“Ukraine’s economy has slowed down: in the second quarter of 2025, GDP growth amounted to only 0.7% in annual terms, which is less than the previous indicator of 0.9%. The National Bank of Ukraine (NBU) notes that the slowdown is related to the consequences of the war, a decrease in production and adverse weather conditions, which affected the productivity of agriculture, where the gross value added fell by more than 23%. ”, — write on: ua.news
Ukraine’s economy has slowed down: in the second quarter of 2025, GDP growth amounted to only 0.7% in annual terms, which is less than the previous indicator of 0.9%.
National Bank of Ukraine (NBU) notes that the slowdown is related to the consequences of the war, reduced production and adverse weather conditions that affected agricultural productivity, where gross value added fell by more than 23%.
In contrast, consumer demand remained stable and retail trade grew by 4.7%.
Despite the difficulties, the NBU predicts that economic recovery will accelerate in the second half of 2025. A brisk harvest, domestic demand and rising fiscal spending are expected to support growth. However, security risks and attacks on critical infrastructure still pose serious threats.
International Monetary Fund improved dollar to hryvnia exchange rate forecast: according to WEO calculations (October 2025), the dollar will reach 50 hryvnias only in 2029.
The IMF and the Bank of England warn that the rapid growth of investments in artificial intelligence could end in a sharp correction in the global stock markets. According to economists, current valuations of technology companies are approaching the levels of the dotcom bubble of the 2000s, when markets collapsed after a wave of speculation.
In New York, the President of Ukraine Volodymyr Zelenskyi held a meeting with the Managing Director of the International Monetary Fund, Kristalina Georgieva. The parties discussed further steps regarding financial support to Ukraine.
