Archive 2005

  • Macroeconomic Forecast Ukraine No.1 (7)


    Real GDP growth is forecast to decelerate in 2005 and 2006 compared to previous years.

    In 2005 the real GDP is expected to increase by 7.0%, while in 2006 its growth is forecast to slow down to 6.4%.

    In the short run, final household consumption will remain the key contributor to real GDP growth on the demand side.

    The fiscal expansion is expected to stimulate final consumption by both households and government in 2005.

    Investment activities will remain at a very moderate pace in 2005 and the first half of 2006.

    The trade liberalisation and the revaluation of hryvnia are expected to foster imports in 2005.

    Ukraine's accession to the WTO is forecast to stimulate both exports and imports in 2006.

    Consumer prices are expected to increase by about 14% in 2005, however their growth will slow in 2006.

    Issue:  No.1 (7) May 2005
    Forecasting period:  2005 - 2006
    Attached file  (139.6 kb)

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