Automatically translated version. May contain inaccuracies compared to the original.
The Ministry of Economy allows that real GDP growth of Ukraine in 2026 year will be only 0,5%. Among the reasons are Russian shelling, destruction of logistics, and export problems.
Real GDP growth of Ukraine in 2026 year may be noticeably lower than the current government forecast of 1,6%. The Ministry of Economy and Environment is currently considering a scenario in which the economy grows only by 0,5%. This was stated by Minister of Economy and Environment Oleksandr Kravchenko during the Forbes Ukraine Economic Stability Forum.
"An additional decline will be more than 1 percentage points. That is, we will grow by 0,5% — this is the figure we are currently considering within the Ministry of Economy," he said.
At the beginning of 2026 year, the government forecast GDP growth of 2,4%, but mid-year it lowered the estimate to 1,6%.
According to Kravchenko, the stronger factor pressing on the economy are Russian strikes on logistics infrastructure and export blockages. The Ministry of Economy expects that in the second half of the year this pressure may intensify.
As reported, Ukraine's real GDP in the second quarter of 2026 year grew by 0,4% year-on-year. Previously, the State Statistics Service estimated growth at 0,6%, so the new figure turned out to be lower.
EBRD worsened the forecast for Ukraine's economic growth.
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