Ukraine’s gross domestic product will exceed the pre-crisis level in 2021, the Economic Development and Trade Ministry forecasts. In 2021, the economy will be 1.6% greater than in 2013. To some degree, this is comparing two different Ukraines. In 2014, Russia’s actions amputated Crimea and much of the Donbas, Ukraine’s industrial heartland. By losing control over these territories, Ukraine lost about 20% of its GDP.
Ukraine’s gross domestic product will exceed the pre-crisis level in 2021
