As of the second quarter of 2024, the Ukrainian economy is slowing down its growth rate, which is due to the waning effects of recovery following the difficult year of 2022. Evidence of this is the decline in the dynamics of key economic indicators, including GDP and industrial production. According to state statistics, Ukraine’s real GDP fell by 28.8% in 2022 compared to pre-war levels, while a rebound of 5.5% was recorded in 2023. However, the results for 2024 show growth of only 2.9%, indicating gradual stabilization but also the need to find new drivers for economic development.
This is reported by Business • Media