Nearly 50% of Ukrainian retail operates in the shadows. The extent of shadow activity in Ukrainian retail trade has reached a critical level: According to various estimates, up to 45% of all retail transactions may take place outside of Ukraine’s tax... #retailUkraine #TaxesUkraine #UkraineBudget #UkraineEconomy #UkraineShadowEconomy
Ukraine has a severe labor force shortage, prompting employers to seek help from pensioners. The personnel shortage is particularly acute in the capital, where there are 75,000 open vacancies, yet only 3,000 registered unemployed individuals, as stated by Yulia Zhovtyak, Director of the State... #EmployeeDeficit #LaborMarketUkraine #PensionersinUkraine #UkraineEconomy #VacanciesUkraine
ICU downgrades Ukraine’s economic growth forecast to 3% for 2025, down from the previous outlook of 3.4%. A report from the ICU investment company notes that Ukraine’s real GDP increased by only 2.9% in 2024, significantly below market expectations and their earlier forecasts. Economic growth weakened con... #agroUkraine #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy
Despite the insignificant impact of Trump’s tariffs on Ukraine, it is ready to zero out tariffs on American products and negotiate with the US. For Ukraine, the predominant negative consequence of the global trade war may be lower volumes of macro-financial assistance from European partners economically weakened by tariffs. In addition, Ukrai... #DonaldTrump #DutyTariff #ImportDuties #TarasKachka #UkraineEconomy #UkraineExport #UkraineImport #UkraineTrade
Metallurgy’s contribution to Ukraine’s GDP increased to 7.2% last year. Industries in Ukraine’s mining and metallurgical complex (MMC) contributed 7.2% to Ukraine’s GDP in 2024, up from 5.7% in 2023. The increase in the MMC’s share resulted from a rise i... #GDPinUkraine #investments #MetallurgyUkraine #UkraineEconomy #UkrainianMetalExport
The National Bank of Ukraine has outlined the reasons for rising inflation in the country. In February 2025, both general and core inflation continued to rise in Ukraine. According to the NBU, inflation maintained its upward trend in March. The primary factors driving inflation’s acce... #ConsumerInflation #IndustrialInflation #InflationinUkraine #nbu #UkraineEconomy
Why did Ukraine’s economic recovery slow down last year compared to 2023? Ukraine’s real GDP grew by 2.9% in 2024. Although the economy experienced growth for the second consecutive year amid the full-scale war, the pace of recovery decelerated compared to 2023, when ... #GDPinUkraine #GVAukraine #nbu #UkraineEconomicForecast #UkraineEconomy
Trump has introduced large-scale tariffs; how will Ukraine be affected? Commenting on the introduction of import tariffs by US President Trump, Ukraine’s Minister of Economy Yulia Svyrydenko, noted: “It is difficult, but not critical. A general tariff of 10% w... #DonaldTrump #DutyTariff #UkraineEconomy #UkraineForeignTrade #USduty #YuliyaSvyridenko
Microenterprises have the most optimistic expectations about future operations in Ukraine. According to the Institute of Economic Research, the index of anticipated changes in business activity in February, as in January, is 0.1. The share of those planning to expand their activities is 15.... #MicroEnterprises #SmallBusinessUkraine #UkraineBusinessExpectation #UkraineEconomicActivity #UkraineEconomy #ukrainianbusiness
For the first time in 11 months, businesses have report positive expectations for their activities. In March, the Business Activity Expectations Index (BAEI) surpassed the neutral level for the first time in 11 months, registering at 51.8 compared to 46.9 in February 2025 (and 52 in March 2024). The... #BusinessActivityExpectations #nbu #UkraineBusinessActivity #UkraineEconomy #UkraineIndustry
Dragon Capital plans to invest $100M in Ukraine in 2025, citing improved macroeconomic predictability. Investment company Dragon Capital, which invested about $700M in Ukraine between 2015 and 2021, in addition to reinvestment of several hundred million dollars more, plans to invest $100M in 2025, said... #DragonCapital #investments #InvestmentsinUkraine #TomasFiala #UkraineEconomicForecast #UkraineEconomy
Kyiv has urged the EU to extend the duty-free trade regime to avoid devastating Ukraine’s economy. Ukraine has warned that the expiration of duty-free trade with the EU on June 5 could result in ”serious damage” to its economy. Kyiv hopes the EU will extend the duty-free trade regime, especially gi... #DutyFreeTrade #FreeTradeAgreement #SerhiyMarchenko #TradeRestriction #UkraineEconomy #UkraineExport
