The European Bank for Reconstruction and Development (EBRD) has downgraded Ukraine's real GDP growth forecast for 2025 from 3.5% to 3.3%.
This is stated in the EBRD materials, Ukrainian News Agency reports.
"Global trade pressures, as well as the war, are affecting economic expectations for 2025. Ukraine's GDP growth is expected to slow to 3.3% in 2025, and recent global trade disputes will add additional risks to the already high uncertainty associated with russia's war against the country," the bank noted.
At the same time, the EBRD maintained Ukraine's GDP growth forecast for 2026 at 5%, provided that russia's war against Ukraine ends.
The bank reported that since mid-2024, there has been a slowdown in economic growth and an acceleration in inflation due to the impact of the war that began with the russian invasion in February 2022.
It is noted that real GDP growth in 2024 slowed noticeably from over 5% in the first half of the year to about 2% in the second half, as a result of which the overall indicator decreased to 2.9%.
As Ukrainian News Agency earlier reported, in April, the National Bank of Ukraine downgraded its GDP growth forecast from 3.6% to 3.1% in 2025.
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