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

Економісти дали прогнози щодо зростання ВВП України, інфляції та міжнародної допомоги.

In the third quarter of 2025, Ukraine’s real gross domestic product (GDP) increased by 2.1% compared to the same period in 2024. In comparison, growth in the second quarter was 0.8%, and in the first quarter, it was 0.9%. Thus, the pace of economic development in the country shows a gradual acceleration.

This is reported by Business • Media

Sectors Contributing to GDP Growth

The most significant contribution to economic growth in the third quarter came from several key sectors. In particular, construction showed an impressive increase of 31.5%. A substantial rise was also recorded in the public administration sector at 15.1%, and in the supply of electricity, gas, steam, and air conditioning at 6.7%. Wholesale and retail trade, as well as the repair of motor vehicles, added 2.6%, while education contributed 2.2%. Together, these sectors provided a positive dynamic for economic development during the reporting period.

Expenditures and Investments as Economic Drivers

An analysis of GDP using the final consumption method shows that the main growth factors were expenditures in the general public administration sector, which increased by 12.2%, as well as investments in fixed capital, which rose by 11.5%. Additionally, final consumer spending by households increased by 6.7%, indicating a gradual recovery in consumer activity among the population.

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