The International Monetary Fund has updated its macro forecast for Ukraine.
According to the IMF, the expectation for nominal GDP in 2024 has increased to ₴7.75T from the ₴7.64T predicted in December last year’ However, 2025’s forecast remains almost unchanged at ₴8.86T. At the same time, this year the economy’s growth rate will decrease by 3-4% compared to 5% last year. The IMF improved its inflation forecast for this year to 8.5% from 9.5% and real wage growth to 9.8% from 8.5%. However, the unemployment estimate worsened to 14.5% from 13.9%.