The Ukrainian economy grew by 6.5% in the first quarter, reaching almost 82% of its pre-war level. According to the results from the first quarter of 2024, Ukraine’s real GDP increased by 6.5% compared to the same period last year, according to the State Statistical Service. A year earlier, a... #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #UkraineRecovery
The CES provides a forecast for key macro indicators through the end of the year. The Ukrainian economy will grow by 3-4% by the end of 2024, which is less than 2023, according to the macro forecast from the Center for Economic Strategy (CES). As experts explain, the pessimism rega... #dollarexchangerate #GDPinUkraine #InflationinUkraine #UkraineBudget2024 #ukrainedebt #UkraineEconomicForecast #UkraineEconomy
The World Bank maintains Ukraine’s economic growth forecast for the current year and provides $109M in grant funding. The World Bank predicts the growth of the Ukrainian economy to be 3.2% in 2024, according to the bank’s June report, Global Economic Prospects 2024. In January, the forecast was identical. The b... #GrantsforUkraine #HOPEproject #REPowerEU #UkraineEconomicForecast #UkraineEconomy #worldbank
A Ukrainian investment company revises its economic forecast for Ukraine. Investment group Dragon Capital has improved its inflation forecast in 2024 from 8% to 7.6%. At the same time, the previous estimate of a 4% increase in GDP in 2024 has been maintained thanks to the r... #DragonCapital #GDPinUkraine #InflationinUkraine #UkraineBudget2024 #ukrainedebt #UkraineEconomicForecast #UkraineEconomy
The NBU has downgraded its growth forecast for the Ukrainian economy over losses in the energy sector. The National Bank worsened its 2024 growth forecast for Ukraine’s economy from 3.6% to 3% due to the severe consequences from Russia’s missile attacks on energy infrastructure. The central... #ebrd #energyukraine #GDPinUkraine #nbu #UkraineEconomicForecast #UkraineEconomy #WarinUkraine
Economic experts have identified dangerous economic trends in Ukraine. In the last four months, Ukraine exported goods worth $13.5B, the same as last year. Ukraine rapidly increased the physical volume of exports from 36 to 49 million tons against significantly lower wor... #UkraineEconomicForecast #UkraineEconomy #UkraineExport #UkraineForeignTrade #UkraineImports #Ukrainetradedeficit
The EBRD predicts a slowdown in the Ukrainian economy’s growth. According to an EBRD forecast, Ukraine’s economy will grow by 3% in 2024 and by 6% in 2025. This pace is lower than the 5.3% rise in 2023 following a sharp drop in 2022 caused by the Russian inv... #ebrd #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #UkraineMaritimeCorridor
The NBU predicts that consumer price growth will accelerate moderately in the coming months, although in April, it was lower than the regulator predicted. “The deviation from the forecast was provided by the dynamics of little-forecasted factors of a temporary nature, first of all, a sh... #ConsumerPrices #InflationinUkraine #nbu #pricesinUkraine #UkraineEconomicForecast #UkraineEconomy
How Ukraine’s military economy will grow: the government’s forecast. Despite the war, the Ukrainian economy will grow by approximately 4.6% in 2024, although Russian missile attacks may worsen this indicator, said Minister of Economy Yulia Svyrydenko at the Kyiv Invest... #DefenseIndustryUkraine #GDPinUkraine #UkraineDevelopment #UkraineEconomicForecast #UkraineEconomy #YuliyaSvyridenko
The government noted an acceleration of GDP growth in March to 4.6%, but analysts predict a further decline. The Ministry of Economy estimated GDP growth in March to be at the level of 4.6%, while in January, the growth was at 3.5%, and in February, 3.9%. The GDP growth trend is supported by stable seaport o... #GDPinUkraine #InflationinUkraine #UkraineEconomicForecast #UkraineEconomy
The Ukrainian government predicts the improvement of key macroeconomic indicators and economic growth, whether the war ends in 2024 or drags on longer. The Ministry of Economy notes that, despite all the difficulties caused by the war, the positive dynamics of key macroeconomic indicators are evidence of the economy’s adaptation to wartime cond... #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #UkraineReconstruction #WarinUkraine
The IMF expects Ukraine’s GDP to grow by 3.2% this year. Next year, Ukraine’s GDP growth will be 6.5%, according to the World Economic Outlook report. According to the IMF forecast, consumer inflation in Ukraine will decrease from 12.9% in 2023 to 6.4... #EFFprogram #GDPinUkraine #imf #SerhiyMarchenko #UkraineEconomicForecast #UkraineEconomy
World Bank: The Ukrainian economy has reached a turning point. The World Bank offered its assessment in its regional Economic Review, as concerns about the timing and volume of future aid payments to Ukraine are growing. The World Bank predicts that Ukraine’... #GDPinUkraine #InvestmentsinUkraine #UkraineBudget2024 #ukrainedebt #UkraineEconomicForecast #UkraineEconomy #worldbank
The International Monetary Fund has updated its macro forecast for Ukraine. According to the IMF, the expectation for nominal GDP in 2024 has increased to ₴7.75T from the ₴7.64T predicted in December last year’ However, 2025’s forecast remains almost unchanged at ₴8.86T. At t... #GDPinUkraine #imf #InflationinUkraine #UkraineBudget2024 #UkraineBudgetDeficit #UkraineEconomicForecast #UkraineEconomy
IMF: Due to the intensification of the war, the shock to Ukraine’s economy will begin in the second quarter. According to the IMF, in a negative scenario, the war will end by the end of 2025 and not at the end of 2024 as in the base scenario. At the same time, “the shock will begin in the second quarte... #GDPinUkraine #imf #InflationinUkraine #UkraineEconomicForecast #UkraineEconomy #WarinUkraine
