Ukraine will need $300B in investment for its post-war recovery.


According to a KSE report, Ukraine’s GDP is projected to grow by about 3% in 2025, and after the war ends in 2026-2027, the growth rate is expected to accelerate. One critically important factor in maintaining macroeconomic stability this year is the G7 countries’ decision to provide Ukraine with $50B under the ERA mechanism.
In total, from 2025 to 2027 Ukraine should receive approximately $92B in external financing, with more than $58B expected this year. With this support, Ukraine will be able not only to cover its budget deficit but also to increase its gold and foreign currency reserves. The projected amount of external loans in 2025-2027 exceeds $72B and will help finance a significant portion of the state budget deficit.
Additionally, foreign investors are anticipated to return to the domestic public debt market in the next two years, alongside the possibility of Ukraine issuing Eurobonds as early as 2027, and perhaps even sooner. The state budget deficit is expected to decrease from 16% of GDP in 2025 to 10.2% in 2026 and further to 6.4% in 2027.
Ukraine needs to attract $300B in investment over the next 10 years to enhance productivity and ensure sustainable economic growth.