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
Ukraine adapts its product monitoring to EU requirements to implement industrial visa-free travel. The Cabinet of Ministers approved a draft amendment to the legislation governing market surveillance, the primary purpose of which is to implement European safety standards and consumer protection in ... #ConsumerProtection #EuropeanIntegration #TradeVisaFree #UkraineEconomy #UkraineExport #UkraineImport
Despite the war, Ukraine has achieved a record GDP per capita; the World Bank worsens its forecast for 2025. Ukraine’s real GDP growth in 2024 was 3.6%. “If we look at the level of GDP by the level of the available population, we have now reached a record GDP per capita,” said Deputy Minist... #GDPinUkraine #SalaryUkraine #UkraineEconomicForecast #UkraineEconomy #worldbank
Businesses have increased their activity and investment forecasts for the next 12 months. For the second month in a row, businesses have improved their business activity estimates for the next 12 months, maintaining optimistic forecasts for attracting investment but anticipating moderate i... #BusinessExpectation #investments #nbu #UkraineBusinessActivity #UkraineEconomicForecast #UkraineEconomy
Ukraine opened 16 new agricultural export markets last year; what was traded? Last year, the Ministry of Foreign Affairs and the State Service for Food and Consumer Protection helped Ukrainian agricultural producers open access to 16 new foreign markets. State officials note th... #Canada #China #ForeignMarket #UkraineEconomy #UkraineExport #UkraineTrade
Ukraine will face a shortfall of more than 500,000 workers. In 2025, the state may face a shortage of more than half a million qualified workers. The lack of qualified personnel is already significantly affecting wage dynamics, which in the context of GDP grow... #EmployeeDeficit #JobInUkraine #LaborMarketUkraine #Migration #UkraineEconomy
The Central Bank of Ukraine expects inflation to accelerate at the beginning of the year. In the first months of 2025, inflation will likely continue to accelerate because of lower harvests, pressure from business spending on energy supplies and labor, and the effects of a weakening hryvni... #Inflation #InflationinUkraine #nbu #UkraineEconomicForecast #UkraineEconomy
Ukraine’s national debt reached 92% of GDP. As of the end of 2024, Ukraine’s national debt reached to approximately ₴7T. Forbes analysts calculated that the ratio of national debt to GDP has reached 92%. This is the total national debt, w... #GDPinUkraine #hryvniadevaluation #ukrainedebt #UkraineEconomy
Ukraine’s 100th industrial park, with ₴1B in investment, has been registered; the government is introducing eco-industrial sites. The Cabinet of Ministers has approved the creation of another industrial park, which will be in the Kyiv region. With the approval, 100 industrial parks will be operating in Ukraine. The new Myronivka... #DenysShmyhal #IndustrialPark #investments #Myronivka #UkraineEconomy
In Ukraine, economic activity in the coal and metallurgical industries slowed down. As reported by the NBU, in December 2024 a slowdown in economic activity was observed in several sectors, primarily the coal and metallurgical industries. At the same time, investments in gas and oil ... #CoalUkraine #DanubeShipping #MetallurgyUkraine #nbu #UkraineEconomicActivity #UkraineEconomy
Ukraine’s 2024 trade turnover increased by 13%. In 2024, Ukraine’s trade turnover amounted to $112.3B. Goods worth $70.7B were imported, and goods worth $41.6B were exported. Overall, trade turnover increased by 13% compared to 2023. The majo... #China #Poland #UkraineEconomy #UkraineExport #UkraineImport #UkraineTradeTurnover
The National Bank has identified the reasons behind the acceleration of price growth in Ukraine. According to the NBU, in November 2024 consumer inflation in Ukraine increased to 11.2% annually, exceeding the forecasts in the October NBU Inflation Report. Core inflation reached 9.3% annually. The... #ConsumerInflation #InflationUkraine #nbu #pricesinUkraine #UkraineEconomy
Ukraine’s privatization revenue in 2024 near a record ₴12B. The total amount of revenue from large and small privatizations may reach almost ₴12B ($292M) after the completion of all of 2024’s transactions, the Ministry of Economy reports. According to th... #Aeroc #HotelUkraina #investments #PrivatizationUkraine #UkraineBudget #UkraineEconomy #UMCC #YuliyaSvyridenko
Analysts predict Ukraine’s real GDP growth will be about 3% in 2025. Ukraine demonstrated moderate economic growth in 2024 at 3.8%, and real GDP growth in 2025 will be approximately 3%, according to the Institute for Economic Research (IER). Access to the Ukrainian Sea... #BlackSeaCorridor #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #UkraineExport #UkraineFacility #UkraineImport
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
The advantage is on Ukraine’s side: What is happening with the economies of the warring countries? The Economist notes that the Ukrainian economy looks “healthier” than the Russian economy did after the start of the full-scale war. Ukraine’s economy has been rebuilt to navigate th... #GDPinUkraine #InflationinUkraine #RussianEconomy #UkraineBudgetDeficit #UkraineEconomy #WarinUkraine
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 Ukrain... #GDPinUkraine #InflationinUkraine #LaborMarketUkraine #ukrainedebt #UkraineEconomicForecast #UkraineEconomy
