THE UKRAINIAN ECONOMY скачать в хорошем качестве

THE UKRAINIAN ECONOMY

The Ukrainian economy is showing considerable volatility as it strives to maintain its resilience despite the devastation caused by the war. Its nominal GDP is estimated to be approximately $205.7 billion in 2025. In real terms, real growth is expected to be around 2%; the International Monetary Fund (IMF) forecasts 2.0%, while the European Bank for Reconstruction and Development (EBRD) forecasts 2.5%. Inflation is one of the economy's most critical issues. By mid-2025, annual inflation had reached 14%; in July 2025, it was recorded at 14.10%. According to the National Bank, inflation could fall to 8.7% by the end of the year. Monetary policy has been tightened; the policy rate remains at 15.5%. The current account deficit is deepening due to imports of war supplies, energy costs, and export difficulties. External financing needs are quite large in 2025—the IMF and the Ukrainian government have agreed on an external financing gap of approximately USD 65 billion. The war has also caused extensive damage to infrastructure: power plants, roads, dams, and logistics networks have been damaged. The cost of reconstruction is estimated to reach up to USD 524 billion. On the other hand, there are signs of potential growth in some sectors, such as defense procurement, technology production (especially the drone industry), and agriculture. Overall, the Ukrainian economy faces serious risks such as the burden of war, external debt, and inflationary pressures. However, thanks to external support, infrastructure repairs, and macro-stability policies, it has the potential to sustain growth, albeit limited.