Macroeconomic forecast

  • Macroeconomic Forecast Ukraine - Slow way to recovery


    Economic activity in the first half of 2016 real GDP increased by 0.8% yoy, which was lower than we expected. This is primarily related to the Russia’s policies to ban Ukrainian imports and restrict transit of Ukrainian goods through its territory as well as logistical disruption in Donbas. In the second half of the year, we expect that economy will develop according to our previous expectations. Still, we are likely to downgrade or estimate of real GDP to 1.1-1.3% in 2016.

    High economic and political uncertainty will negatively influence the actual path of economic recovery. Economic growth next year is expected to be supported by growth of investments. Overall, real GDP is likely to grow at about 3% in 2017.

    Issue:  No.8 (107) August 2016

Powered by

© 2020
The Institute
for Economic Research
and Policy Consulting
Reytarska 8/5-А,
01054 Kyiv, Ukraine
+ 38 044 278-63-42
+ 38 044 278-63-60
+ 38 044 278-63-36
Use of site materials is allowed on condition of reference (for the internet publishing - links) on