Wednesday, December 17, 2025

UATV English Report: In November 2025, Ukraine’s Real Gross Domestic Product (GDP) Growth accelerated to 5.3%, compared with 2.3% in October.

 

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Ukraine’s real GDP growth accelerates – Ministry of Economy

Published: 17 Dec / 2025   11:38
Illustration: gettyimages.com

In November 2025, Ukraine’s real gross domestic product (GDP) growth accelerated to 5.3%, compared with 2.3% in October. The main drivers were agriculture, domestic trade, construction, and manufacturing, UATV English reports.

The Ministry of Economy, Environment and Agriculture reported the figures. 

 

“The Ukrainian economy continues to grow despite disruptions in energy supply caused by large-scale attacks on critical infrastructure. Businesses are adapting to challenging conditions. At the same time, Ukraine demonstrates more dynamic growth than Russia. The aggressor state recorded 1.6% real GDP growth in October, while Ukraine posted 2.3% in October and 5.3% in November,” 
--- said Oleksii Sobolev, Minister of Economy, Environment and Agriculture.

The ministry noted that economic growth is supported by business recovery and development programs financed through international assistance, aimed at boosting domestic production.

Budgetary funding also remains an important factor, particularly for reconstruction and repair of damaged critical infrastructure, housing construction under the eVidnovlennia and eOselia programs, as well as procurement of domestic products for the defense industry sector.

INSERT> See this YOY 2021-2024 

Ukraine's economy is forecast to grow by 3-5% in 2024 — analysts — GMK Center 

Positive changes are also observed in the production structure. 
  • Activities with higher added value are expanding. 
  • The share of machine-building in industrial output rose to 9%, compared with 5.7% in 2021. 
  • Capacity utilization is increasing in the pharmaceutical industry, woodworking, furniture production, food processing, and textiles.
According to the State Statistics Service, in the third quarter of 2025, real GDP grew by 2.1% year-on-year, exceeding the Ministry of Economy’s earlier estimate. 
  1. As a result, real GDP growth for the first nine months of the year amounted to 1.3%.
  2. Earlier, preliminary estimates from the State Statistics Service indicated that Ukraine’s real GDP in the third quarter of 2025 rose by 0.8% compared with the second quarter.

The draft state budget for 2026, based on macroeconomic forecasts, projects real GDP growth of 2.4%.  

Ukraine’s annual economic growth accelerated to 2.1% in the third quarter of 2025, the strongest performance in a year, from 0.7% in the previous period. 
  • On a seasonally adjusted quarterly basis, the GDP increased 0.8%, following a 0.2% rise in the preceding quarter.  
Source: State Statistics Service Of Ukraine

Analysts expect Ukraine's GDP to increase to $200 bln in 2025 

Analysts expect Ukraine's GDP to increase to $200 bln in 2025 - GMK Center 

Photo – Ukrainian economy in 2024 was 23% below pre-war levels

Infographic: Ukrainian economy in 2024 was 23% below pre-war level


 

 

 



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