“During the year, the economy of Ukraine continued to work in conditions of attacks on infrastructure, complex logistics and high risks, the ministry reports”, — write: www.radiosvoboda.org
According to them, in 2025 the real GDP of Ukraine increased by 2.2%. The Ministry notes that during the year, Ukraine’s economy continued to operate under conditions of attacks on the energy infrastructure, complex logistics and high security risks:
“Nevertheless, the economy of Ukraine showed growth close to the forecast, which was supported by positive dynamics, in particular, in the following key sectors: domestic (primarily retail) trade; construction; processing industry, in particular, increasing the production of defense products, pharmaceutical products, metallurgical products, building materials and other products”.
The agency named the factors that supported economic activity in 2025:
- business recovery and development programs financed by international financial assistance: according to the Ministry of Finance, in 2025, within the framework of the “5-7-9% Affordable Loans” program, entrepreneurs received new loans in the amount of about 93.7 billion hryvnias
- the growth of household consumption in the context of ongoing wage increases; according to work.ua calculations, the average nominal salary for vacancies as of January 6, 2026 has increased by 30.8% (up to UAH 27,530) compared to January 7, 2025, and the average salary per resume has increased by 39.9% (up to UAH 30,216)
- significant capital expenditures of the budget for the restoration of critical infrastructure, housing programs (ieRecovery, ieOselya) and the purchase of domestic products of the defense-industrial sector. The Ministry of Economy refers to the data of the State Treasury, according to which on December 1, 2025, capital expenditures of the consolidated budget increased by 17.3% compared to December 1, 2024; according to Ukrfinzhitla, in 2025, preferential mortgage loans in the amount of more than 14.8 billion were provided under the eOsel program
Also, adds the Ministry of Economy, in 2025, the growth of the role of activities with higher added value was recorded. In particular, according to the State Statistics Service, in 11 months of 2025, the share of mechanical engineering in the structure of industrial sales increased to 9.1% compared to 5.7% in 2021.
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“There was also an increase in the utilization of production facilities in industry. According to the State Statistics Service, as of October 1, 2025, the highest level of employment was recorded in pharmaceutical production, furniture production, wood processing, food and textile industries,” the message says.
The ministry also names the factors slowing down the dynamics of economic growth:
- massive Russian missile attacks on power generation facilities and, for the first time in the years of a full-scale war, on gas extraction infrastructure
- lower yield of certain crops due to unfavorable weather conditions
- logistical difficulties, termination of transit of natural gas by pipeline transport, as well as narrowing of demand, in particular, from the side of agriculture
In October The National Bank predicted that inflation will decrease to 9.2% in 2025, to 6.6% in 2026 and to a target of 5% in late 2027.
