Investors have shared their 2025 macroeconomic forecast for Ukraine.

The growth rate of Ukraine’s economy in 2025 will decrease to 3.4% compared to the expected result of 4% in 2024. At the same time, inflation will slow from 11.5% to 7%. ICU predicts that Ukraine’s nominal GDP in 2025 will amount to $203B, compared to the $191B currently forecasted for 2024.

Experts believe that the growth rate of private household consumption will decrease slightly due to slower income growth. Analysts also do not expect significant changes in exports and indicate that power outages will remain a limiting factor for the economy in the future.

ICU estimates the unemployment rate in 2024 at 15% and predicts its decrease to 12% in 2025.

Ukraine’s international reserves are expected to be at $44.1B by the end of 2024 and $43B by the end of the following year. The national debt will reach 90% of GDP this year, and in 2025 it will increase to 94.1%.