Coronavirus: Ukrainian businesses during the quarantine

The quarantine’s impact on the Ukrainian economy

Situation as of 25 April 2024

The beginning of the spring 2020 lockdown can be considered the zero point for the entire world. Let’s take a look at how Ukrainian businesses have been developing in the new reality.

Vacancies
Date	15 March 2020	22 Mar	29 Mar	5 Apr	12 Apr	19 Apr	26 Apr	3 May	10 May	17 May	24 May	31 May	7 Jun	14 Jun	21 Jun	28 Jun	5 Jul	12 Jul	19 Jul	26 Jul	2 Aug	9 Aug	16 Aug	23 Aug	30 Aug	6 Sep	13 Sep	20 Sep	27 Sep	4 Oct	11 Oct	18 Oct	25 Oct	1 Nov	8 Nov	15 Nov	22 Nov	29 Nov	6 Dec	13 Dec	20 Dec	27 Dec	3 Jan	10 Jan	17 Jan	24 Jan	31 Jan	7 Feb	14 Feb	21 Feb	28 Feb	7 Mar	14 Mar	21 Mar	28 Mar	4 Apr	11 Apr	18 Apr	25 Apr	2 May	9 May	16 May	23 May	30 May	6 Jun	13 Jun	20 Jun	27 Jun	4 Jul	11 Jul	18 Jul	25 Jul	1 Aug	8 Aug	15 Aug	22 Aug	29 Aug	5 Sep	12 Sep	19 Sep	26 Sep	3 Oct	10 Oct	17 Oct	24 Oct	31 Oct	7 Nov	14 Nov	21 Nov	28 Nov	5 Dec	12 Dec	19 Dec	26 Dec	2 Jan	9 Jan	16 Jan	23 Jan	30 Jan	6 Feb	13 Feb	20 Feb
Open vacancies	54,072	53,240	45,225	37,413	31,433	24,833	22,848	24,796	26,303	27,708	31,911	35,843	39,547	40,156	43,507	44,836	43,838	45,007	46,321	46,051	46,530	49,765	49,756	51,339	50,462	53,022	54,500	54,585	55,441	56,075	54,798	53,956	52,182	51,724	50,391	49,452	48,653	51,102	53,618	55,112	54,385	51,164	45,983	41,816	42,004	48,293	54,938	64,519	69,728	69,393	70,289	72,825	69,952	74,597	75,649	75,728	74,827	75,571	75,682	77,475	73,241	74,718	83,226	87,533	91,870	97,041	96,696	92,822	90,312	93,525	94,098	93,342	94,924	95,803	96,981	99,822	98,984	102,144	106,455	107,946	108,420	110,357	107,292	106,259	100,309	101,444	100,280	97,586	100,170	97,623	95,255	93,559	91,623	88,048	80,407	67,676	71,248	80,840	88,005	95,539	99,363	92,941
New vacancies	38,061	38,171	29,945	24,898	21,267	18,390	16,683	19,063	19,222	19,800	22,888	25,473	27,639	27,575	30,874	31,557	29,742	31,927	32,663	32,342	32,565	33,655	35,571	36,388	34,159	37,189	38,322	38,484	38,811	38,951	37,742	37,502	35,837	36,276	35,427	35,164	34,159	37,535	36,170	34,804	31,305	29,770	26,562	25,228	27,027	33,117	36,089	42,683	43,637	42,242	42,620	46,497	42,286	47,520	45,934	46,127	48,287	46,865	46,608	47,291	43,453	47,102	55,078	54,525	56,816	62,358	58,804	53,433	52,787	61,313	58,176	56,669	56,501	60,601	61,090	61,235	57,340	61,125	69,827	64,481	64,192	62,610	66,863	63,182	55,387	58,790	60,443	60,801	58,828	57,045	56,629	61,776	56,156	51,647	44,774	40,381	50,624	56,087	56,578	58,487	65,009	58,888

Work.ua currently Work.ua lists 69 728 active vacancies.

Of the few substantial declines seen over the past year, two were due to the spring and winter lockdowns. The spring decline can also be attributed to seasonal factors.

Djinni, a job search website for IT specialists, currently lists 17 371 vacancies and 16 786 résumés

Vacancies remained mostly on the upward track for the entire 2020, while résumés continuously decreased. Vacancies dropped a little only during the lockdowns.

Jooble, a foreign job search website, currently lists 9 462 vacancies.

In 2020, demand for Ukrainian talent gradually increased abroad. The multiple drops seen in early autumn and before the winter lockdown can be attributed to the seasonal character of jobs offered to Ukrainians.

Currently, OLX Robota 49,669 trade job openings are listed on the website.

A job posting gets five applications on average. Trade job openings and applications showed the fastest growth in the Beauty/Fitness/Sports category in May.

According to Bird, a Kyiv rental aggregator, 1-room flats in Kyiv are available for rent at UAH 10500, 2-room flats — at UAH 17100, and 3-room flats — at 33600.

In H1 2020, flat rental rates were moving mostly down. The seasonal uptick that brought the prices above the pre-quarantine levels happened in autumn, subsiding in November. Presently the rental rates have mostly returned to the pre-quarantine levels.

According to Flatfy, a worldwide real estate search engine, 1-room flats in Kyiv are currently priced at UAH 1,87 million, 2-room flats — at UAH 2,76 million, and 3-room flats — at UAH 4,0 million.

In H1 2020, prices for 1- and 2-room flats were mostly going down, while those for 3-room ones remained on the upward track since the start of the pandemic. Prices have generally been rising since early autumn and continue to climb, even though they have exceeded the pre-quarantine levels already.

Every week, 5,4 new individual entrepreneurs are registered in Ukraine.

During the 2020 quarantine, half as much new individual entrepreneurs were registered as usual, but the figure stabilized in early June. New business registrations slumped at the end of the year, probably because of lockdowns.

Every week, 1,2 new companies are registered in Ukraine.

In H1 2020, new company registrations decreased almost twofold, stabilizing in June.

Presently, 77% of cafés and restaurants generate 81% of turnover against the pre-pandemic period.

In 2020, the catering industry was among those that suffered the most from the pandemic. In the first weeks of quarantine, all but 32% of eateries closed their doors.

Now, Ukrainian cafés and restaurants are generating 81% of turnover seen in early 2020.

Multiple slumps and rebounds in turnover happened throughout the year, mostly due to loosening or stiffening of quarantine limitations or enactment of lockdowns.

Apple has released information about Ukrainians’ trips.

Presently, Ukrainians walk 19% more and drive 9% more than before the pandemic.

After a lockdown slump, Ukrainians’ activity mostly rebounded throughout the year.

Airline ticket reservations at Aviasales are currently at 59% of the pre-pandemic level.

After a slump that followed the enactment of quarantine in March 2020, the figure rebounded and even exceeded the early 2020 level. However, airline ticket sales remained on a downward track since October 2020.

According to Railwaybot, a railway ticket search bot, railway tickets sales are currently at 93% of the early 2020 level in Ukraine.

Railway services were restored after the first lockdown in June 2020. Multiple upticks in railway ticket purchases have been seen since then: in the summer of 2020 and before the enactment of the 2021 lockdown early this year.

Weekly coronavirus stats

Ministry of Healthcare of Ukraine data

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