Ukraine’s GDP - Latest news GMK Center

Positive dynamics were supported by the growing investment demand, as well as greater accessibility of foreign markets

Ukraine's GDP in 2024 is expected to grow by 3.2% y/y

Next year steel production may reach 7.2-7.5 million tons

Ukraine's GDP growth is expected to be 4.8% in 2023

In January-September, the Ukrainian economy recovered by 5.3% y/y

The Ukrainian economy has adapted to force majeure conditions, according to the relevant department

The department notes the increase in production in steel industry and improvement in the agricultural sector

Compared to the previous quarter, the country's economy increased by 2.4% in January-March 2023

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

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

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

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