Domestic economists are convinced that Ukraine will keep playing catch up with economic growth through 2030.

The Ukrainian economy reached its lowest point in April-May 2022 and has been showing a slow and steady recovery trend ever since. Ukraine’s GDP, which fell from $200B to $158B in the first year of the war, will rise to $170B in the second year, which will be the starting point for recovery, say analysts from Ukraine Economic Outlook.

It is noted that investment, employment, savings, and foreign and domestic trade demonstrate identical dynamics. Moreover, international partners are ready to allocate $210B for post-war reconstruction. In addition, another $300B of seized reserves belonging to the Central Bank of the Russian Federation and $100-$200B of Russian oligarch money is frozen in the EU and the US, which can also be used for reparations.

“Therefore, we also expect an inflow of €50B or more per year for five years after the end of the war,” analysts said. Also, they added, it is highly probable that the country will catch up with its pre-war economic growth rates by 2030 and GDP will reach $440B.