To avoid a shortage of scrap metal in the domestic market, Ukraine increased its export duty. How has Ukraine traded scrap metal in the last six years? According to analysts, in 2019 Ukraine exported 42,180 tons of scrap for $11.8M. In 2020, exports decreased by 15.1%, in monetary terms, to $9.5M. But in pre-war 2021, ferrous scrap exports increased ... #Germany #Poland #ScrapExport #Turkey #UkraineEconomy #UkraineExport #UkraineScrapMetal
This year, Ukraine’s economy grew by 4%; the agricultural sector’s share of GDP is about 20%. Over the 11 months of the year, the Ukrainian economy grew by 4% [±0.5%], according to the Ministry of Economy. “The drivers of growth remain the transport and construction industries, processin... #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #VitaliyKoval #YuliyaSvyridenko
Due to inflation, the key rate in Ukraine was increased from 13% to 13.5%. The Board of the National Bank of Ukraine increased the discount rate to 13.5% per annum. This takes place after inflation accelerated to 11.2% per annum in November. It is noted that the inflationary... #InflationinUkraine #KeyPolicyRate #nbu #UkraineBudgetDeficit #UkraineEconomy
Ukraine still needs to catch up to its pre-war export figures. Analysts note that in 10 months of 2024, Ukraine earned $46.35B from exports of goods and services. Compared to the corresponding period last year, exports increased by 10%. During this time, $32.25B ... #ITukraine #UkraineEconomy #UkraineExport #UkraineITexport
FitchRatings: What awaits the Ukrainian economy and when the war will end. Fitch Ratings predicts a slowdown in Ukraine’s economic growth. In 2024, GDP growth is predicted to reach 4%, facilitated by the normalization of Black Sea trade activity, high government spendi... #FitchRatings #InflationinUkraine #UkraineEconomicForecast #UkraineEconomy #WarEnding #WarinUkraine
Privatization: Ukrbud, a state-owned construction company, is being prepared for sale; the Bilhorod-Dnistrovskyy port deal is under threat. The State Property Fund (SPFU) has determined the starting price for the sale of the state-owned stake in the Construction Company Ukrbud – ₴262.6M. The privatization terms and starting price have yet... #BilhorodDnistrovskyySeaPort #investments #PrivatizationUkraine #SPFU #UkraineEconomy #Ukrbud
Against intensified attacks on the energy sector, businesses worsened their expectations in November. The Business Expectations Activity Index (BAEI) decreased to 47.2 points in November, compared to 49.4 in October and 48.7 in September, the National Bank reported. The following factors had a negativ... #BusinessExpectation #LaborMarketUkraine #UkraineEconomy #ukrainianbusiness
Ukraine has approved a state property policy to improve state asset management and attract investment. According to Minister of Economy Yulia Svyrydenko, the new property policy defines the state’s role in managing state-owned companies, outlining which are strategically crucial for the country a... #OECD #PrivatizationUkraine #StateProperty #StrategicStateEnterprises #UkraineEconomy #UkraineFacility #YuliyaSvyridenko
In Ukraine, more than 1,200 agricultural enterprises have closed since the start of the full-scale invasion. At the beginning of 2022, businesses had almost ceased hiring, and people were not looking for work. According to IMF estimates, Ukraine’s total losses amounted to 35% of GDP, and many companies... #AgroLossesUkraine #agroUkraine #UkraineEconomy #ukrainianbusiness #Ukrainianfarmers
Even under a baseline scenario, Ukraine’s public debt will exceed 100% of GDP. Ukraine’s public debt is already approaching 100% of GDP, and financing needs for recovery are currently around $600B. Even under the baseline scenario, the peak value of public debt is 103.9% of GDP,... #GDPinUkraine #UkraineBudget #ukrainedebt #UkraineEconomicForecast #UkraineEconomy
Ukrainian IT exports may decline by 6% this year. The decline in exports of Ukrainian IT services continues. Even under an optimistic scenario, by the end of 2024 the decrease in volume will be at least 4% compared to last year, and this figure could... #ITexport #LvivITcluster #UkraineEconomy #UkraineExport #UkraineITexport #UkrainianITcompany
Ukrainians want their country to regain its nuclear status more than they desire NATO membership. After the war’s end, among the main priorities for the state’s development, Ukrainians include the restoration of the state’s nuclear status in the top three most desired priorities,... #EuropeanIntegration #NATO #NuclearStatusUkraine #RepatriationInUkraine #UkraineEconomy #UkraineRecovery
Last year, financial and industrial groups in Ukraine earned almost ₴6T. 23,300 companies that are part of Ukrainian financial and industrial groups (FIG) and submitted financial statements for 2023 collectively earned ₴5.8T, according to a YouControl study. As of October,... #ATBmarket #novaposhta #okko #UkraineCompaniesProfit #UkraineEconomy #UkrainianEnterprises
Why did the IMF improve its economic forecast, and what are the key areas for Ukraine’s GDP growth? An IMF team has improved its economic growth forecast for Ukraine this year from 3% to 4%, as the Ukrainian economy has performed better than expected in the previous two quarters, IMF spokeswoman Jul... #EFFprogram #GDPinUkraine #imf #JulieKozack #SerhiyMarchenko #UkraineEconomy
Italy expands its cooperation with Ukraine in critical raw material supply chains and invests €200M to restore the Ukrainian energy system. Ukraine and Italy signed an agreement to deepen their logistics cooperation in critical raw materials. Attracting investment and encouraging innovation in the sphere’s development is one of Ukra... #AntonioTajani #CriticalRawMaterial #EnergyRestore #investments #Italy #UkraineEconomy
