The war costs Ukraine about UAH 2T per year.

“Supporting the Armed Forces of Ukraine and confronting Russia in the war it unleashed costs our state about 2 trillion hryvnias,” said Prime Minister Denys Shmyhal at a conference of Ukrainian ambassadors. The minister noted that, “This is more than the revenue for the peacetime budget.” According to him, in peacetime, the revenue  that funded Ukraine’s budget amounted to 1.3T hryvnias. Currently, the state survives thanks to the financial support of its partners, as well as grants and loans.

“Ukraine lost about 30% of its economy, enterprises, and 3.5 million jobs. In the first year of the war, we lost 29.5% of our GDP. This is less than expected, though. However, business has adapted and continues to adapt. This year, we expect even a slight increase compared to last year,” the head of government added.