Industrial inflation in Ukraine hits 40%, with food products seeing an 18% price increase. In February 2025, wholesale prices for industrial producers rose by 37% compared to February of the previous year. Domestic prices surged by 40%, while export prices increased by 15.9%, according to t... #FoodPrices #IndustrialInflation #InflationinUkraine #pricesinUkraine #UkraineEconomy
The Ukrainian economy will reach its pre-war level in 10 years. The Finance Committee of the Ukrainian Parliament believes that, considering current economic growth trends, Ukraine’s real GDP in 2025 will be 20% lower than in 2021, excluding temporarily occu... #ElectricityDeficitUkraine #EmployeeDeficit #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #UkraineExport
A British company plans to establish a production facility in an industrial park in the Ternopil region. An unnamed British company is considering a 3,000-square-meter building within the Western Ukrainian Industrial Hub industrial park. Located near Ternopil, the park has commissioned two new industrial... #BritishBusiness #IndustrialPark #investments #Ternopil #UkraineEconomy
Shelling and business uncertainty slowed real GDP growth in Ukraine to 0.5% in February. The growth rate of real Ukrainian GDP decreased to 0.5% during the same month. This downturn is attributed to the damaging effects of Russian shelling on various industries and heightened uncertainty ... #GDPinUkraine #GVAukraine #UkraineEconomy #ukrainianbusiness #WarinUkraine
Every seventh Ukrainian is unemployed. According to 2024’s results, Ukraine’s average unemployment rate decreased to 14.3%. In 2023 the unemployment rate was 17.4%, in 2022 – 18.5%, the Center for Economic Strategy notes. ̶... #EmployeeDeficit #JobInUkraine #LaborMarketUkraine #SalaryUkraine #UkraineEconomy #UnemploymentUkraine
Ukrainian financiers anticipate inflation to slow over the next year after reaching 13.4% in February. Consequently, according to the NBU, financial analysts in February 2025 maintained their inflation forecast at 7.8% for the upcoming 12 months. The public’s inflation expectations have improved ... #financeUkraine #hryvniadevaluation #InflationinUkraine #UkraineCurrencyRate #UkraineEconomicForecast #UkraineEconomy
Ukraine’s business activity index has fallen to zero. According to the Institute for Economic Research, the business activity recovery index in Ukraine also fell to zero in February, marking the worst result in the last two months. Consequently, the bala... #UkraineBusinessActivity #UkraineBusinessExpectation #UkraineEconomy #ukrainianbusiness
Furniture retail is actively expanding in Ukraine, with both international and domestic manufacturers investing in new store openings. In 2024, international company JYSK launched 13 new stores in Ukraine and renovated eight existing ones, bringing the total number of its retail locations to 124. Last year, JYSK invested ₴278.5M ($6.... #BusinessInvestments #FurnitureIndustry #JYSK #JyskUkraine #UkraineEconomy #UkrainianFurniture #ViYar
The Ukrainian labor market has recovered to 93% of its pre-war level. Three years after the full-scale Russian invasion, Ukraine’s labor market stands at 93% of the pre-war level, according to a study by human resources portal Work.ua. In February 2025, employers ... #EmployeeDeficit #JobInUkraine #LaborMarketUkraine #UkraineEconomy #VacanciesUkraine
To curb inflation, the NBU raised its key policy rate to 15.5%. The Board of the National Bank of Ukraine decided to increase the discount rate by one percentage point to 15.5% per annum and adjust the parameters of its interest rate policy framework. These decisi... #financeUkraine #InflationinUkraine #KeyPolicyRate #nbu #UkraineEconomicForecast #UkraineEconomy #UkraineMonetaryPolicy
Ukraine aims to increase its exports to $77B over the coming years. By 2030, Ukraine plans to boost export volumes to $77B (up from $51B last year) and raise their share of GDP to 33%, according to Deputy Minister of Economy Taras Kachka. Notably, the proportion of ra... #agroexportukraine #FreeTradeAgreement #TarasKachka #UkraineEconomy #UkraineExport #ValueAddedProduct
Ukraine’s mineral export revenue fell by 60% last year compared to pre-war figures. In 2024, mineral export revenue represented 8.1% of total export revenue. Reports from the Center for Economic Research and Forecasting indicate that revenue decreased by nearly 60% compared to 2021. ... #agroexportukraine #MetallurgyUkraine #MineralExport #nbu #UkraineEconomy #UkraineExport
Economists forecaste Ukraine’s GDP growth, inflation, and international aid. Analysts from the Institute of Economic Research projected that, despite the devastating impact of the full-scale Russian invasion, Ukraine’s economy is showing resilience. The forecasted GDP gr... #GDPinUkraine #InflationinUkraine #UkraineBudgetDeficit #ukrainedebt #UkraineEconomicForecast #UkraineEconomy
