The EC has significantly improved its forecast for Ukraine’s 2023 GDP from 0.6% to 4.8%. At the same time, the forecast for 2024 was reduced from 4% to 3.7%; in 2025 GDP growth is expected to be 6.1%. “Despite serious problems caused by Russia’s aggressive war, Ukraine’s... #GDPinUkraine #InflationinUkraine #UkraineBudget2024 #UkraineEconomy #UkraineGDPforecast
The NBU’s 2023 GDP growth forecast has decreased from 4% in October to 0.3% in January. The head of the National Bank, Andriy Pyshnyy, explained that the lowered estimate is due to the consequences from energy terrorism and a revision of the primary assumption regarding the duration of s... #AndriiPyshnyi #nbu #UkraineEconomy #UkraineGDPforecast
The World Bank has increased the reconstruction cost and Ukraine’s GDP decline. According to the Vice President of the World Bank, Anna Bjerde, the post-war reconstruction of Ukraine will cost about €500-600B. She recalled that the previous estimate, as of the beginning of June, ... #AnnaBjerde #ReconstructionofUkraine #UkraineGDPforecast
Dragon Capital worsened Ukraine’s GDP forecast. Dragon Capital lowered its forecast for the Ukrainian economy, predicting a 32% y/y decline at the end of 2022 and expects the economy to fall 5% y/y next year, reported the company’s press ser... #DragonCapital #UkraineGDPforecast #UkrainianEconomy
Dragon Capital downgrades Ukraine’s GDP growth forecast for 2021 from 4.6% to 3.5%. Dragon Capital’s CEO, Tomas Fiala, says this is due to unexpectedly worse than expected preliminary GDP data for the second quarter of this year. Surprisingly, wholesale trade fell to 5.7% in the firs... #DragonCapital #DragonCapitalUkraine #UkraineGDPforecast
Oxford Economics presents more sober forecast. While official Kyiv is claiming that the economy is rebounding, not everyone’s so optimistic. Oxford Economics has just downgraded the forecast for GDP growth in 2021 to 4% from 4.4% in the July forec... #UkraineGDPforecast #UkraineGDPgrowth
