Ukraine’s economy

Ukraine’s trade deficit deepens as imports outpace exports

In January-February 2025, Ukraine imported goods worth $11.3 billion, while exports amounted to $6.3 billion, therefore resulting in a negative trade balance of $5 billion, the State Customs Service of Ukraine reported on March 10.

11 March 2025, 03:13 PM

Ukraine's economic potential: Beyond rare earth metals

Ukraine already plays and can become an even more significant player in the economic sphere, Oksana Markarova, the Ukrainian ambassador to the United States, said during the NV event "Ukraine Changes the World: Dialogues on Opportunities" on Feb. 19.

19 February 2025, 04:03 PM

EBRD commits €1.5 billion to Ukraine in 2025, eyes post-war economic revival

The European Bank for Reconstruction and Development (EBRD) will invest at least €1.5 billion ($1.56 billion) in Ukraine’s economy in 2025, EBRD President Odile Renaud-Basso told Reuters on Feb. 7.

7 February 2025, 10:30 AM

U.S. Special Representative Penny Pritzker unveils Ukraine recovery plan

U.S. Special Representative for Ukraine’s Economic Recovery Penny Pritzker outlined a plan with five key conditions for ensuring the success of Ukraine’s recovery, Voice of America reported on Aug. 3.

4 August 2024, 01:09 PM

IMF predicts Russia-Ukraine war may last until 2025, economic shock ahead

Russia's war against Ukraine could conclude by the end of 2025, while the economic shock caused by the war might begin as early as the third quarter of 2024, according to the downside scenario of the IMF's (International Monetary Fund) forecasts on the state of the Ukrainian economy, published on June 28.

2 July 2024, 04:58 PM

Ukraine’s economic growth slows for third consecutive month

In May, Ukraine's GDP grew by 3.5% compared to 4.2% in April and 4.9% in March, with real GDP growth slowing for the third month in a row due to Russian attacks on Ukrainian power plants, reported Institute for Economic Research (IER) on its own analysis on June 17.

18 June 2024, 07:46 PM

Oschadbank Chair reacts to former NBU Chief Hontareva sensational interview

State-owned Oschadbank Chair, Serhiy Naumov, reacted to the interview of the former National Bank Chair Valeria Hontareva for NV Business.

28 May 2024, 03:29 PM

Ukraine’s budget short $5 billion for weapons procurement – Finance Minister

Regardless of unblocked US aid package covering social and humanitarian expenses, Ukraine State budget still lacks $5 billion needed to purchase weapons, Ukrainian Finance Minister Serhii Marchenko said in an interview with Hromadske Radio published on May 22.

23 May 2024, 02:26 PM

UN predicts Ukrainian economic outlook for 2024

In 2023, Ukraine's economy grew by 5.3%, but in 2024, UN economists predict moderate growth, according to the World Economic Situation and Prospects 2024 report, released by the UN Department of Economic and Social Affairs (DESA) on May 16.

18 May 2024, 06:02 PM

Despite attacks, Ukraine's economy expected to grow 3% in 2024 – UK intel

Despite regular attacks on Ukraine's energy infrastructure, the country's economy is expected to grow by about 3% in 2024, according to the latest British intelligence report published on May 16.

16 May 2024, 04:34 PM

EBRD predicts Ukraine's GDP to grow by 3% in 2024, rise to 6% in 2025

Ukraine's GDP growth is expected to slow to 3% in 2024 from 5.3% in 2023 but will pick up to 6% in 2025, according to a report by the European Bank for Reconstruction and Development (EBRD) released on May 15.

15 May 2024, 02:19 PM

What awaits Ukraine's GDP, the Ministry of Economy explained

Ukraine's economy is likely to grow by about 4.6% in 2024, although Russian attacks could worsen this figure, Economy Minister Yuliya Svyrydenko said during the Kyiv Investment Day Forum, Ukrainian state media outlet Ukrinform reported on May 2.

2 May 2024, 01:19 PM

Ukrainians abroad: their number, what countries they choose, and how many of them may not return

4.9 million Ukrainians stay abroad due to the war as of the end of January 2024, the largest share of Ukrainian refugees in Europe is resided in Germany (30%), and Poland (22%); up to 2.3 million people may remain outside Ukraine, Center for Economic Strategy (CES) reported in their third wave of research dedicated to Ukrainian refugees.

14 March 2024, 05:20 PM

Ukraine’s economy

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