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Ukraine’s economy - Latest news GMK Center

Photo – Seasonal factors, not geopolitics: what is driving gas prices this winter
Seasonal factors, not geopolitics: what is driving gas prices this winter

The indicative price for our industry in January is UAH 20,000 per 1,000 cubic meters excluding VAT, but the premium may increase due to shelling

Photo – An unsolved problem: staff shortages have become the main problem for Ukrainian businesses
An unsolved problem: staff shortages have become the main problem for Ukrainian businesses

Hopes for improvement after refugees return are fading fast – less than half of Ukrainians plan to return

Photo – Income growth: what is happening on the Ukrainian labor market
Income growth: what is happening on the Ukrainian labor market

Real wages are expected to grow by 6.2% this year, compared to a 15.6% increase in 2024

Photo – Ukraine’s trade turnover in January-November amounted to $112.2 billion
Ukraine’s trade turnover in January-November amounted to $112.2 billion

During this period, goods worth $75.4 billion were imported into Ukraine, while exports amounted to $36.8 billion

Photo – Ukraine’s GDP growth accelerated to 2.1% in Q3
Ukraine’s GDP growth accelerated to 2.1% in Q3

In previous quarters, the country's economy grew much more slowly

Photo – Why the NBU is against boosting the economy through inflation
Why the NBU is against boosting the economy through inflation

One of the current positives is that during the war, Ukraine has become one of the world leaders in defense innovation

Photo – Ukraine’s economy is “hitting the ceiling”: why growth is slowing down after recovery
Ukraine’s economy is “hitting the ceiling”: why growth is slowing down after recovery

Among the reasons are a shortage of personnel, high energy prices, and a decline in private investment

Photo – Cabinet of Ministers approves draft state budget for 2026
Cabinet of Ministers approves draft state budget for 2026

UAH 41.5 billion earmarked for business support

Photo – What Yulia Svyrydenko’s government plans to do for the economy
What Yulia Svyrydenko’s government plans to do for the economy

At the same time, Ukrainian business has formed its own vision of government policy

Photo – The NBU has downgraded its estimates of migration flows for the coming years
The NBU has downgraded its estimates of migration flows for the coming years

Prolonged migration outflows will hamper economic recovery and increase inflationary pressure

Photo – On a downward trend: prospects for the Ukrainian economy are deteriorating significantly
On a downward trend: prospects for the Ukrainian economy are deteriorating significantly

In the first half of the year, industrial production and construction indicators have already entered negative territory, while GDP is still showing minimal growth

Photo – What dynamics of Ukrainian economic development does the NBU predict?
What dynamics of Ukrainian economic development does the NBU predict?

The National Bank expects a deterioration in the security situation in the coming quarters and a low harvest in 2025

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