Develop with Ukraine

Develop with Ukraine

The European Bank for Reconstruction and Development has significantly worsened its GDP growth forecast for Ukraine in 2023 to 1%

The European Bank for Reconstruction and Development has significantly worsened its GDP growth forecast for Ukraine in 2023 to 1%

EBRD analysts noted that in 2023, assuming that the fighting in Ukraine remains limited to the current territory, it is likely that real output will stabilize at about 70% compared to 2021 levels.

Ukraine's economy will continue to be heavily influenced by wartime considerations. "Unless there are significant strategic changes on the ground, Ukraine's GDP growth in 2024 is likely to be sluggish, but at least positive," the bank added.

A positive forecast is that in 2024 the Ukrainian economy will grow by 3%. But this is only with the help and support of Ukraine's Western partners, and also if the amount of investment in the country increases.

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