Economy of Ukraine

OVERVIEW: Ukraine has many of the components of a major European economy - rich farmlands, a well-developed industrial base, highly trained labor, and a good education system. At present, however, the economy remains in poor condition. Ukraine's economy is ranked 45th in the world according to 2008 GDP (nominal) with the total nominal GDP of 399.866 billion USD (2007 est.), and 8,624 USD GDP per capita (2007 est.).Ukraine is relatively rich in natural resources, particularly in mineral deposits.