Tuesday, 02 January 2024 12:17 GMT

Ukraine's GDP Grows By 0.7% In Q1 State Statistics Service


(MENAFN- UkrinForm) This was reported by the State Statistics Servic , according to Ukrinform.

“Real GDP in the first quarter of 2025 increased by 0.7% compared to the previous quarter (taking into account seasonal factors), and by 0.9% compared to the first quarter of 2024,” the report said.

Read also: S&P agency announces Ukraine's default on GDP -linked bond issue

As reported, the government forecasts real gross domestic product (GDP) growth of 4.6-5.7% over the next three years, in particular due to the development of export potential, industrial modernization, and the gradual recovery of domestic demand.

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