net flow of international students 47 - 37 43

Subfactors 2016 2017 2018 2019 202055 56 54 54 54

60 62 61 62 59

58 60 57 60 58

Regulatory framework Rank Rank Rank

Starting a business 32 - 46 Enforcing contracts 43 60 w 63 Immigration laws 40 56 w 62 Development & application of tech. 59 60 50w Scientific research legislation 61 61 44w Intellectual property rights 61 u 7 52

Subfactors 2016 2017 2018 2019 202060 58 53 59 56

59 56 53 45 51

60 60 61 61 62

Adaptive attitudes Rank Rank Rank

E-Participation 39 32 53 Internet retailing 51 51 59 Tablet possession 55 33 w 61 Smartphone possession 49 40 60 Attitudes toward globalization 49 59 -

Training & education Scientific concentration

Talent

Robots in Education and R&D

IT integration

Business agility IT integration

Scientific concentration

Capital Technological framework

FACTORS BREAKDOWN - STRENGTHS AND WEAKNESSES

UKRAINE

FUTURE READINESS

TECHNOLOGY

Technological framework

Opportunities and threats E-GovernmentWorld robots distribution Public-private partnerships

IT & media stock market capitalization Communications technology

Regulatory framework

Capital

KNOWLEDGE

Entrepreneurial fear of failure

Agility of companies Cyber securityUse of big data and analytics Software piracyKnowledge transfer

Adaptive attitudes

Business agility

Venture capital Internet bandwidth speedInvestment in Telecommunications High-tech exports (%)

Funding for technological development Mobile Broadband subscribersBanking and financial services Wireless broadbandCountry credit rating Internet users

Training & education

Employee training Total expenditure on R&D (%)Total public expenditure on education Total R&D personnel per capitaHigher education achievement Female researchersPupil-teacher ratio (tertiary education) R&D productivity by publicationGraduates in Sciences Scientific and technical employmentWomen with degrees High-tech patent grants

WORLD TALENTRANKING 2019

All data are available from theWorld Competitiveness Online.

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Alpha AlphaLabel Beta BetaLabel Gamma GammaLabel1 2 2 2 2 2 24 4 4 2 2

Value

u 6.0 % 10u 25.6 % 9 963 US$ 53 12.99 ratio 21u 7.21 ratio 2 4.70 Survey [0..10] 36 5.08 Survey [0..10] 51u 47.64 % 13w 2.73 Survey [0..10] 59

Value

u 62.30 index 5 5.52 Survey [0..10] 59 4.30 Survey [0..10] 58 2.39 Survey [0..10] 58w 3.12 Survey [0..10] 61w 2.55 Survey [0..10] 59w 3,311 US$ 59w 28,071 US$ 60 13.28 % 23 2.58 Survey [0..10] 56 20.68 micrograms 47

Value

0.48 % 46 5.12 Survey [0..10] 42 5.64 Survey [0..10] 49 4.36 Survey [0..10] 57 4.39 Survey [0..10] 54 4.76 Survey [0..10] 46 24.22 % 27 4.48 Survey [0..10] 54 5.91 Survey [0..10] 42 4.36 Survey [0..10] 55 1.25 number 48 - Average -

Investment & Development 2019 Rank

Health infrastructure meets the needs of society

2019 Rank

Total public expenditure on education Percentage of GDP

Pupil-teacher ratio (secondary education)Apprenticeships are sufficiently implemented

Readiness 2019 Rank

Educational assessment - PISA PISA survey of 15-year olds

Appeal

Exposure to particle pollution Mean population exposure to PM2.5, Micrograms per cubic metre

is readily available

Labor force growth Percentage change

Skilled labor

Management education meets the needs of the business community

Language skills are meeting the needs of enterprises

Student mobility inbound Foreign tertiary-level students per 1000 inhabitants

Primary and secondary education meets the needs of a competitive economy

Graduates in Sciences % of graduates in ICT, Engineering, Math & Natural Sciences

University education meets the needs of a competitive economy

Finance skills are readily available

International experience of senior managers is generally significant

Competent senior managers are readily available

Justice is fairly administered

Remuneration in services professions Gross annual income including supplements such as bonuses, US$

Remuneration of management Total base salary plus bonuses and long-term incentives, US$

Effective personal income tax rate Percentage of an income equal to GDP per capita

Brain drain (well-educated and skilled people) does not hinder competitiveness in your economy

Quality of life is high

Foreign highly-skilled personnel are attracted to your country's business environment

Cost-of-living index Index of a basket of goods & services in the main city, including housing (New York City = 100)

Attracting and retaining talents is a priority in companies

Worker motivation in companies is high

Gov. expenditure on education per student Percentage of GDP per capita (secondary education)

Total public exp. on education per student

UKRAINE

Spending per enrolled pupil/student, all levels

Pupil-teacher ratio (primary education) Ratio of students to teaching staff

Ratio of students to teaching staff

Employee training is a high priority in companies

Female labor force Percentage of total labor force

IMD World Talent Ranking 2019

OVERALL PERFORMANCE (63 countries)

4649

59

48

44

16 16

35

22

18

58 5962 61 60

5659 60

56

51

2015 2016 2017 2018 2019

Overall

Investment &Development

Appeal

Readiness

18

6044

51

Investment & Development

Appeal

Readiness

The direction of the triangle indicates the performance change from the last year: improved or stabledeclined

2020

IMD WORLDCOMPETITIVENESSYEARBOOK

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