In April, Ukraine's GDP grew by 0.9% after falling in the first quarter.
This was announced by Prime Minister Yulia Svyrydenko on the Telegram channel, Ukrainian News Agency reports.
"The Ukrainian economy continues to recover despite the war, the consequences of a difficult winter and constant russian attacks on energy infrastructure. After falling in the first quarter, in April, Ukraine's GDP, according to the Ministry of Economy, grew by 0.9%, which significantly weakened the negative dynamics of GDP in the first four months of 2026 - to - 0.2%," she said.
According to her, domestic trade, mining and processing industries, in particular the defense industry, production of products necessary for the restoration of energy, as well as the food industry, are showing growth.
"After a difficult February, recovery began in March. Some industries are showing growth of over 10%," the Prime Minister noted.
Svyrydenko noted that according to updated forecasts, the IMF expects Ukraine's GDP to grow by 2% in 2026, and the World Bank expects it to grow by 1.2%.
At the same time, she noted that internal russian assessments confirm the growing depletion of the russian economy due to the systematic destruction of oil and gas infrastructure.
According to her, Ukrainian long-range sanctions are working very effectively, russia is already forced to reduce active oil wells, and the drop in oil refining is at least 10% in just a few months of this year. The effect is also confirmed by April export data - russian exports of petroleum products decreased by 21% year-on-year (and by 12% compared to March).
She added that the russian budget deficit reached USD 75.4 billion in the first four months of this year, which is 50% higher than the annual plan and is the highest figure for similar periods since the start of the full-scale invasion.
"Even the increase in world oil prices is not able to solve the problems that russia is currently experiencing due to the war it has started against Ukraine. The russian government has significantly worsened the forecast for russian GDP growth in 2026 from 1.3% to 0.4%," Svyrydenko noted.
As Ukrainian News Agency earlier reported, according to the State Statistics Service, in January-March 2026, the real gross domestic product (GDP) of Ukraine, according to operational data, decreased by 0.5% compared to the same period in 2025, and compared to the fourth quarter of 2025, GDP decreased by 0.7% (seasonally adjusted).
Danylo Hetmantsev, a member of the Verkhovna Rada from the Servant of the People faction, chairman of the parliamentary committee on finance, tax and customs policy, noted that the 0.5% decrease in GDP in January-March 2026 indicates a "cooling" of the economy and a serious problem.
Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.
To request a correction, please send an email.