GDP Growth Forecast for Ukraine in 2025: Government and EBRD Provide New Estimates

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GDP Growth Forecast for Ukraine in 2025: Government and EBRD Provide New Estimates

The Cabinet of Ministers of Ukraine forecasts that in 2025, the country’s real gross domestic product will grow by 2%. This figure is lower compared to the previous estimate of 2.7%. According to Minister of Economy Oleksii Sobolev, the main drivers of economic growth remain industry, manufacturing, the energy sector, and agriculture.

This is reported by Finway

EBRD’s Assessment of Ukraine’s Economy

The European Bank for Reconstruction and Development (EBRD) has also revised its forecast for the Ukrainian economy for the next year. Bank experts expect that in 2025, the growth of Ukraine’s real GDP will be 2.5%, which is lower than the previous estimate of 3.3%. At the same time, the EBRD maintains its forecast of 5% for 2026, provided that hostilities come to an end.

The EBRD notes that the Ukrainian economy is facing a high level of uncertainty due to security risks, the state of energy infrastructure, and dependence on external financial support.

Comparison with Other Countries and Investments

For other countries where the EBRD operates, the average economic growth rate is projected to be 3.1% in 2025 and 3.3% in 2026. It is worth emphasizing that the bank remains the largest institutional investor in the Ukrainian economy: since February 2022, nearly 8.4 billion euros have been directed to Ukrainian projects, of which 3 billion euros are allocated for the energy sector.