Live registry view · as of 2026-08-23
Living repository

Key Labor Market Indicators in Ukraine

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Nominal wages, y-o-y % (period average)20222023202420252026'E2027'F2028'F2029'F2030'F2031'F2032'F2033'F2034'F2035'F
IMF Country Report (July 2026), baseline
as of 2026-07
IMF Country Report (July 2026), downside
as of 2026-07
NBU Inflation Report (July 2026)
as of 2026-07
KSE Macro Handbook (July 2026)
as of 2026-07
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Population, mln20222023202420252026'E2027'F2028'F2029'F2030'F2031'F2032'F2033'F2034'F2035'F
IMF WEO (April 2026)
as of 2026-04
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Unemployment rate, %20222023202420252026'E2027'F2028'F2029'F2030'F2031'F2032'F2033'F2034'F2035'F
IMF Country Report (July 2026), baseline
as of 2026-07
IMF Country Report (July 2026), downside
as of 2026-07
EC Economic Forecast (May 2026)
as of 2026-05
NBU Inflation Report (July 2026)
as of 2026-07
KSE Macro Handbook (July 2026)
as of 2026-07
ICU Macro Insight (June 2026)
as of 2026-06

Every cell is queried by row ID from the data registry. Click a value to see its provenance (publisher, document, vintage, primary source).

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From the primary sources — verbatim

“The labor market is expected to stay exceptionally tight until demobilization, when the average unemployment rate is projected to rise from 9.5% in 2027 to 11.1% in 2028, before investment pulls it back down toward ~9% by 2029.”

KSE Institute (Kyiv School of Economics) — Ukraine Macroeconomic Handbook, p.5 · vintage 2026-08 · UA-Q-0048✓ substring-verified

“As the secular population decline resumes, growth will need to be underpinned by productivity gains, continued high investment and export expansion.”

International Monetary Fund — Ukraine: Country Report (EFF programme reviews), p.21 · vintage 2026-07 · UA-Q-0046✓ substring-verified

“A rapid improvement in the security situation will help stabilize the energy sector, reverse negative migration trends, boost domestic and foreign investment, and significantly accelerate economic growth.”

National Bank of Ukraine — Inflation Report, p.6 · vintage 2026-07 · UA-Q-0047✓ substring-verified

“Labour shortages are expected to remain pronounced over the forecast horizon due to slow reintegration, the lasting impact of the war on the workforce, and persistent regional and skills mismatches. As a result, the unemployment rate is set to remain high, albeit on a gradually declining path.”

European Commission — European Economic Forecast, p.183 · vintage 2026-05 · UA-Q-0049✓ substring-verified
Predictive power of institutions — forecast accuracy

Comparison of institutional forecast accuracy by Average error, Mean absolute error (MAE) and Adjusted MAE. Institutions are ranked by Adjusted MAE — the lowest value indicates the strongest predictive power and is highlighted.

Nominal wages, y-o-y %
forecast error, pp · sorted by Adj. MAE rank · best institution shaded
  • Adj. MAE
  • Avg. error
  • MAE
-5-1379ICUKSENBUIMF
InstitutionNAvg. error (pp)MAE (pp)Adj. MAE (pp)Rank AvgRank MAERank Adj. MAE
ICUbest · Adj. MAE4+3.713.903.19311
KSE4-1.914.166.31122
NBU21-2.686.926.67233
IMF18-3.857.537.50444
Unemployment rate, %
forecast error, pp · sorted by Adj. MAE rank · best institution shaded
  • Adj. MAE
  • Avg. error
  • MAE
-5-2146ICUIMFNBUECKSE
InstitutionNAvg. error (pp)MAE (pp)Adj. MAE (pp)Rank AvgRank MAERank Adj. MAE
ICUbest · Adj. MAE15-0.693.923.59231
IMF21-3.404.163.86542
NBU24-2.264.913.94453
EC9+1.802.084.25324
KSE4+0.420.944.71115
Methodology

Forecasts made long before the actual data are released are inherently harder than those made shortly before release. The Adjusted MAE therefore takes into account the period of time between the making of each forecast and the release of the actual data, putting institutions that forecast at different horizons on an equal footing. The approach follows Michael K. Andersson, Ted Aranki and André Reslow: “Adjusting for Information Content when Comparing Forecast Performance” (2016) and “Evaluation of the Riksbank’s forecast” (2018).

Notes
  • — Implied nominal wage growth (KSE): KSE Institute does not publish nominal wage growth directly. The KSE row in the nominal wages table is computed by our code from KSE's Macroeconomic Handbook forecasts as (1 + real wage growth) × (1 + CPI inflation, period average) − 1, and is shown for forecast years only.