Ukraine's real gross domestic product (GDP) in the first quarter of 2015 dropped by 17.6% compared to the same period in 2014, whereas in the fourth quarter of 2014 the fall was 14.8%, in the third – 5.4%, in the second - 4.5%, and in the first - 1.2%.

According to live data published by the State Statistics Service, compared to the fourth quarter of 2014, GDP in the first quarter of 2015 slumped by 6.5%, given the seasonal factor.

The service has not provided other data, in particular on nominal GDP.

The national budget of Ukraine for 2015 is built on the optimistic scenario, providing for a fall in GDP of 5.5% with inflation being 26.7% and an average annual rate of UAH 21.7 per $1, while the government's other two scenarios assume a fall in GDP of 8.6% and 11.9% with inflation being 38.1% and 42.8% respectively.

The National Bank of Ukraine in late April estimated the decline in GDP in the first quarter of 2015 at 15%, while in general over the year it worsened the forecast decline to 7.5%.

According to its data, the decline in the second quarter of 2015 compared to the same quarter of 2014 will slow down to 10.2%, in the third quarter - to 5.7%, while in the fourth quarter growth will reach 2%.

According to the State Statistics Service, Ukraine's GDP in 2014 declined by 6.8%.