IMF estimate of Ukraine’s GDP growth in 2021.
The IMF has decreased its forecast of Ukraine’s GDP growth in 2021 from 4% to 3.5%, according to the Fund’s World Economic Outlook (WEO) (interfaxukraine). The organization raised its expectations for the growth of the Ukrainian economy in 2022 to 3.6%, while earlier this figure was expected at 3.4%. As indicated in the WEO, the estimate of the average annual inflation in Ukraine in 2021 was increased from 7.9% to 9.5%, and from 6.8% to 7.1% in 2022. The rate of inflation in Ukraine by the end of 2021 will reach 10.2%, and 6% in 2022.