Ukraine’s GDP - Latest news GMK Center

The National Bank has similar forecasts for the development of the Ukrainian economy

In the first quarter of 2023, the country's economy will also shrink by 19%, and recovery will begin in the second quarter

In the next two years, the Ukrainian economy can recover by 5-6%

The estimates of the reduction of Ukraine's GDP due to the war vary from 30% to 47%

Compared to the previous quarter, the country's economy shrank by 19.3%

If the ports still blocked, the economy is expected to decline by 30% by the end of the year

Expectations of economic recovery in 2023 are now 25%, and it is an improvement

Main losses connected with damages of steel plants, which produced 40% of crude steel in Ukraine

Inflation may reach 20% at the end of the year, but will be brought under control

The IMF also expects the inflation to rise to 20%

GDP in the mining industry amounted to UAH 364.2 billion

Ukrainian Сentral bank cannot estimate how many hundreds of billions of dollars it will take after the war to restore the economy