Top ICU analysts forecast the recovery of the Ukrainian economy in the coming years. The ICU’s Head of the Macroeconomic Research Department, Vitaliy Vavryshchuk, said the economy will mostly recover at rates between 3% and 5% over the next two to three years. However, an economic jum... #UkraineEconomicForecast #UkraineEconomy #UkraineRecovery #VitalyVavryshchuk
Ukrainians think that the country’s economic condition has worsened. In December, assessments of the economic situation in Ukraine worsened, and optimism about the country’s economic situation in the medium-term perspective also decreased. It is noted that Ukrain... #EconomicConditionUkraine #financeUkraine #UkraineEconomicForecast #UkraineEconomy
The government has issued a three-year forecast of Ukraine’s economic and social development: What will happen to GDP, inflation, and salaries? Next year, GDP will grow by 4.6%, in 2025, the growth rate will accelerate to 6.8%, and in 2026, it will slow to 6.6%. The growth of consumer prices (inflation), comparing December to December of the ... #GDPinUkraine #InflationinUkraine #SalaryUkraine #UkraineEconomicForecast #UkraineEconomy
The IMF has revised the forecast for Ukraine’s real GDP growth in 2023 to 4.5%. Ukraine’s macroeconomic indicators have been stronger than expected despite the ongoing war. This contributed to the upward revision of the IMF’s forecast for economic growth. The IMF revi... #GavinGray #GDPinUkraine #imf #UkraineEconomicForecast #UkraineEconomy
Fitch has confirmed Ukraine’s likely default and improved Ukraine’s GDP growth forecast to 5.1% this year. International rating agency, Fitch Ratings, has confirmed Ukraine’s long-term issuer default rating (EDR) in foreign currency at the CC level. Fitch expects the war to continue through 2024. At ... #defaultinukraine #FitchRatings #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #WarinUkraine
Ukraine’s economy is recovering faster than forecast, but how will it do in the next two years? The rate of recovery of the Ukrainian economy in 2023 exceeded initial forecasts, and the locomotive of positive change was the ability of Ukrainian businesses to adapt to the challenging conditions o... #GDPinUkraine #InflationinUkraine #nbu #UkraineEconomicForecast #UkraineEconomy
The government of Ukraine gives a price forecast for the near future. The growth of consumer prices in Ukraine will slightly accelerate in the coming months, but overall inflation will remain moderate. As noted in the Ministry of Economy’s review, price growth is ... #InflationinUkraine #UkraineEconomicForecast #UkraineEconomy
Concorde Capital forecast for Ukraine’s GDP growth is 6% this year and no more than 3% in the future. The Ukrainian economy will grow by about 6% in 2023, and in the future, economic growth will not exceed 3% per year, predicts the CEO of investment company Concorde Capital, Ihor Mazepa. “We wer... #ConcordeCapital #GDPinUkraine #IhorMazepa #UkraineEconomicForecast #UkraineEconomy
Most Ukrainians count on an economic boom in post-war Ukraine. Currently, 21.2% of Ukrainians believe that rapid economic growth (5-7% of GDP per year) will begin in Ukraine within 1-2 years after the end of the war. Also, 48.5% think economic growth will start w... #SociologicalSurvey #UkraineEconomicForecast #UkraineEconomy
The World Bank has improved its economic forecast for Ukraine. The World Bank forecasts Ukraine’s GDP to grow by 3.5% in 2023 and 4% in 2024, which is 1.5 and 0.5 percentage points higher than its June estimates, according to the updated economic forecast f... #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #worldbank
The EU predicts Ukraine’s GDP will grow this year. The Spring 2023 Economic Forecast states that Ukraine’s economy will stabilize this year, and GDP may grow by 0.6%. And after a year, growth may reach 4%. This growth is forecast even though dur... #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy
Ukraine was included in the European economic forecasts for the first time in the Spring 2023 Economic Forecast. On July 16, during the meeting of the G7 financial bloc, EU Economic Commissioner Paolo Gentiloni emphasized that in 2023 Ukraine will be included in the regular review of structural features, economi... #GDPinUkraine #PaoloGentiloni #UkraineEconomicForecast #UkraineEconomy
The European Commission predicts 0.6% growth for Ukraine’s economy this year. On May 15, according to European Commission, after falling by about 29% last year, the Ukrainian economy is expected to grow by 0.6% this year, and by 4% in 2024, European Commissioner for Economy Pao... #GDPinUkraine #PaoloGentiloni #UkraineEconomicForecast #UkraineEconomy
Moody’s downgraded Ukraine’s rating, but the future forecast is stable. Moody’s Investors Service lowered Ukraine’s rating from Caa3 to Ca but changed the forecast from negative to stable. The rating was reduced after assessing the risks caused by the war’s co... #Moodys #UkraineEconomicForecast #UkraineEconomy
Ukraine has developed an alternative economic scenario in the event of the war’s continuation through the middle of 2024. If the war drags on until mid-2024, the growth of the Ukrainian economy will be only 1.9% in 2023, and 2.5% in 2024, and international reserves will fall to the critical $12.6B level in 2024, the NBU... #nbu #UkraineEconomicForecast #WarinUkraine
The EBRD has worsened Ukraine’s economic forecast for 2023. The EBRD maintained its May forecast for the Ukrainian economy’s decline in 2022 but lowered its projections for Ukraine’s economic growth next year. Earlier this year, the EBRD predicted the drop in... #ebrd #UkraineEconomicForecast
Moody’s downgrades Ukraine’s sovereign credit rating. The Moody’s rating agency downgraded Ukraine’s long-term credit rating from Caa2 to Caa3 and negatively changed the outlook. The downgrade is due to increased risks in servicing Ukraine’s publi... #Moodys #UkraineEconomicForecast #UkraineEconomy