In February, Ukrainian businesses upgraded their assessments of their economic activity, although they remained cautious, mostly staying below a neutral level. The business activity expectations index in Februrary 2025 was 46.9, compared to 41 in January 2025 and 47.5 in February 2024, as... #BusinessExpectation #nbu #UkraineEconomicActivity #UkraineEconomy #ukrainianbusiness
Ukraine could face losses of up to €4B annually if the EU cancels trade preferences, making increased processing a potential solution. The Ukrainian economy stands to lose between €3.5B and €4B each year if the EU does not extend trade preferences for Ukraine, which are set to expire on June 6, 2025. The EU’s share of Ukraine&#... #agroexportukraine #FreeTradeAgreement #investments #ProcessingIndustry #TradeRestriction #UkraineEconomy #UkraineRecovery
In the Lviv region, a new $30M Philip Morris factory has achieved its planned annual capacity. At the start of the year, Philip Morris in Ukraine brought its new factory in the Lviv region, which was launched in May 2024, up to its planned operating capacity. The facility features five producti... #BusinessRelocation #investments #LvivRegion #PhilipMorris #PhilipMorrisUkraine #TobaccoUkraine #UkraineEconomy
In early 2025, the rise in industrial prices surpassed the 32% mark in annual terms. By January 2025, industrial inflation reached 32.5% compared to the same month last year. The growth in industrial production prices dropped to 0.6% from December, marking the lowest figure since Marc... #DanyloHetmantsev #FoodProductionUkraine #IndustryUkraine #InflationinUkraine #PharmaceuticalSector #UkraineEconomy
The EBRD downgrades Ukraine’s economic growth forecast for 2025, calls for 5% growth in 2026. The EBRD has downgraded its forecast for Ukraine’s economic growth in 2025 to 3.5%. Last September, the bank forecasted growth of 4.7%. It is noted that Ukraine started 2025 with weak economic i... #ebrd #GDPinUkraine #InflationinUkraine #UkraineEconomicForecast #UkraineEconomy
Ukraine will launch the Finnish-Ukrainian Investment Fund to restore and strengthen its economy. Ukraine’s Verkhovna Rada adopted a law, On Ratification of the Framework Agreement between the Government of Ukraine and the Government of Finland on Projects Financed under the Finnish-Ukrainia... #Finland #FUIF #Grants #investments #LoansForUkraine #UkraineEconomy #UkraineRecovery
Reconstruction will stimulate Ukraine’s GDP growth, but it will require €500B. Kateryna Rozhkova, Deputy Head of the National Bank, stated during FinYear 2025 that despite the numerous challenges Ukraine faced, the economy adapted and grew last year. “Last year’s GDP... #DenysShmyhal #KaterynaRozhkova #UkraineEconomicForecast #UkraineEconomy #UkraineReconstruction #UkraineRecovery #WarLosses
Ukraine’s business sentiment has significantly improved this year. In Ukraine, the percentage of companies expecting their business situation to worsen has decreased to 29%, down from 56% in July 2024. Additionally, the number of those who believe the situation will ... #BusinessExpectation #UkraineBusinessActivity #UkraineEconomicForecast #UkraineEconomy #ukrainianbusiness
The war has not halted the Ukrainian M&A market, but it is altering its priorities. The increase in overall activity among international investors last year in the M&A sector may provide an additional impetus for inward investment in Ukraine. Despite the war and the accompanying ... #BusinessDevelopment #investments #MergersAcquisitions #PrivatizationUkraine #UkraineEconomy #ukrainianbusiness
Where in Ukraine did investors put their money in 2024? Last year, there were no investment deals in Ukraine worth over $200M, whereas in 2023, the largest M&A deal reached a value of $500M, according to analysts. Foreign investors accounted for 45% of... #agroUkraine #Construction #ForeignInvestor #investments #MergersAcquisitions #MiningUkraine #UkraineEconomy
Ukraine and the UAE have signed a comprehensive economic partnership agreement: How will this impact interstate trade? During a working visit to the UAE, President Volodymyr Zelenskyy announced the signing a bilateral trade agreement that will simplify trade between the two countries. According to the Ministry of Econ... #TradeAgreement #UAE #UAEmarket #UkraineEconomy #UkraineForeignTrade
Ukraine presents projects valued at $500M to investors in Saudi Arabia. A Ukrainian delegation in Saudi Arabia engaged in discussions to deepen economic cooperation with nearly 100 local entrepreneurs. They presented these businesses with promising investment opportunitie... #FASenergy #InvestmentsinUkraine #Salic #SaudiArabia #SupportUkraine #UkraineEconomy #YuliyaSvyridenko
