The World Bank has upgraded its forecast for the growth of Ukraine’s gross domestic product (GDP) in 2021 to 3%, according to January’s Global Economic Prospects. For comparison, in early […]
economy
Despite pandemic, Ukrainian retail sales are up almost 8%
In spite of the spring coronavirus lockdown Ukrainian retail sales accelerated to 7.6% yoy growth in real terms according to the State Statistics Service. In Kyiv, Ukraine’s capital and the […]
Capital investment in Ukraine’s economy shrank by 30%
Capital investment in Ukraine’s economy shrank by 30% in the first half of the year, compared to January-June 2019, according to the State Statistics Service. In particular, UAH 63.26 billion […]
China and Ukraine have agreed to increase bilateral trade
Ukraine and China have agreed to continue increasing trade in goods and services, exploring ways to liberalize trade, and identifying joint projects in the fields of agribusiness, infrastructure, energy, and […]
Ukraine in the Second World War
Source: uacrisis.org
Experts expect 5.9% drop in Ukraine’s real GDP in 2020
Real GDP may drop by 5.9% this year, Ukraine’s Institute for Economic Research and Policy Consulting has said in a survey. “We expect substantial damage to the economy from domestic […]
Coronavirus will cause global recession as bad as during the global financial crisis – IMF
IMF predicts a global recession at least as bad as during the global financial crisis or worse. “The economic impact is and will be severe, but the faster the virus […]
Ukraine’s economy can shrink by -1.6% in the first quarter due to coronavirus
If the coronavirus restrictions “are not prolonged” Ukraine’s economy will shrink by -1.6% in the first quarter and will end the year with 1.9% growth, estimates Adamant Capital. “We expect it […]
Ukraine’s economic growth
On the backdrop of the ongoing Russian aggression against Ukraine, which means the loss of one-third of the country’s industrial potential and the need to invest in the country’s defense […]
Ukraine increased its grain exports 34% y-o-y
During the first half of the grain marketing year, Ukraine increased its grain exports 34% y-o-y, to 31.1 million tons, reports the Economy, Trade, and Agriculture Ministry. Export leaders for the […]
Ukraine makes progress in taming inflation
Retail sector is driving Ukraine’s economic growth
Ukraine’s economic growth will continue to be driven by the increasing volume of retail trade, with more than 40 major retail projects currently underway in the capital Kyiv, Ukrainian real […]
Ukraine enters 85 new agriculture markets
Ukraine secured access to 85 new agricultural export markets last year as the country continued to expand its global reach as a food supplier, writes Business Ukraine magazine. The process […]
