Investment potential
Area 20,916.00
Population 1,100,000.00
CPI 111.70
GRDP 756.00
Energy supplyNo data

Cherkasy Oblast is a region of central Ukraine located along the Dnipro River. The administrative centre of the region is Cherkasy city.
Cherkasy Oblast is the 18th largest region of Ukraine, occupying about 3.5% of the country’s area. The Southern Dnipro, with its hilly western bank and flat eastern bank, divides the region into two parts. The oblast borders Kyiv Oblast to the north, Kirovohrad Oblast to the south, Poltava Oblast to the east, and Vinnytsia Oblast to the west. Cherkasy Oblast is located 192 km from Kyiv, 151 km from Boryspil airport and 450 km from Odesa seaport.
Cherkasy Oblast is administratively divided into 4 districts. A total of 16 cities, 15 urban-type settlements, and 824 villages. The administrative centre is Cherkasy.
The economy of the Cherkasy region is mainly dominated by agriculture. The main products in the region are winter wheat and sugar beets, and barley, corn, tobacco and hemp are also grown. Cattle breeding is also important.
The industry is mainly concentrated in Cherkasy, the capital of the region and the largest city. In the late 1960s, in addition to mechanical engineering, furniture manufacturing, and processing of agricultural products, the chemical industry was developed in the city.
Regional GDP in 2021 was 3.8 billion USD (2.6% of Ukraine’s GDP), FDI stock was 265 million USD (0.5% of Ukraine’s FDI stock), and export was 0.8 billion USD (1.6% of Ukraine’s export).
Industry specialization: pharmaceutical industry, chemistry (fertilizers, chemical fibres), automotive industry (cars, injectors), agriculture (grain growing, poultry farming).
Natural resources of the region: brown coal, titanium ores, bentonites, gypsum, clay, and peat.
There are 7 universities and 3 technical schools in the region. The leading universities are the East European University, the Cherkasy State Technological University and the Bohdan Khmelnytskyi National University.
The unemployment rate in the region was 9.8% (average in Ukraine 9.9%) and the average salary was 364 USD (average in Ukraine 430 USD) in 2021.

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