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Ukraine’s economy - Latest news GMK Center

Photo – The ECA supported Ukrainian exports to the tune of 7.4 billion UAH in January–May
The ECA supported Ukrainian exports to the tune of 7.4 billion UAH in January–May

During this period, 33 agreements were supported for 29 exporters

Photo – The IMF has downgraded forecast for Ukraine’s GDP growth in 2026
The IMF has downgraded forecast for Ukraine’s GDP growth in 2026

The Fund notes that the risks to the economy remain extremely high

Photo – The State Statistics Service has revised the rate of GDP decline in Q1 downwards to 0.6% y/y
The State Statistics Service has revised the rate of GDP decline in Q1 downwards to 0.6% y/y

The economic situation is deteriorating due to the impact of winter shelling on the energy sector and the electricity shortage

Photo – The impact of the war in the Middle East on Ukraine’s economy in 2026: the NBU’s perspective
The impact of the war in the Middle East on Ukraine’s economy in 2026: the NBU’s perspective

Depending on the scenario, the direct impact of rising energy and fertilizer prices is estimated at $1.5–3.2 billion

Photo – Ukraine continues to explore ways to mitigate the impact of the CBAM on the economy
Ukraine continues to explore ways to mitigate the impact of the CBAM on the economy

The main challenges lie in working with the European Commission, while the European Parliament supports Ukraine's position

Photo – Business confidence in the construction sector improved slightly in Q2
Business confidence in the construction sector improved slightly in Q2

Ukrainian construction companies have enough work lined up to last an average of six months

Photo – Ukraine’s GDP contracted by 0.5% y/y in Q1
Ukraine’s GDP contracted by 0.5% y/y in Q1

The economic downturn was caused by intensified shelling, severe cold weather, and power shortages

Photo – The NBU kept its key policy rate at 15%
The NBU kept its key policy rate at 15%

The regulator has lowered its inflation forecast for this year

Photo – The ECA supported exports worth over 6 billion UAH in Q1
The ECA supported exports worth over 6 billion UAH in Q1

The agency insured 17 loans and supported 25 export agreements in January–March

Photo – Why Ukraine needs a CBAM delay – and why the EU got it wrong
Why Ukraine needs a CBAM delay – and why the EU got it wrong

Of course, a deferral of a few years won’t fix everything

Photo – CBAM to cost Ukraine 2.1% of GDP by 2030
CBAM to cost Ukraine 2.1% of GDP by 2030

GDP impact could be higher, depending on changes in the post-war structure of Ukraine's economy

Photo – Trends in the Ukrainian construction market in 2025
Trends in the Ukrainian construction market in 2025

Last year, construction volumes in Ukraine grew by 24% in monetary terms

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