The Trump administration has laid out ambitious plans for Ukraine’s post-war economy. The US aims to participate in Ukraine’s reconstruction beyond developing its valuable resource deposits, stated US Treasury Secretary Scott Bessent. “It will be mutually beneficial. When A... #CriticalMetals #DmytroKuleba #InvestmentsinUkraine #MiningUkraine #ScottBessent #UkraineEconomy #UkraineRecovery
US steel tariffs will hit Metinvest and Interpipe, with one losing $58M. The decision by the Trump administration to restore the 25% tariff on imports of Ukrainian steel products will have negative consequences for the largest players in domestic metallurgy. If the import ... #Interpipe #MetallurgyUkraine #Metinvest #SteelTariffsUS #UkraineEconomy #UkrainianSteel
By the end of March, inflation in Ukraine is expected to rise to 14%. Danylo Hetmantsev, the head of the parliamentary finance committee, noted that the NBU predicts inflation will accelerate to 14.3% in the first quarter of 2025. The politician stated that the primary ... #DanyloHetmantsev #hryvniaexchangerate #InflationinUkraine #nbu #UkraineEconomicForecast #UkraineEconomy
Business activity remains stable, but falling employee numbers and rising prices for goods and services is expected. The Business Activity Expectations Index (BAEI) in January 2025 was 41, matching the level from January 2024. The challenging security situation hindered the BAEI’s dynamics, along with a lack o... #BusinessActivityExpectations #LaborMarketUkraine #nbu #UkraineBusinessActivity #UkraineEconomy
A new industrial park with ₴782M invested will be built in the Dnipropetrovsk region. The government has registered a new industrial park, Zhovti Vody, in the Dnipropetrovsk region. The industrial site will create about 500 jobs in high-tech and innovative sectors. This is the second p... #Dnipropetrovsk #IndustrialPark #investments #UkraineEconomy #ZhovtiVody
Retail turnover in Ukraine grew by 18%, but a third of retail revenue occurs in the shadows. According to UTG estimates, Ukraine’s 2024 retail turnover is expected to amount to ₴2.184T despite the war, which is 17.7% more than in 2023 (₴1.822T). Turnover is also growing in dollar equiva... #NAIUkraine #RetailTradeTurnover #retailUkraine #UkraineEconomy #UkraineShadowEconomy
The NBU forecast: What will happen to inflation and GDP in 2025-2026? Inflation in Ukraine is expected to decrease during 2025-2026, dropping to 5%. According to the National Bank’s forecast, inflation will peak in the second quarter of 2025, and begin to decline ... #GDPinUkraine #InflationinUkraine #nbu #UkraineEconomicForecast #UkraineEconomy
Ukrainian manufacturers of fire and specialized equipment is investing $15M in a new plant. Pozhmashyna, one of Ukraine’s leading manufacturers of fire and specialized equipment, has announced the construction of a new plant in Lviv. The relevant agreement was signed with the Formatsia... #Formatsia #investments #Pozhmashyna #UkraineEconomy #Львів
The war’s cost: State debt has surged by 100% in three years, but default was avoided. Since the onset of Russia’s full-scale invasion, Ukraine’s state debt has risen by 156% (+₴4.25T) in hryvnia and by 78% (+$72.7B) in foreign currency, according to Danylo Hetmantsev, chair... #DanyloHetmantsev #DefaultUkraine #EFFprogram #GDPinUkraine #UkraineEconomy #UkraineStateDebt
The EC may not continue preferential trade with Ukraine in its current form: What changes are being proposed? The European Commission is reportedly considering discontinuing the preferential trade regime for Ukraine as it stands in June and has already begun negotiations on new terms. However, there is no con... #agroexportukraine #ChristophHansen #DCFTA #TradeAgreement #TradeRestriction #UkraineEconomy
In Ukraine, a record number of industrial parks was registered in 2024: The Lviv and Zakarpattia regions lead the way. In 2024, no less than 55 industrial parks were created in Ukraine, said Valeriy Kyrylko, owner of the Industrial Parks of Ukraine group of companies. Thirty-one of these parks were included in the Reg... #IndustrialPark #IndustryUkraine #investments #UkraineEconomy #Zakarpattia #Львів
The National Bank has worsened its 2025 key macro indicator forecasts. Considering security risks and the difficult situation in the labor market, the NBU has worsened its forecast for Ukraine’s 2025 GDP growth from 4.3% to 3.6%. At the same time, the bank predicts... #GDPinUkraine #InflationinUkraine #nbu #UkraineBudget2025 #UkraineEconomicForecast #UkraineEconomy
Businesses expect the end of the war or its active phase in 2025 and are preparing to invest €450M. Top managers at large companies are focused and optimistic about the war in Ukraine ending or, at minimum, the cessation of active hostilities in 2025, said Minister of Economy Yulia Svyrydenko. She r... #investments #UkraineBusinessExpectation #UkraineEconomy #WarEnding #YuliyaSvyridenko
