Ukraine’s GDP grew by 2.2% in 2025 – Ministry of Economy

In 2025, Ukraine’s real GDP grew by 2.2% year-on-year. These preliminary estimates were released by the Ministry of Economy, Environment, and Agriculture.

As noted, last year the country’s economy continued to operate amid attacks on energy infrastructure, complex logistics, and high security risks, but still showed growth close to the forecast. This was supported by positive dynamics, in particular, in such key sectors as domestic (primarily retail) trade; construction; manufacturing, in particular, the increase in the production of defense products, metallurgical products, building materials, and others.

Among the factors that supported economic activity last year, the ministry cited the implementation of business recovery and development programs financed by international financial assistance; growth in household consumption amid continuing wage increases; significant capital expenditures from the budget for the restoration of critical infrastructure, housing programs, and the purchase of domestic defense industry products.

Last year also saw continued structural changes in manufacturing, with an increase in the role of higher value-added activities. In particular, according to the State Statistics Service, in the first 11 months of 2025, the share of machine building in the structure of industrial sales increased to 9.1% (5.7% in 2021). There was also an increase in the utilization of production capacities in industry.

In turn, in 2025, the economy was slowed down by massive Russian missile attacks on power generation facilities and, for the first time in years of full-scale war, on gas extraction infrastructure. Other negative factors included lower yields of certain crops due to unfavorable weather conditions, logistical difficulties, the suspension of natural gas transit via pipeline, and a decline in demand, particularly from agriculture.

It should be noted that Ukraine’s real GDP in 2024, according to the State Statistics Service, grew by 2.9%.