Key Factors for Ukraine’s GDP Growth in the Third Quarter of 2025

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Key Factors for Ukraine’s GDP Growth in the Third Quarter of 2025

In the third quarter of 2025, Ukraine’s real gross domestic product grew by 2.1% compared to the same period in 2024. This represents a significant acceleration in economic growth, as GDP growth was 0.8% in the second quarter and 0.9% in the first quarter.

This is reported by Finway

Sectors Contributing to the Largest Growth

Several key sectors made a substantial contribution to the dynamics of the economy. The most notable growth was observed in the construction sector, which increased by 31.5%. The public administration sector demonstrated a rise of 15.1%. Additionally, positive impacts were seen in the supply of electricity, gas, steam, and air conditioning (growth of 6.7%), wholesale and retail trade along with the repair of motor vehicles (2.6%), and education (2.2%). These sectors became the main drivers of the improved economic situation in the third quarter.

Structure of Expenditures and Investments

According to the analysis of GDP by the final use method, the primary growth in the third quarter was driven by expenditures in the general public administration sector, which increased by 12.2%. Significant influence also came from investments in fixed capital, which rose by 11.5%.

Furthermore, final consumer spending by households increased by 6.7%. This indicates a gradual recovery in consumer activity among the population and a positive impact on economic dynamics.

“In terms of production, the main drivers were growth in construction – 31.5%, in public administration – 15.1%, in the supply of electricity, gas, steam, and air conditioning – 6.7%, in wholesale and retail trade, and repair of motor vehicles – 2.6%, and in education – 2.2%. These sectors formed the positive dynamics of the quarter.”