Ukraine’s GDP Grew by 2.3% in 2025, Another 2% Growth Projected for 2026

Economy Minister Oleksiy Sobolev reported that in the second half of 2025, Ukraine’s economy significantly revived, despite ongoing attacks from Russia on energy infrastructure and businesses. According to the official, the domestic economy demonstrates resilience even under the challenging conditions of large-scale destruction and constant risks.

This is reported by AgroReview

“Therefore, even under a scenario where the war continues throughout 2026, we are projecting economic growth at around 2%”

Challenges for Business and Support Measures

Oleksiy Sobolev emphasized that one of the main challenges for the economy in 2026 will be the electricity deficit and the intensification of attacks from Russia on businesses. The government plans to mitigate the negative impacts on enterprises through recovery grants. Additionally, a more extensive business support program is being developed to help Ukrainian companies adapt to new realities.

Main Growth Drivers and Positive Forecasts

According to the Ministry of Economy’s assessment, in 2026, the key drivers of economic growth will be construction, domestic trade, manufacturing, and the defense sector. The minister also noted positive expectations regarding the agricultural sector: after two years of poor harvests, the next year is expected to be more favorable for agriculture.

Against the backdrop of improving conditions in Ukraine, global economic prospects are also showing growth. In particular, the World Bank has revised its forecast for global economic growth in 2026 upwards – from 2.3% to 2.6%.