Ukraine’s GDP

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The State Statistics Service estimates a fall in Ukraine’s GDP in the IV quarter of 2022 at 31.4% y/y

The country's economy decreased by 4.7% in October-December 2022 compared to the previous quarter

The rate of decline in Ukraine’s GDP slowed to 26% in February 2023 – Ministry of Economy

Economic activity began to gradually recover, taking into account the significant reduction in the electricity deficit

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Analysts expect the Ukrainian economy to fall by 0.5% in 2023

Although current forecasts are characterized by a high level of uncertainty, they have improved due to stability in the power system

Fitch expects Ukraine’s GDP to grow by 2% in 2023

The inflation rate in the country, according to the agency's forecasts, will decrease to 21% in 2023

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The IMF expects a fall in Ukraine’s GDP in the fourth quarter of 2022 by 40.5% y/y

According to the results of the year, as the department expects, the Ukrainian economy will decrease by 33%

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Economic losses from the war will increase to $700 billion by the end of 2022 – Denys Shmyhal

The reduction of the Ukrainian economy at the end of the year may increase to 50% if Russia continues its energy terror

The State Statistics Service estimates a fall in Ukraine’s GDP in the third quarter of 2022 at 30.8% y/y

The country's economy grew by 9% in July-September 2022 compared to the previous quarter

Almost half of the expenditures of the 2023 state budget are Western aid

The government expects next year GDP growth of 3.2% and inflation at the level of 28%

The National Bank improved the estimate of GDP decline in 2022 – up to 32%

The NBU kept the discount rate at 25% per annum

The Ministry of Economy estimates a fall in Ukraine’s GDP in January-September 2022 at the level of 30% y/y

In September 2022, Ukraine's economy fell by 35% y/y – at the level of the previous month

The World Bank improved the growth forecast of Ukraine’s economy in 2023 to 3.3%

Expectations for 2022 have also improved – falling 35% from the previous forecast of 45.1%

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