Ukraine’s GDP - Latest news GMK Center

The ongoing Russian invasion is affecting investment and business activity

Compared to the previous quarter, the indicator increased by 0.2%

The prospects for improving the economic situation in Ukraine by the end of this year appear limited

GDP growth slowed down, but industrial production and construction are already showing negative dynamics

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

GDP is expected to continue growing this year, but at a slower pace of 2.7%

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

Last year, nominal GDP amounted to UAH 7.66 trillion

The country's economy grew by 0.7% in February

Labor market constraints and damage to the energy infrastructure are unfavorable factors.

Construction, industry and trade supported economic growth in the beginning of the year

The Ministry of Economy estimates that the country's economy grew at 3.6% y/y last year