Ukraine’s GDP - Latest news GMK Center

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

Amid rising inflation, Ukraine faces the threat of a recession and, under certain circumstances, stagflation

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

Declining production, rising imports, and uncertainty surrounding the CBAM are jeopardizing the industry’s future

The industry has lost positions in many export markets, while becoming increasingly dependent on shipments to the EU

Ukraine's nominal GDP last year amounted to over UAH 8.93 trillion

Ukraine needs new drivers of growth, which can only be found in the industrial sector

Supporting factors included $52.4 billion in international aid, development of the agro-industrial complex and defense industry

In previous quarters, the country's economy showed slower growth

The country's economy continued to operate under difficult conditions last year

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

NBU notes impact of weaker harvest and war on economic dynamics