ANALYSIS OF THE ASSESSMENT OF THE STANDARD OF LIVING OF UKRAINIANS BY ECONOMIC INDICATORSJournal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.2, No. 47)
Publication Date: 2021-03-31
Authors : Vivchar Oleksandra; Skip Roksolana;
Page : 53-61
Keywords : standard of living; real GDP; unemployment rate; average wage; housing affordability;
One of the important tasks of any country is to raise the living standards of the population. The article analyzes a number of economic indicators that characterize the living standards of the population of Ukraine, some of them (real GDP, average wages, housing) were compared with the values of other countries. Analyzing the change in real GDP, we found a positive trend in recent years, but comparing it with other countries, we can conclude that GDP at purchasing power parity in Ukraine is quite low. In addition, an assessment of the financial situation of Ukrainians was made by comparing such economic categories as: the level of average wages and the inflation index. The study found that the income level of Ukrainians did increase during 2010–2020, except during the crisis period, which means an improvement in the financial situation of the population. However, comparing the level of the average wage in Ukraine with the value of the same indicator in other countries, we understand that in Ukraine wages are critically low and need to be increased. The article also analyzes such an economic phenomenon as unemployment. This problem has existed in Ukraine throughout the period of its independence, at different times it has been acutely acute. Given the above, we can assume that the population of Ukraine is poorly provided with jobs, which worsens the living standards of Ukrainians. Socio-economic issues of security, accessibility and quality of housing are important. Examining the last criterion of well-being of Ukrainians, it was found that almost 90% of the population of Ukraine is provided with their own housing, but most of them live in terrible conditions, and in some cases dangerous. In view of this, the housing issue needs special attention from the government and an urgent solution. The article provides recommendations for improving the living standards of Ukrainians.
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