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GDP growth in 2021 may reach 4%.

This will mean that the Ukrainian economy has bounced back after the economic decline due to the coronavirus crisis said Prime Minister Denis Shmyhal on his Facebook page. Shmyhal said that the optimistic forecast is based on a steadily growing consumer demand, an average salary that is now above $500 per month, an increase in investment to a four-year record, and a record harvest and growth in the agricultural sector. According to the draft State Budget for 2022, real GDP growth is expected to reach 3.8%, 4.7% in 2023, and 5% in 2024.

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