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 […]
GDP
Reduction in investment remains key factor behind GDP decline in Ukraine
A further reduction in investment remains a key factor behind the decline in gross domestic product (GDP) in Ukraine, according to a report released by the National Bank of Ukraine […]
IMF explained upgrade of Ukraine’s GDP forecast
The IMF links upgraded Ukraine’s GDP forecast for 2020 with a faster-than-expected recovery of some indicators of the country’s economic development in the second quarter of this year, ukrinform reported. […]
The GDP of the Eurozone may decline by 12% in 2020
The GDP of the Eurozone, Ukraine’s largest bloc trading partner, may decline by 5-12% this year due to coronavirus lockdown measures, estimates Christine Lagarde, president of the European Central Bank, […]
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 […]
Ukrainian immigrants add 11% of Polish GDP growth
Ukrainian migrant workers have created 11% of Poland’s GDP growth since 2014, according to a new report by analysts from the National Bank of Poland, reports NFP. The report suggests […]
Morgan Stanley upgrades Ukrainian GDP forecasts
Morgan Stanley has upgraded its Ukrainian GDP growth forecasts for the coming two years as international optimism over the country’s economic outlook continues to strengthen. The US-based financial sector giant […]
Farmland market may boost Ukraine’s GDP by 1-2 percentage points in 2021
The launch of a farmland market will boost Ukraine’s GDP growth by 1-2 percentage points in 2021, and by 3-3.5 percentage points each year through the mid-2020s, Economy Minister Milovanov […]
World Bank keeps forecast of Ukraine’s GDP growth at 2.7%
The World Bank has kept unchanged the forecast of Ukraine’s GDP growth at 2.7% in 2019. The World Bank Country Director for Belarus, Moldova, and Ukraine, Satu Kahkonen, stated this at a […]
Poroshenko: IT sector can reach 6.8% of GDP in two years
The IT sector of Ukraine currently provides 4% of gross domestic product (GDP), and in two years this figure may reach 6.8% of GDP. President Petro Poroshenko said this during […]
Sanctions have cut Russia’s GDP by 6 percent
Prosecuting war in eastern Ukraine and sustaining Crimea has taken an economic toll on Russia, directly and through Western sanctions, writes Newsweek. Bloomberg Economics estimates sanctions have cut Russia’s gross […]
Ukraine Defense Sector will Get 5% GDP in 2019
More than ₴ 102 billion allocated for the Ukrainian army within the Ukrainian state budget for 2019, reports ua|tv. This amount is ₴ 16 billion more than the defense budget allocated to […]
