Ukraine’s GDP growth slowed to 0.7% at the end of the year due to attacks on energy infrastructure. The real GDP growth rate slowed from 1.1% year-on-year in October to 0.7% in November. The reason is Russian shelling of energy and industrial infrastructure, the Institute for Economic Research (IER)... #GDPUkraine #GVAukraine #UkraineEconomicForecast #UkraineEconomy
Ukraine needs 4.5 million additional workers for GDP growth, while eight million people are economically inactive. According to a study by the International Labor Organization, Ukraine needs 8.6 million additional workers to enable GDP growth. At the same time, according to the Ministry of Economy, Ukraine only ne... #GDPUkraine #JobInUkraine #LaborMarketUkraine #UkraineEconomy
American businesses are optimistic about Ukraine’s economic future. The American private sector looks at Ukraine’s economic future optimistically and realistically. Optimism is based on GDP growth, tax revenue, and the creation of new jobs, said US Special Repre... #Energoatom #EuropeanIntegration #GDPUkraine #InvestmentsinUkraine #PennyPritzker #UkraineEconomy #WestingHouse
The EBRD significantly worsened the forecast for Ukraine’s economy. The European Bank for Reconstruction and Development significantly worsened their forecast for Ukraine’s GDP growth in 2023 from the 8% forecast in September 2022 to 1%. EBRD analysts noted that... #ebrd #GDPUkraine #UkraineEconomy
Due to the war, Ukraine’s economy shrank by 30.4% over the year. The Ministry of Economy has preliminarily estimated the drop in Ukraine’s GDP by the end of 2022 at 30.4%. This, in comparison to 2021 when Ukraine had economic growth of 3.4%. It is noted that ... #GDPUkraine #UkraineEconomy
The IMF updated its estimates for GDP and inflation in Ukraine in 2023. In 2023, Ukraine’s economy may grow by approximately 1%, and inflation and the state budget deficit will decrease, according to a memorandum within the framework of the IMF’s new monitorin... #GDPUkraine #InflationinUkraine #UkraineEconomy
Ukraine’s energy crisis has deepened the GDP’s fall to 39% in October. The Russian attacks on critical infrastructure in October exacerbated the GDP’s fall, to 39%, through October, 2021. In September-August, the indicator remained at the 35% level. However, Ukraine̵... #EnergyCrisisUkraine #GDPUkraine #UkraineBudgetDeficit #YuliyaSvyridenko
The World Bank has improved its forecast for Ukraine’s GDP growth over the next two years. The forecast for Ukraine’s gross domestic product growth in 2021 is 3.8%. According to the organization’s forecasts, Ukraine’s GDP will grow by 3.5% in 2022,... #GDPgrowth2022 #GDPUkraine #UkraineGDP
President’s office estimates Ukraine’s GDP at 3.8 in 2021. Deputy Head of the President’s Office Yulia Svyrydenko says: “We expect that a full-fledged economic recovery will take place during this and subsequent years. This year we forecast the gr... #GDPUkraine #ukraine #UkraineGDP2021
J.P. Morgan has downgraded the forecast of real GDP growth in 2021 to 4.5% from 5.6% in its April forecast. It’s nevertheless more optimistic than Oxford Economics which, as reported by UBN yesterday, has just downgraded its similar forecast to 4% from 4.4%. J.P. Morgan pred... #GDPforecastUkraine #GDPgrowthUkraine #GDPUkraine #UkraineGDP2021
J.P. Morgan has predicted that Ukraine’s GDP will grow by 5.6% this year, said the bank in its April commentary. This is higher than Ukraine’s Central Bank, which lowered its forecast last week to 3.8%. The Economy Ministry came out last week with a ‘consensus forecast’ of ... #GDP2021 #GDPUkraine #IMFmoney #UkraineCentralBank
