1. Analysis of Economic Situation
3. ECONOMIC INDICATORS 3.1. Macroeconomic Indicators

2. Macroeconomic Indicators
Macroeconomics: A branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole (national, regional, and global economies)
Key issues:
national economy output
inflation
unemployment
fiscal problems

3. National Economy Output
Gross Domestic Product (GDP)
the monetary value of all the finished goods and services produced within a country’s borders in a specific time period
GDP = C + G + I + NX
C - private consumption
G - government spending
I - investment
NX - total net exports
Variations of GDP
nominal
adjusted for inflation
adjusted for purchasing power parity (PPP)
absolute values / relative values

4. OECD Monthly comparative price levels (January 2017)

5. GDP Dynamics in %
Source: WDI Database, the World Bank.

6. GDP of Ukraine - constant vs. fixed (2010) prices, in Hryvna
Source: WDI Database, the World Bank.

7. GDP in constant (2010) USD prices
Source: WDI Database, the World Bank.

8. GDP Per Capita in constant USD (2010) prices
Source: WDI Database, the World Bank.

9. Price Stability
Inflation is a sustained increase in the general price level of goods and services
Hyperinflation: very high inflation (>50% a month)
Hyperinflation in Hungary 1946:
inflation: % a month (42 quadrillion)
 the biggest bank note: Pengő (100 quintillion)
August introduction of Forint with a 1:  000 exchange rate (1 Forint for 400 octillion Pengő)

10. Inflation Rates (in %)
Source: WDI Database, the World Bank.

11. Inflation Rates in Transition (in %)
Source: WDI Database, the World Bank.

12. Labor Market Unemployed Labor market indicators registered
real - Eurostat definition: persons age 15 to 74 who
are not working
have looked for work in the last four weeks
are ready to start work within two weeks
Labor market indicators
unemployment rate: no. of unemployed / labor force
registered unemployment rate
real unemployment rate
employment to population ratio, employment rate: employed / working age population
activity rate, labor force participation rate: total labor force / working age population

13. (Real) Unemployment Rate in 2015 (%)
Source: Eurostat.

14. Activity Rate vs. Employment Rate in 2015 (%)
Source: Eurostat.

15. Unemployment Rate Dynamics (%)
Source: Eurostat via Google Public Data,

16. General Government Balance in 2015 (% of GDP)
Source: Eurostat.

17. Government Consolidated Gross Debt in 2015 (% of GDP)
Source: Eurostat.