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

Doing Business

Ukraine has risen seven places in the 2020 edition of the World Bank’s annual Doing Business survey and now occupies 64th position in the influential survey as the progress of recent years continues.

Ukraine advanced in six of the ten categories featured in the ranking including improvements in getting electricity, registering property, and trading across borders. This is the latest improvement in Ukraine’s position following steady gains following the 2013-2014 Euromaidan Revolution.

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

Human Capital Index

According to the World Bank Group, Ukraine is 50th among 157 countries in the world’s human capital ranking.

Global Innovation Index

Good Country Index

Ukraine for the second year in a row earned the top spot in the science and technology category. The country’s rank in the category is based on five metrics: the number of foreign students according to UNESCO, the amount of published and exported scientific journals and newspapers according to the United Nation’s International Trade Center.

Sovereign Credit Ratings

Recently, the American Chamber of Commerce in Ukraine published a Ukraine business climate survey that revealed that of 110 respondents:

  • 47% have been operating in Ukraine for more than 20 years
  • 82% are planning to expand their business in Ukraine over the next 5 years
  • 64% affirmed that the quality of Ukraine’s investment environment has improved since 2014

According to the 2019 annual report on the most valuable and strongest nation brands, published by Brand Finance, Ukraine strengthened its position and occupied 56th place compared to 58th in 2018. Ukraine is now placed between Luxembourg and Greece.

According to the 2019 annual report on the most valuable and strongest nation brands, published by Brand Finance, Ukraine strengthened its position and occupied 56th place compared to 58th in 2018. Ukraine is now placed between Luxembourg and Greece.

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