Average salary in Ukraine's draft state budget for 2027 set at UAH 34,400
The average monthly salary in Ukraine is expected to reach UAH 34,400 in 2027.
The proposed state budget for Ukraine in 2027 anticipates an average monthly salary of UAH 34,409, according to the supporting documents for Bill On the State Budget of Ukraine for 2027. This figure, based on 2026 data, is virtually identical to the budget's base assumption of UAH 30,032. The projected real wage increase for 2026 has been revised upward from 5.1% to 7.4%, mainly due to a lower inflation estimate.
Wage pressures will likely continue due to a shortage of skilled labor resulting from migration, mobilization, and skill mismatches. Industries expected to face the highest demand for workers include defense production, energy, construction, transport, and reconstruction-related activities. GDP growth for 2027 is anticipated at 1.3%, with average inflation at 8.6%.
The unemployment rate is projected at 12.4%, and the dollar is forecasted to exchange for UAH 47.1, with the year-end rate expected at UAH 48.3. The draft budget projects revenues to rise by 8.7% to UAH 5.6 trillion and expenditures to increase by 13.5% to UAH 7.3 trillion. Estimates indicate that international assistance will be required to the tune of $52.6 billion.
Written by urgent.news from Ukrinform - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
