Icon
Come back

1 min

25 Mai. 2024

1862

Which industries provided the most revenues to the state budget in the first 4 months of 2024?

Finance
Krieg
Ukraine
Which industries provided the most revenues to the state budget in the first 4 months of 2024?

In the context of a full-scale invasion, the Ukrainian economy is suffering unprecedented losses almost every day. Find out which industries have paid the most taxes in the first 4 months of this year, as well as where the largest increase in payments occurred compared to April last year

Legal assistance on entry and stay in Ukraine
Legal assistance on entry and stay in Ukraine
GET


From January to April 2024, the largest contribution to the state budget, namely the share of taxes and fees paid to the consolidated budget, was provided by the financial and insurance industry. This was reported by the State Tax Service.


We will tell you who are the leaders and which industries have the highest growth compared to last year's figures in the article below. Read here how much taxes the Ukrainian tourism industry brought in last year.


Earlier, we also wrote that for the first time since the beginning of the full-scale invasion, most businesses named insecurity as the main obstacle to doing business. Read this article to find out what other obstacles entrepreneurs consider serious and how their attitudes have changed recently.




Visit Ukraine on social media: Telegram | YouTube | Instagram | Facebook | Twitter | TikTok




Which industries generated the most revenues to the state budget?


According to the published data, the following industries were the leaders in terms of the share of taxes paid by business entities


– financial and insurance activities (15.7%);

– wholesale and retail trade, repair of motor vehicles and motorcycles (15.6%)

– manufacturing (14.2%);

– public administration and defense, compulsory social insurance (10.7%).


Read this article to find out how many companies foreigners have opened in Ukraine since the beginning of the war.


At the same time, the largest increase in payments for the period from January to April of this year, compared to the same period last year, occurred in the following industries


– financial and insurance activities - an increase of 8.7 times, which in recalculation amounts to +UAH 76.4 billion

– wholesale and retail trade, repair of motor vehicles and motorcycles - an increase of 25.4%, which in recalculation amounts to UAH 17.4 billion;

– processing industry - an increase of 18.1%, or +UAH 12 billion;

– transportation, warehousing, postal and courier activities - an increase of 40.3% or +UAH 9.8 billion.


We remind you! A record number of new businesses were registered in Ukraine in the first quarter of 2024. The number of newly opened sole proprietorships over the past three months exceeds the pre-war figures for 2021. Read what kind of business and in what regions Ukrainians are most actively starting in our previous article.


Photo: Depositphotos/Nikilev


Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.






Darya Rogova is the head of the Visit Ukraine insurance department


Feel confident during your stay in Ukraine. Take out an insurance policy from verified insurance agents on the Visit Ukraine portal. Reliable protection for your mail in just a few minutes.


Do you have additional questions? Contact the Visit Ukraine hotline (Telegram | WhatsApp).




We recommend purchasing it for a safe and comfortable trip to Ukraine: 


Visit Ukraine Insurance – safe travel in Ukraine (insurance covering military risks);

Visit Ukraine Legal advice – comprehensive legal support on entry to Ukraine;
Visit Ukraine Tickets – bus and train tickets to/from Ukraine;

Visit Ukraine Tours – the largest online database of tours to Ukraine for every taste;

Visit Ukraine Hotels – hotels for a comfortable stay in Ukraine;

Visit Ukraine Merch – patriotic clothing and accessories with worldwide delivery.




© 2018-2024, Visit Ukraine. Use, copying or reprinting of materials on this site is permitted only with a link (hyperlink for online publications) to Visit Ukraine.

All rights reserved.

Recommended articles

2 min

Popular It was a matter of time: why are the power cuts in Ukraine happening again and are there any schedules?

It was a matter of time: why are the power cuts in Ukraine happening again and are there any schedules?

Light outages are again being recorded across Ukraine due to a significant deficit in the energy system. Not only production, but also ordinary citizens need to prepare for blackouts. Find out what this is related to and how serious it is

15 Mai. 2024

More details

2 min

BusinessUA Since the beginning of the war, foreigners have established more than 2.6 thousand companies in Ukraine: who most often starts a business

Since the beginning of the war, foreigners have established more than 2.6 thousand companies in Ukraine: who most often starts a business

The full-scale invasion did not prevent foreign investors from developing their business in Ukraine. This demonstrates not only the interest of foreign businessmen in the development of the Ukrainian market, but also their confidence in the potential of the country's economy even during the period of military operations. Learn more about the most active foreigners in the business market

17 Mai. 2024

More details

1 min

Krieg Some Western countries have already sent troops to Ukraine: what functions do they perform?

Some Western countries have already sent troops to Ukraine: what functions do they perform?

Western troops are already present in Ukraine, but are not involved in the war because they have specialisations that keep them away from the front line. Find out what foreign troops are doing on Ukrainian territory and why countries have sent them there at their own risk

20 Mai. 2024

More details

1 min

Transport The choice is not surprising: where Ukrainians most often travel abroad by train

The choice is not surprising: where Ukrainians most often travel abroad by train

Ukrainians can now use railway services to travel abroad. Now 28 flights are available for citizens, which run to European cities. Find out how busy these services are and what to do if you have not had time to buy a ticket

20 Mai. 2024

More details