DYNAMICS OF UKRAINE INDUSTRY DEVELOPMENT AS AN INTEGRATED PROVISION OF ECONOMIC SECURITY OF NATIONAL ECONOMY

Abstract

The article examines the dynamics of development of the Ukrainian industry as a factor in ensuring the economic security of the national economy. Gross domestic product in value terms increased 2.24 times in the period 2014-2018. However, the GDP level in 2018 amounted to only 91.3% of the level of 2013. For the period 2014-2018, in the national economy of Ukraine there was an increase of indices of industrial production: in general, by industry by 13.01%, by extractive industry - by 13.66%, in manufacturing - by 102,4%. The growth rate of industrial production of mining industry (2.53 times) exceeded the growth rate of production of processing industry (2.09 times) by 21.05%. During the 2014-2018 period, FDI decreased by 39.88%, which is a negative trend. The volume of capital investments mastered in the period 2014-2018 in the national economy of Ukraine as a whole increased 2.64 times, in industry - 2.31 times. The share of capital investment in industry in 2018 amounted to 34.54% and decreased by 4.76% over the period under review. The volume of capital investments in processing industry in 2018 exceeded the volume of capital investments in mining industry by 1.87 times. The share of innovative enterprises was not high, accounting for only 14.1% of the total number of enterprises in 2018. Production growth with the use of high-level technologies was at the following rates: 2016 -10.6%, 2017 - 7.7%, 2018 - 0.7%; using mid-level technologies: 0.7% in 2016, 11.4% in 2017 and 6.4% in 2018. The dynamics of Ukraine's ranking on the Global Competitiveness Index is positive: since 2014, Ukraine has risen by 7 points in the competitiveness rating of the economies of the world. The level of the integral indicator of economic security of the national economy is in line with the “satisfactory” rating on the Harrington scale.